TLDR
- Strive stock gains 2.96% after the company adds 79 Bitcoin to its treasury.
- The latest Bitcoin purchase lifts Strive’s total holdings to 20,246 BTC today.
- Strive paid an average $63,231 per Bitcoin for its latest purchase of 79 BTC.
- The company retains $154.8 million in cash after expanding its BTC reserves.
- Strive’s Semler merger continues to support its growing Bitcoin treasury strategy.
Strive, Inc. shares rose 2.96% to $12.68 after the company expanded its Bitcoin treasury with another purchase. The Nasdaq-listed asset manager bought 79 Bitcoin during the week ending August 14. The acquisition lifted Strive’s total Bitcoin holdings to 20,246 BTC.
Strive Adds 79 Bitcoin to Corporate Treasury
Strive purchased the 79 Bitcoin between August 10 and August 14, according to its latest company disclosure. The company paid an average price of about $63,231 per Bitcoin, including fees and expenses. Therefore, the latest purchase represented an investment of almost $5 million.
The acquisition increased Strive’s Bitcoin holdings from 20,167 BTC on August 7 to 20,246 BTC. Meanwhile, the company’s cash and cash equivalents declined slightly from $154.9 million to $154.8 million. That cash position leaves Strive with substantial liquidity while it continues operating its broader asset management business.
Strive has steadily increased its Bitcoin exposure through several purchases during recent months. In June, the company acquired 759 BTC for approximately $50 million. It later added smaller purchases as management continued expanding Bitcoin holdings alongside its traditional financial operations.
ASST Stock Gains as Bitcoin Strategy Expands
ASST stock climbed 2.96% to $12.68 during intraday trading as the latest Bitcoin purchase attracted market attention. The move followed a sharp increase after the opening bell and extended positive momentum during the session. Strive’s expanding Bitcoin balance sheet remains an important part of the company’s broader corporate strategy.
The company’s share count also increased during the latest reporting period. Class A common shares rose by 597,150 shares to approximately 76.24 million.Effective common shares outstanding increased to about 86.04 million by August 14.
Strive also held 505,000 shares of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock. Those holdings carried a fair value of approximately $47.86 million on August 14. Together, Bitcoin and preferred securities now represent major financial assets on Strive’s balance sheet.
Semler Merger Strengthened Strive’s Bitcoin Position
Strive’s Bitcoin strategy expanded significantly after its merger with Semler Scientific. The transaction added a substantial Bitcoin position and increased the company’s exposure to digital assets. It also strengthened Strive’s position among publicly traded companies holding large Bitcoin reserves.
The combined business has since emphasized Bitcoin holdings as an important measure of corporate value. Strive also tracks Bitcoin ownership relative to its share count when evaluating treasury performance. However, additional equity issuance can affect that ratio even when total Bitcoin holdings increase.
Strive also maintains its asset management operations alongside its growing Bitcoin treasury. The company manages nearly $3 billion in assets and continues holding significant cash reserves. Its latest purchase shows that Bitcoin remains a central part of its balance-sheet strategy in 2026.
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