Strive (ASST) Surpasses 15,000 BTC With New Purchase

TLDR

• Strive purchased 444 bitcoin for $33.9 million at an average price of $76,307 per coin.
• The latest acquisition pushed Strive’s total Bitcoin holdings above 15,000 BTC.
• Strive confirmed the transaction through an SEC Form 8-K filing and a statement from CEO Matt Cole.
• The company held 14,557 BTC as of April 24 before completing the new purchase.
• Strive reported $97.9 million in cash and $50.4 million in Strategy’s STRC preferred stock as of May 1.

Strive, Inc. confirmed that its Bitcoin treasury now exceeds 15,000 BTC after a $33.9 million acquisition. The Dallas-based company bought 444 bitcoin at an average price of $76,307 per coin. The purchase lifted total holdings above 15,000 BTC, valued near $1.2 billion at current prices.

Strive Expands Bitcoin Holdings Beyond 15,000 BTC

Strive disclosed the purchase in a Form 8-K filed with the U.S. Securities and Exchange Commission. CEO Matt Cole also announced the acquisition on X and confirmed the transaction details. The company completed the 444 bitcoin purchase at a total cost of $33.9 million.

Earlier, Strive reported 14,557 BTC as of April 24 after buying 789 BTC. That earlier purchase carried an average price of $77,890 per coin. With the latest transaction, Strive’s treasury surpassed the 15,000 BTC threshold.

The company stated that it has added more than 2,200 BTC since January 2026. At that time, Strive held 12,798 BTC following its acquisition of Semler Scientific. The company ranked as the 11th largest public corporate Bitcoin holder then.

Strive completed its acquisition of Semler Scientific in January 2026. The deal integrated the medical technology firm as a subsidiary. After the transaction closed, Strive continued expanding its Bitcoin reserves.

Balance Sheet and Preferred Stock Strategy

Strive reported $97.9 million in cash and cash equivalents as of May 1. The filing also listed $50.4 million in Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy. Strategy operates under Executive Chairman Michael Saylor.

Strategy, formerly MicroStrategy, held 818,334 BTC as of late April 2026. The company acquired those holdings at a total cost of about $61.8 billion. Its average purchase price stood at $75,537 per bitcoin.

Strive reported 63,129,587 shares of Class A common stock outstanding. It also listed 9,893,844 shares of Class B common stock. The company reported 4,959,536 shares of Variable Rate Series A Perpetual Preferred Stock under ticker SATA.

Strive raised $225 million through an oversubscribed SATA preferred stock offering in January 2026. Investor demand exceeded $600 million during the offering. The preferred stock carries an annualized yield near 13%.

CEO Matt Cole has led Strive since April 2023 and serves as Chairman. He described the company as the first public asset management Bitcoin treasury corporation. He stated that Strive measures capital allocation against Bitcoin per share growth.

Strive’s shares traded at $16.23, down 0.05% at the time of reporting. The stock has declined about 88% over the past six months. The period included a deep Bitcoin price drawdown followed by recovery.

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