Strive (ASST) purchased another 73 Bitcoin for about $4.7 million last week, increasing its total Bitcoin treasury to 19,105 BTC as the company continued its steady accumulation strategy during a broader recovery in Bitcoin prices.
The Dallas-based Bitcoin treasury company disclosed the purchase in a Form 8-K filing with the U.S. Securities and Exchange Commission. Strive bought the Bitcoin between June 8 and June 14 at an average cost of approximately $63,646 per BTC.
ASST stock traded at $17.20, rising more than 14.03%, as investors reacted to the company’s latest Bitcoin purchase and the rebound in the broader digital asset market. Bitcoin moved above $66,000 after recovering from recent weakness, helped by improving risk sentiment tied to easing U.S.-Iran tensions.
The latest purchase increased Strive’s Bitcoin holdings from 19,032 BTC to 19,105 BTC. Chairman and Chief Executive Matt Cole confirmed the transaction on X, stating that Strive acquired an additional 73 BTC for about $4.7 million at an average cost of roughly $63,646 per Bitcoin.
The purchase was smaller than Strive’s earlier June acquisition of 2,500 BTC for about $185.2 million. That larger purchase was completed at a median price of about $74,092 per Bitcoin, meaning the most recent acquisition was made at a lower average cost.
Strive also reported that cash and cash equivalents rose to $141.4 million as of June 12, up from $139.2 million on June 5. The company continued to hold 505,000 shares of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, with fair value increasing from $47.2 million to $47.9 million over the same period.
The filing showed that Strive’s Class A common stock count increased by approximately 483,400 shares to 69,894,045, reflecting issuance through its at-the-market equity program. Class B common stock and SATA preferred shares remained unchanged.
Strive plans to move SATA’s 13% annual dividend from a monthly schedule to a daily business-day payment schedule beginning June 16. The company has said the change is designed to improve liquidity and attract capital that may support future Bitcoin purchases.
SATA, Strive’s Variable Rate Series A Perpetual Preferred Stock, remains a core part of the company’s capital structure. Cole previously said Strive planned to expand its ASST and SATA at-the-market programs by adding $2.1 billion of capacity to each, creating up to $4.2 billion in combined fundraising capacity if fully used.
The company entered the public Bitcoin treasury market through its merger with Semler Scientific, which closed in January 2026. That transaction brought Semler’s Bitcoin holdings onto Strive’s balance sheet and gave the combined company 12,797.9 BTC at closing.
Since then, Strive has continued to add Bitcoin through several purchases. The company crossed the 15,000 BTC level in May and later moved above 19,000 BTC after its 2,500 BTC purchase at the start of June.
Strive’s update came as Bitcoin recovered above $67,000, reaching its highest level in about two weeks. The move followed improved market sentiment after reports of a U.S.-Iran peace deal and expectations that the Strait of Hormuz would reopen.
The recovery in Bitcoin supported broader crypto market gains, with total digital asset market capitalization moving above $2.3 trillion. Bitcoin was up about 3.5% at roughly $66,583 around the time of the update.
Other Bitcoin treasury companies also continued adding to their reserves. Strategy disclosed that it bought 1,587 BTC between June 8 and June 14 for about $100 million at an average price of $63,024 per Bitcoin, lifting its total holdings to 846,842 BTC.
Cole has said Strive’s annual targets are to increase Bitcoin per common share before senior claims and pay all obligations on time, including interest connected to SATA. He has argued that a well-executed amplified Bitcoin strategy can outperform Bitcoin over the long run when growth and risk metrics are both reviewed.
