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Strive Asset Management has raced from zero to 14,557 BTC in months, becoming the 9th\u2011largest public Bitcoin treasury and turning its balance sheet into a levered bet on BTC.<\/p>\n
\n Summary<\/span>\n <\/p>\n <\/p>\n Strive Asset Management has added another 789 BTC to its balance sheet, lifting its total holdings to 14,557 BTC and pushing it into 9th place among public Bitcoin<\/a> treasury companies, according to data highlighted by Cointelegraph and BTCtreasuries. The Nasdaq\u2011listed asset manager, which describes itself as \u201ca Bitcoin treasury asset management firm,\u201d now sits in the same league as miners and software firms that have spent years converting their treasuries into digital assets.<\/p>\n <\/p>\n Strive<\/a>\u2019s rise into the top tier of corporate holders has been rapid. In January, the company disclosed it had acquired 333.89 BTC at an average price of about $89,851, bringing its stash to 13,131.82 BTC after financing a $225 million preferred equity raise and using proceeds to pay down debt tied to its acquisition of medical\u2011tech firm Semler Scientific.<\/p>\n \u201cStrive also announced it has acquired 333.89 bitcoin at an average price of $89,851 and now holds 13,131.82 bitcoin,\u201d the firm said in a January update, adding that this made it \u201cthe tenth largest public corporate holder of bitcoin globally.\u201d Subsequent purchases \u2014 including a 113 BTC buy at an average price of about $68,584 and further acquisitions tracked by CryptoRank and Bitcoin Magazine \u2014 have lifted Strive\u2019s holdings to 14,557 BTC, vaulting it to 9th place in the latest treasuries tables. BitcoinTreasuries data show public companies collectively hold more than 1.18 million BTC, with Strategy, Twenty One Capital and several miners still ahead of Strive on absolute balances.<\/p>\n Unlike pure\u2011play crypto firms, Strive positions itself as an asset manager whose \u201churdle rate\u201d for shareholder value is measured in BTC per share, effectively treating Bitcoin as both reserve asset and performance benchmark. A recent Intellectia.ai note described Strive as \u201cthe first publicly traded Bitcoin treasury asset management firm,\u201d highlighting that with roughly $143.4 million in cash and equivalents plus digital assets, the company can cover \u201cover 19 years of SATA interest payments,\u201d giving it room to keep accumulating.<\/p>\n\n\n
From zero BTC to a top\u201110 treasury in months<\/h2>\n
Chief investment officer Ben Werkman underscored the pace of the pivot, saying that \u201cin just over four months, Strive has scaled from zero bitcoin to become a top\u201110 publicly traded holder,\u201d while emphasizing that long\u2011duration preferred equity better matches \u201clong\u2011duration bitcoin exposure\u201d than traditional debt.<\/p>\nCorporate treasury strategy debate heats up<\/h2>\n