Strive Buys 1,110 Bitcoin, Treasury Reaches 21,356 BTC

Strive, Inc. purchased 1,110 bitcoin last week for approximately $81.5 million, significantly accelerating its acquisition pace and bringing its total treasury holdings to 21,356 coins. The Dallas-based asset manager disclosed the purchases in a filing with the U.S. Securities and Exchange Commission on Monday, August 24, 2026. The company's stock, trading on the Nasdaq under the ticker ASST, surged more than 11% following the announcement.

According to the filing, the purchases were made between August 17 and August 21 at an average price of about $73,409 per bitcoin, including fees and expenses. This latest buy represents a sharp increase in Strive's buying activity. The company had purchased 147 bitcoin between August 3 and 7 and another 79 bitcoin the following week. Last week's total exceeds those two rounds combined by a factor of five. The acceleration coincides with a rally in the price of bitcoin, which rose nearly 25% last week and was trading near $79,000 on Monday, well above Strive's average acquisition cost.

The purchase was funded through proceeds from at-the-market offerings of its ASST and SATA shares. Strive's cash and cash equivalents stood at $171.9 million...