Strive acquires 1,110 bitcoin for $81.5 million, bringing total holdings to 21,356 BTC

Asset manager Strive acquired 1,110 bitcoin for $81.5 million between August 17 and August 21, 2026, at an average price of $73,409 per coin. The purchase increased Strive's total holdings by 5.5% to 21,356 BTC, valued at approximately $1.7 billion and ranking it as the seventh-largest public corporate bitcoin holder. To fund the acquisition, Strive issued 3.65 million common shares and over 441,000 SATA preferred shares, which limited its bitcoin-per-share growth to 1.4% due to dilution.

Strive bitcoin acquisition details

• ▪Strive acquired 1,110 bitcoin for approximately $81.5 million between August 17 and August 21, 2026, at an average price of $73,409 per coin, inclusive of fees and expenses.
• ▪The acquisition of 1,110 bitcoin increased Strive's total holdings by approximately 5.5% from 20,246 BTC to 21,356 BTC.
• ▪Strive completed an all-stock acquisition of Semler Scientific in January 2026, which added approximately 5,048 BTC to Strive's balance sheet.
• ▪Strive's cash and cash equivalents rose to $171.9 million as of August 21, 2026, up from $154.8 million as of August 14, 2026.
• ▪Prior to the August 17–21 purchase, Strive acquired 79 BTC between August 10 and August 14, 2026, for approximately $5 million at an average price of $63,231 per bitcoin.

Share issuance funding mechanism

• ▪Strive funded its bitcoin purchases by issuing 3,646,300 Class A common shares, raising its outstanding common shares to 79,890,888, and issuing 441,313 SATA preferred shares, raising the total to 8,270,815.
• ▪Strive, which was co-founded in 2022 by Vivek Ramaswamy and Anson Frericks, completed a reverse merger with Asset Entities in September 2025 to become a publicly traded asset manager.
• ▪Due to the issuance of new shares, Strive's bitcoin per fully diluted share rose by approximately 1.4% despite the 5.5% increase in total bitcoin holdings.

Corporate bitcoin treasury rankings

• ▪Strategy sold 18.26 million MSTR shares for approximately $2 billion between August 17 and August 23, 2026, allocating $300 million to its USD Reserve and $1.59 billion to a newly established USD Cash pool.
• ▪Strategy leads public corporate bitcoin holders with 840,447 BTC, followed by Twenty One Capital with 43,514 BTC, Metaplanet with 43,000 BTC, MARA with 35,577 BTC, and Bitcoin Standard Treasury Company with 30,021 BTC.
• ▪Strive ranks as the seventh-largest public company holding bitcoin globally, positioned behind Bullish and ahead of SpaceX.

Bitcoin price movements

• ▪Strive CEO Matt Cole stated on August 23, 2026, that he believes the bitcoin bear market is over, noting that bitcoin bottomed against gold in February 2026 and against the dollar in July 2026.
• ▪Bitcoin rose nearly 25% during the week ending August 21, 2026, closing Friday at $77,387, and was trading near $80,000 on Monday, August 24, 2026.