Strive has purchased 759 Bitcoin for roughly $50 million, recording its largest weekly acquisition in months and surpassing Strategy\u2019s latest BTC purchase.<\/p>\n
\n Summary<\/span>\n <\/p>\n <\/p>\n According to a June 22 Form 8-K filed<\/a> with the U.S. Securities and Exchange Commission, the Dallas-based Bitcoin treasury company acquired the coins between June 15 and June 21 at an average price of about $65,850 per Bitcoin, including fees and expenses. The transaction lifted Strive\u2019s total holdings to 19,864 BTC.<\/p>\n At the reported purchase price, the acquisition was worth approximately $50 million. The buying spree represented a sharp increase from the company\u2019s previous two weekly disclosures, which showed purchases of just 32 BTC<\/a> and 73 BTC, respectively, totaling around $6.8 million.<\/p>\n While Strategy remains the world\u2019s largest corporate Bitcoin holder, Strive accumulated more BTC during the latest reporting week. Strategy disclosed<\/a> the purchase of 520 Bitcoin over a similar period, making this one of the few occasions when a smaller treasury company added more Bitcoin than its larger rival.<\/p>\n <\/p>\n Fresh SEC filings also showed that Strive\u2019s cash and cash equivalents increased from $141.4 million to $144.5 million during the reporting period. At the same time, the company\u2019s Class A common stock count expanded by roughly 1.9 million shares to 71.8 million, indicating continued capital raising activity through its at-the-market equity program.<\/p>\n Elsewhere on the balance sheet, Strive maintained its position of 505,000 shares in Strategy\u2019s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC. According to the filing, the fair value of those holdings edged lower to approximately $44.7 million.<\/p>\n The latest purchase extends a rapid expansion that began after Strive entered the public Bitcoin treasury sector through its January 2026 merger<\/a> with Semler Scientific. The transaction added 5,048 BTC to the company\u2019s balance sheet at closing and provided the foundation for its current accumulation strategy.<\/p>\n Since then, Strive has steadily increased its Bitcoin reserves. The company crossed<\/a> the 15,000 BTC threshold in early May and later disclosed a roughly $185 million deployment in early June that added about 2,500 Bitcoin<\/a> in a single week, one of the largest acquisitions since becoming a public company.<\/p>\n A significant portion of Strive\u2019s buying activity has been funded through its Variable Rate Series A Perpetual Preferred Stock program, known as SATA<\/a>. The preferred shares currently offer a Bitcoin-linked dividend structured at an annualized rate of 13%, calculated daily.<\/p>\n According to company disclosures, capital raised through SATA and other at-the-market programs is directed toward additional Bitcoin purchases. Strive Management has previously described Bitcoin as the benchmark against which it evaluates capital allocation decisions rather than simply a reserve asset held on the balance sheet.<\/p>\n Based on Bitcoin (BTC<\/a>) prices near $64,000, Strive\u2019s treasury of 19,864 BTC is currently valued at roughly $1.27 billion. Company filings indicate that its average acquisition cost remains above prevailing market prices, a position it shares with Strategy, which holds 847,363 BTC and remains the largest corporate Bitcoin holder globally.<\/p>\n\n
Strive has accelerated Bitcoin accumulation again<\/h2>\n
SATA funding model continues to support purchases<\/h2>\n
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