Strive has bought 759 Bitcoin for roughly $50 million, recording its largest weekly acquisition in months and surpassing Strategy’s newest BTC buy.
Abstract
- Strive purchased 759 BTC for roughly $50 million, growing its holdings to 19,864 Bitcoin.
- The weekly buy exceeded Strategy’s 520 BTC acquisition, a uncommon lead over the most important company holder.
- Backed by its SATA most popular inventory program, Strive continues increasing its Bitcoin treasury towards a deliberate $4.2 billion deployment.
Based on a June 22 Kind 8-Okay filed with the U.S. Securities and Alternate Fee, the Dallas-based Bitcoin treasury firm acquired the cash between June 15 and June 21 at a mean worth of about $65,850 per Bitcoin, together with charges and bills. The transaction lifted Strive’s complete holdings to 19,864 BTC.
On the reported buy worth, the acquisition was price roughly $50 million. The shopping for spree represented a pointy improve from the corporate’s earlier two weekly disclosures, which confirmed purchases of simply 32 BTC and 73 BTC, respectively, totaling round $6.8 million.
Whereas Strategy stays the world’s largest company Bitcoin holder, Strive accrued extra BTC in the course of the newest reporting week. Strategy disclosed the acquisition of 520 Bitcoin over an analogous interval, making this one of many few events when a smaller treasury firm added extra Bitcoin than its bigger rival.
Strive has accelerated Bitcoin accumulation once more
Contemporary SEC filings additionally confirmed that Strive’s money and money equivalents elevated from $141.4 million to $144.5 million in the course of the reporting interval. On the identical time, the corporate’s Class A typical inventory rely expanded by roughly 1.9 million shares to 71.8 million, indicating continued capital elevating exercise by way of its at-the-market fairness program.
Elsewhere on the stability sheet, Strive maintained its place of 505,000 shares in Strategy’s Variable Charge Collection A Perpetual Stretch Most popular Inventory, often known as STRC. Based on the submitting, the truthful worth of these holdings edged decrease to roughly $44.7 million.
The most recent buy extends a speedy enlargement that started after Strive entered the general public Bitcoin treasury sector by way of its January 2026 merger with Semler Scientific. The transaction added 5,048 BTC to the corporate’s stability sheet at closing and offered the muse for its present accumulation technique.
Since then, Strive has steadily elevated its Bitcoin reserves. The corporate crossed the 15,000 BTC threshold in early Could and later disclosed a roughly $185 million deployment in early June that added about 2,500 Bitcoin in a single week, one of many largest acquisitions since turning into a public firm.
SATA funding mannequin continues to help purchases
A good portion of Strive’s shopping for exercise has been funded by way of its Variable Charge Collection A Perpetual Most popular Inventory program, often known as SATA. The popular shares at present supply a Bitcoin-linked dividend structured at an annualized price of 13%, calculated every day.
Based on firm disclosures, capital raised by way of SATA and different at-the-market packages is directed towards extra Bitcoin purchases. Strive Administration has beforehand described Bitcoin because the benchmark in opposition to which it evaluates capital allocation selections relatively than merely a reserve asset held on the stability sheet.
Based mostly on Bitcoin (BTC) costs close to $64,000, Strive’s treasury of 19,864 BTC is at present valued at roughly $1.27 billion. Firm filings point out that its common acquisition value stays above prevailing market costs, a place it shares with Strategy, which holds 847,363 BTC and stays the most important company Bitcoin holder globally.
With a beforehand introduced $4.2 billion capital deployment plan nonetheless in place, latest filings recommend Strive continues to increase its Bitcoin place because the second half of 2026 approaches.
