Strive Adds 2,500 Bitcoin, Tops 19,000 BTC Just After Strategy Sells
Strive (ASST) scooped up 2,500 bitcoin for roughly $185.2 million at an average price of $74,092 per coin, according to an 8-K filing. That's a cooler entry than the company's last disclosed buy of 1,109 BTC at $76,989 on May 22, suggesting Strive caught the dip that dragged bitcoin from above $74,000 last week to around $70,800 by Tuesday morning, per CoinDesk data. The firm reported a quarter-to-date BTC yield of 23.0% and year-to-date yield of 36.7%, with an amplification ratio of 57.0%. Strive also said it bulked up cash reserves to keep an 18-month dividend reserve intact.
Strive acquired an additional 2,500 $BTC for ~$185.2M at an average cost of ~$74,092 per bitcoin. STRIVE SNAPSHOT Bitcoin holdings: 19,000 QTD $BTC Yield: 23.0% YTD $BTC Yield: 36.7% Amplification ratio: 57.0% Cash was increased to maintain 18-month dividend reserve. $ASST $SATA pic.twitter.com/eTPHmMHBh1 — Matt Cole (@ColeMacro) June 2, 2026
The purchase brings Strive's total stack to 19,000 BTC, data shows, locking in its spot in the top 10 of publicly traded corporate holders. The filing lands a day after peer and largest corporate bitcoin holder Strategy (MSTR) disclosed its first publicized sale of 32 bitcoin for $2.5 million at an average price of $77,135 on Monday, which helped spark a selloff in BTC and the broader crypto market since. Meanwhile, Benchmark analyst Mark Palmer kicked off coverage on Strive with a Buy rating and a $32 price target on Tuesday, implying roughly 93% upside even after the company's Class A shares slid 3.59% to $16.58 in pre-market trading.
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