The acquisition was completed at an average price of around $65,850 per Bitcoin, and was the company's largest weekly purchase in several months. Strive also reported an increase in cash and cash equivalents to $144.5 million and expanded its outstanding Class A shares to 71.8 million.
Strive Adds 759 Bitcoin
Strive accelerated its Bitcoin accumulation strategy after purchasing 759 BTC for approximately $50 million between June 15 and June 21. According to a recent filing with the US Securities and Exchange Commission, the Dallas-based Bitcoin treasury company bought the coins at an average price of roughly $65,850 per Bitcoin, including fees and related expenses. The latest purchase increased Strive’s total Bitcoin holdings to 19,864 BTC.
The acquisition is Strive’s largest weekly Bitcoin purchase in several months. In the previous two reporting periods, the company acquired only 32 BTC and 73 BTC respectively, with those purchases totaling approximately $6.8 million.
While Strategy is still the largest corporate holder of Bitcoin globally, Strive managed to outpace its larger rival in terms of weekly accumulation. During the same reporting period, Strategy disclosed the purchase of 520 BTC, which makes this one of the rare occasions where a smaller Bitcoin treasury company acquired more Bitcoin than the industry leader.
The company’s latest SEC filing also revealed improvements in its overall financial position. Strive’s cash and cash equivalents increased from $141.4 million to $144.5 million during the reporting period. In addition to this, the number of Class A common shares outstanding grew by approximately 1.9 million to reach 71.8 million shares.
Beyond its direct Bitcoin holdings, Strive also maintained exposure to Strategy through ownership of 505,000 shares of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC. The fair value of this investment declined slightly during the reporting period to approximately $44.7 million.
Strive entered the public Bitcoin treasury market through its merger with Semler Scientific in January of 2026. That transaction contributed 5,048 BTC to the company’s balance sheet and laid the foundation for its treasury-focused business model. Since then, Strive has steadily expanded its Bitcoin reserves, which surpassed 15,000 BTC in early May.
With close to 20,000 Bitcoin now on its balance sheet, the company is turning itself into one of the fastest-growing corporate Bitcoin holders in the market.
