Strive becomes fifth-largest corporate Bitcoin holder after 1,800 BTC purchase

Strive has become the fifth-largest publicly traded corporate holder of Bitcoin after acquiring 1,800 BTC for approximately $143 million, pushing its total holdings to 23,156 BTC. The purchase, announced by CEO Matt Cole on August 31, 2026, allows the Dallas-based asset manager to surpass Bullish, which holds 22,000 BTC. The acquisition was funded through at-the-market sales of Strive's common stock (ASST) and its preferred shares (SATA). The company's cash position rose to $171.9 million following a $17.1 million gain from these sales during the week of August 17 to 21. This latest purchase follows an $81.5 million acquisition of 1,110 BTC the previous week, demonstrating an accelerated buying pace. Strive's rise up the corporate Bitcoin leaderboard comes despite a challenging financial quarter. The company reported a net loss of $257.6 million for the quarter ended June 30, a figure disclosed on August 10. According to an SEC filing, approximately 94% of that loss was attributed to the declining fair market value of its Bitcoin holdings and its stake in Strategy's preferred shares, not to operational performance.