Strive Inc. acquired an additional 1,110 bitcoin between August 17 and August 21, spending approximately $81.5 million at an average price of $73,409 per coin including fees and expenses. The transaction raised the company’s total bitcoin holdings to 21,356 BTC from 20,246 BTC, according to a filing submitted to the U.S. Securities and Exchange Commission.

At prices near $79,000 on the day of the disclosure, the newly purchased coins carried a market value of roughly $88 million, exceeding the acquisition cost. Strive’s overall bitcoin treasury stood near $1.7 billion on the same basis. The firm now ranks as the seventh-largest publicly traded corporate bitcoin holder.

Funding and Balance-Sheet Changes

Cash and cash equivalents increased to $171.9 million from $154.8 million over the reporting period, even as the company deployed capital into bitcoin. The rise indicates continued capital inflows alongside the purchases.

Class A common shares outstanding grew by about 3.65 million to 79.89 million. SATA preferred shares rose by roughly 441,000. Strive funds its bitcoin strategy primarily through at-the-market offerings of common equity and its variable-rate perpetual preferred stock. The company also holds 505,000 shares of Strategy’s STRC preferred stock, valued at approximately $48.6 million as of August 21.

Strive operates an asset-management business that oversees nearly $3 billion across exchange-traded funds and direct-indexing platforms. Fee income from these activities helps offset costs associated with preferred-stock issuance.

Share Performance and Preferred Stock

Shares of Strive, trading under the ticker ASST, advanced more than 7 percent and in some sessions exceeded 11 percent following the announcement. The stock had closed the prior Friday at $18.22 after a nearly 13 percent gain that day.

SATA preferred shares closed at $100.01 on Friday, returning to the company’s targeted trading range of $99 to $101. Strive had narrowed the target band earlier in the year and stated it would not issue additional SATA shares below $100 through at-the-market or follow-on offerings. The preferred stock carries a variable dividend rate, currently set at an annualized 13 percent with daily payments.

Acceleration in Purchases

The latest acquisition marked Strive’s largest single-week bitcoin purchase in months. Earlier in August the company bought 147 bitcoin at an average of just over $64,800 and another 79 bitcoin at $63,231. Last week’s volume exceeded the combined total of those two prior rounds.

In January 2026 Strive completed an all-stock acquisition of Semler Scientific that added approximately 5,048 bitcoin to its balance sheet in a single transaction. The firm has steadily expanded its holdings through a combination of open-market purchases and strategic deals since pivoting toward a bitcoin treasury strategy after a reverse merger in 2025.

Market Context

Bitcoin traded near $79,000 to $80,000 around the time of the disclosure after rising nearly 25 percent the prior week. Strive’s average purchase price of $73,409 sat roughly 8 percent below the prevailing spot level on the announcement day.

The company tracks bitcoin held per diluted share as a key internal metric. Growth in the share count means future accumulation must outpace dilution if per-share exposure is to increase. Strive continues to raise capital through equity and preferred offerings while maintaining cash reserves that support both operations and potential additional purchases.

Strategy, the largest public corporate bitcoin holder, reported no purchases for the week ended August 23 and instead focused on building dollar reserves. Strive’s latest buy therefore stood out among the group of public companies pursuing bitcoin treasury strategies.