Strive, Inc. Expands Bitcoin Reserves
Strive, Inc., a company based in Dallas, has recently expanded its Bitcoin reserves to over 15,000 BTC after executing a significant acquisition. The firm disclosed in an 8-K filing with the U.S. Securities and Exchange Commission (SEC) that it purchased 444 BTC for a total of $33.9 million, averaging out to about $76,307 per Bitcoin. This latest buy is part of an increasing trend of accumulation that has culminated in the company’s current total holdings surpassing the 15,000 BTC mark.
CEO’s Commitment and Financial Overview
CEO Matt Cole announced the purchase on social media alongside the SEC filing, emphasizing Strive’s ongoing commitment to accumulate Bitcoin.
Prior to this transaction, the company had reported holding 14,557 BTC as of April 24, which included a previous acquisition of 789 BTC at a rate of $77,890 per coin. At current market valuations, Strive’s Bitcoin treasury is now worth approximately $1.2 billion, underscoring the firm’s substantial presence in the cryptocurrency space.
Additional Financial Disclosures
Additional SEC disclosures from May 1 reveal that Strive also possesses $97.9 million in cash and equivalents, along with a $50.4 million investment in Variable Rate Series A Perpetual Stretch Preferred Stock, a position connected to Strategy, led by Michael Saylor. This recent filing indicated a robust stock structure with 63,129,587 Class A and 9,893,844 Class B shares outstanding, plus nearly 5 million shares of its own preferred stock under the SATA ticker.
Bitcoin-First Approach and Fundraising Success
Strive has adopted what it calls a Bitcoin-first approach to capital management, with internal documents suggesting that Bitcoin value per share serves as a guiding metric for capital allocations. CEO Cole has championed the development of “digital credit” financial products that leverage Bitcoin within their structure.
In an earlier fundraising effort this January, Strive successfully raised $225 million from an offering that greatly surpassed expectations, attracting over $600 million in demand while achieving an annual yield near 13%. Notably, the firm’s preferred stock maintained its value even amidst significant declines in Bitcoin’s market prices.
Position Among Corporate Bitcoin Holders
Just last month, Strive entered the ranks of the top ten public companies holding Bitcoin, following its portfolio growth to 14,557 BTC. It previously reported a holding of 12,798 BTC after acquiring Semler Scientific, a medical technology entity, in January 2026. According to their own statements and information from BTCtreasuries, since that acquisition, Strive has added more than 2,200 BTC, positioning the company to compete directly with established corporate Bitcoin holders.
Market Dynamics and Strategy Holdings
Market data indicates that Strategy holds the leading position among corporate Bitcoin holders, amassing 818,334 BTC at a total expense of around $61.8 billion, averaging $75,537 per coin, which constitutes nearly 4% of Bitcoin’s total supply. Strive’s investment in Strategy-linked preferred stock suggests a strategic alignment with similar treasury management approaches utilized by other corporate players.
As of the latest, Strive shares trade at $16.23, reflecting a slight decrease of 0.05% on the day, while the stock has faced an 88% decline over the past six months amid Bitcoin’s turbulent market dynamics.
