Strive Inc. Increases Bitcoin Holdings
Shares of Strive Inc. experienced a notable rise of approximately 5% as of April 6, 2026, following the company’s announcement regarding another addition to its Bitcoin holdings. Strive now boasts a Bitcoin treasury totaling 13,741 BTC, bolstered by a recent acquisition of 113 BTC, valued at around $7.75 million. This latest purchase was executed at an average price of approximately $68,577 per Bitcoin, highlighting Strive’s ongoing commitment to increasing its digital asset portfolio.
Financial Update and Liquidity
In its financial update, the company revealed significant liquidity details, reporting $86.9 million in cash and cash equivalents as of April 2, 2026. Furthermore, Strive holds $50.5 million in Series A preferred stock (referred to as STRC), enhancing its investment profile and providing insights into its overall financial strategy. Investors are particularly interested in Strive’s approach to managing its treasury, which intertwines Bitcoin investments with cash reserves and equities.
Bitcoin Position and Cost Basis
Despite the growth in its Bitcoin position—now worth over $950 million at current market valuations—Strive’s average cost basis stands considerably higher at approximately $104,073 per coin. This translates to unrealized losses exceeding $500 million, yet the company remains undeterred in its accumulation strategy, opting to sustain its purchasing momentum rather than reduce activity.
Capital Structure and Future Plans
Strive’s capital structure includes options such as its SATA variable rate Series A perpetual preferred stock, providing a versatile means to fund future Bitcoin purchases. In conjunction with its efforts to strengthen its financial standing, Strive has made significant progress in deleveraging, having reduced its debt from the acquisition of Semler Scientific by 92%, leaving a remainder of $10 million, which it aims to eliminate by the end of April 2026.
Additionally, the company has raised the SATA dividend to 12.75%, further enhancing its capability to attract investment while continuing to grow its Bitcoin holdings. Alongside its Bitcoin strategy, Strive’s subsidiary is set to act as a sub-advisor for the forthcoming T-Strive Digital Credit ETF, anticipated to trade under the ticker DGCR. This fund aims to prioritize investments in the preferred shares of both Strategy and Strive, linking further financing capabilities to Bitcoin acquisitions.
Market Position
With the latest Bitcoin purchase, Strive is now recognized as the ninth largest corporate holder of Bitcoin worldwide. This positions the company amongst a select group of public corporations that are aggressively expanding their Bitcoin treasuries. In contrast, Strategy, led by Michael Saylor, remains the most prominent player with a staggering 766,970 BTC after its recent purchase of 4,871 BTC, underscoring the competitive landscape within this sector.
