Strive buys 32 Bitcoin for $63,900 on average, bringing total holdings to 19,032 BTC

Micah Zimmerman

Strive, Inc. (Nasdaq: ASST ) disclosed Monday that it bought 32 bitcoins between June 2 and June 7, 2026, at an average price of approximately $63,911 per bitcoin. coin – including fees and expenses – for a total outlay of about $2.1 million, according to a Form 8-K filed with the US Securities and Exchange Commission Securities.

The purchase brings Strive’s total bitcoin holdings from 19,000 BTC to 19,032 BTC, a position the Dallas-based company reached after a series of transactions in recent months.

Ironically, Strive bought exactly 32 bitcoin this week — the same number Strategy unloaded two weeks ago in its first bitcoin sale in years.

The acquisition comes at a price well below Strive’s latest large-scale purchase. The company had acquired 2,500 bitcoins between May 23 and June 1 at an average price of $74,092 per coin — a $185.2 million transaction financed almost entirely through proceeds from its Variable Rate Series A Perpetual Preferred Stock, known by its Nasdaq ticker SATA.

The most recent purchase at $63,911 per coin represents a reduction of approx. 14% in the cost basis over the previous round, reflecting the softness in bitcoin’s spot price in the reporting window.

Strive for balanced growth

In addition to the bitcoin transaction, Strive’s 8-K revealed a modest increase in cash and cash equivalents, from approximately $137.3 million per June 1 at approximately $139.2 million per June 5 – an increase of $1.9 million.

The fair value of the company’s position in Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock, trading under the ticker STRC, moved in the opposite direction, falling from about $49.5 million to $47.2 million during the same period, although the number of STRC shares remained unchanged at 005.05.

Class A shares outstanding increased from 69,089,145 to 69,410,645 – an increase of 321,500 shares – while Class B common shares and SATA preferred shares were flat at 9,780,018 and 7,513,907 shares, respectively. The rise in Class A shares reflects continued activity under the company’s on-market equity program, which Strive has used to fund bitcoin purchases throughout 2026.

Strive has positioned itself as one of the more active corporate bitcoin accumulators among publicly traded companies. As of early June 2026, the company ranked seventh among public company bitcoin holders globally, a status it has strengthened through consistent filings and balance sheet information throughout the spring.

In late May, CEO Matt Cole announced plans to increase both the ASST and SATA market programs by $2.1 billion each, a move framed as a response to continued demand for the company’s publicly traded securities.

Shares of Strive (ASST) rose 7% in premarket trading.

Leave a Reply

Your email address will not be published. Required fields are marked *