TLDR
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ASST jumps 9% as Strive expands bitcoin holdings to 19,105 BTC.
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Strive adds 73 BTC while cash and preferred stock strategy support growth.
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ASST rallies as Strive’s bitcoin treasury expansion gains fresh momentum.
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Strive’s latest BTC buy strengthens its public bitcoin treasury position.
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SATA dividend shift supports Strive’s plan for further bitcoin accumulation.
Strive, Inc. (ASST) extended its bitcoin accumulation strategy after adding 73 BTC during the latest reporting week. ASST climbed to $16.57, up 9.37%, after early gains and a sharp market-open spike. The move gave the stock fresh momentum as the company expanded one of Wall Street’s fastest-growing bitcoin treasuries.
Strive Adds 73 BTC as Treasury Holdings Reach 19,105 Bitcoin
Strive disclosed the new bitcoin purchase in a Form 8-K filing with the Securities and Exchange Commission. The company bought 73 BTC between June 8 and June 14 at an average price near $63,646. The purchase cost about $4.7 million and lifted total holdings to 19,105 BTC.
The Dallas-based company has kept bitcoin at the center of its treasury strategy. Each purchase adds scale to a balance sheet already built around digital reserves. The latest acquisition also reinforced Strive’s position among large public corporate bitcoin holders.
Strive also reported a modest cash increase during the same period. Cash and cash equivalents rose from $139.2 million on June 5 to $141.4 million on June 12. Its STRC holdings remained unchanged at 505,000 shares, while fair value rose to $47.9 million.
ASST Share Count Rises as Preferred Stock Strategy Supports Growth
Strive’s Class A common stock count increased during the week through its equity program. The share count rose by about 483,400 shares to 69,894,045. Class B common stock and SATA preferred shares remained unchanged.
The SATA preferred stock remains central to Strive’s funding model. As of June 16, the company plans to shift SATA’s 13% APR monthly dividend to daily payments. The company expects the daily schedule to support liquidity and attract capital for further bitcoin purchases.
Strive entered the public bitcoin treasury market through its merger with Semler Scientific. The all-stock transaction brought Semler’s 5,048 BTC onto Strive’s balance sheet after closing in January 2026. As a result, Strive started the year with 12,797.9 BTC and quickly moved up the corporate holder rankings.
Bitcoin-First Strategy Drives Strive’s Expansion
Strive accelerated its treasury growth after the Semler transaction closed. In late January, it raised $225 million through SATA preferred stock and added 333.89 BTC. The company bought that bitcoin at an average price of $89,851 and also reduced most outstanding debt.
The company continued buying through May and early June. It passed 15,000 BTC after acquiring 444 bitcoin for $33.9 million at an average price of $76,307. It then added 381.61 BTC in mid-May and around 2,500 BTC on June 1.
Strive now treats bitcoin as a core capital allocation benchmark across the enterprise. The company uses a bitcoin-first framework that measures other investments against BTC performance. That approach has pushed holdings from under 8,000 BTC in late 2025 to more than 19,000 BTC today.
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