Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 32 bitcoin between June 2 and June 7, 2026, at an average cost of approximately $63,911 per coin — inclusive of fees and expenses — for a total outlay of roughly $2.1 million, according to a Form 8-K filed with the U.S. Securities and Exchange Commission.
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 string of transactions over recent months.
Ironically, Strive purchased exactly 32 bitcoin this week — the same number Strategy offloaded two weeks ago in its first bitcoin sale in years.
The acquisition comes at a price well below Strive’s most recent large-scale purchase. The company had acquired 2,500 bitcoin between May 23 and June 1 at an average price of $74,092 per coin — a $185.2 million transaction funded almost entirely through proceeds from its Variable Rate Series A Perpetual Preferred Stock, known by its Nasdaq ticker SATA.
The latest buy at $63,911 per coin represents a roughly 14% reduction in cost basis relative to that prior round, reflecting softness in bitcoin’s spot price during the reporting window.
Strive’s balance sheet growth
Beyond the bitcoin transaction, Strive’s 8-K revealed a modest uptick in cash and cash equivalents, from approximately $137.3 million as of June 1 to approximately $139.2 million as of June 5 — a $1.9 million increase.
The fair value of the company’s position in Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock, traded under the ticker STRC, moved in the opposite direction, declining from roughly $49.5 million to $47.2 million over the same period, though the number of STRC shares held remained unchanged at 505,000.
Class A common stock shares outstanding rose from 69,089,145 to 69,410,645 — an increase of 321,500 shares — while Class B common stock and SATA preferred shares held steady at 9,780,018 and 7,513,907 shares, respectively. The uptick in Class A shares reflects continued activity under the company’s at-the-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 corporate bitcoin holders globally, a standing it has reinforced through consistent filings and balance sheet disclosures throughout the spring.
In late May, CEO Matt Cole announced plans to increase both the ASST and SATA at-the-market programs by $2.1 billion each, a move framed as a response to sustained demand for the company’s listed securities.
Shares of Strive (ASST) were up 7% in premarket trading.