Strive adds 2,500 bitcoin last week to reach 19,000 BTC as Strategy soldBenchmark's Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.Updated Jun 2, 2026, 1:07 p.m. Published Jun 2, 2026, 12:23 p.m. 2 min readMake preferred on What to know: Strive acquired 2,500 bitcoin for about $185.2 million at an average price of $74,092 per coin, bringing its total holdings to 19,000 BTC.The purchase, made amid a pullback in bitcoin’s price, follows Strive’s earlier buy at a higher average cost and comes as it reports a quarter-to-date BTC yield of 23.0 percent and a year-to-date yield of 36.7 percent.Benchmark also initiated coverage of Strive with a Buy rating and a $32 price target, implying roughly 93 percent upside from the company’s recent Class A share price despite a pre-market decline.Strive Asset Management (ASST) has acquired 2,500 bitcoin for roughly $185.2 million at an average price of $74,092 per coin, between May 23 and June 1, the company reported in an 8-K filing released Tuesday. The new purchase was at a lower average price than Strive's last disclosed acquisition of 1,109 BTC at $76,989 on May 22, suggesting the company bought into the dip that has taken bitcoin from above $74,000 last week to roughly $70,800 by Tuesday morning, per CoinDesk data.Strive disclosed its quarter-to-date BTC yield at 23.0% and year-to-date yield at 36.7%, metrics that measure growth in bitcoin holdings on a per-share basis after accounting for dilution from new share issuance. The company also reported an amplification ratio of 57.0%, indicating shareholders' bitcoin exposure grew faster than bitcoin's underlying price appreciation. The company said it also raised cash reserves to maintain an 18-month dividend reserve.Strive acquired an additional 2,500 $BTC for ~$185.2M at an average cost of ~$74,092 per bitcoin.STRIVE SNAPSHOTBitcoin holdings: 19,000QTD BTC Yield: 23.0%YTD BTC Yield: 36.7%Amplification ratio: 57.0%Cash was increased to maintain 18-month dividend reserve.$ASST $SATA pic.twitter.com/eTPHmMHBh1— Matt Cole (@ColeMacro) June 2, 2026