Strive Expands Bitcoin Holdings to 16,500 BTC After New Purchase

Asset management company Strive has increased its Bitcoin holdings after purchasing 1,109 BTC over four days ending May 22. The company bought the coins at an average price of nearly $76,989 per Bitcoin, according to a recent filing.

The latest acquisition pushed Strive’s total Bitcoin holdings to 16,500 BTC, up from 15,391 BTC. With the increase, the company has become the seventh-largest publicly traded corporate holder of Bitcoin, highlighting continued institutional interest in the digital asset despite market volatility.

Strive Cash Position and Investment Holdings Grow

Alongside its Bitcoin expansion, Strive reported stronger liquidity. Cash and cash equivalents rose to $93.3 million from $87.3 million. The company also reported that its holdings in Strategy’s STRC preferred stock increased slightly in value to more than $50 million.

Strive Considers New Capital Raising Options

Strive said it is reviewing refreshed at-the-market programs linked to its Class A common stock and SATA preferred stock, potentially creating more flexibility for future fundraising and additional Bitcoin purchases.

Shares of ASST have climbed 133% over the last three months, although they remain significantly below their 2025 peak.