Strive, Inc. has been on a Bitcoin shopping spree that would make even Michael Saylor raise an eyebrow. The firm’s holdings jumped from 15,391 BTC on May 18 to 19,032 BTC by June 8, a 30.5% increase in roughly three weeks.
How Strive is funding the buying binge
The most eye-catching single transaction was a 2,500 BTC purchase valued at roughly $185 million during the May-June window. That’s not pocket change for a company that only became the first publicly traded asset management Bitcoin treasury firm after completing its merger with Asset Entities in May 2025.
Funding this kind of aggressive accumulation requires creative capital markets work. Strive raised $225 million in January 2026 through its SATA preferred stock issuance, earmarking proceeds for Bitcoin acquisitions and debt reduction. The preferred equity approach is deliberate: it lets the company raise significant capital without hammering common shareholders with dilution.
The acquisition costs tell an interesting story about discipline amid volatility. Strive’s average purchase price for Bitcoin has ranged between $63,900 and $79,350 across its various tranches. A smaller purchase between June 2 and June 7 saw the firm pick up 32 BTC at an average of approximately $63,911 per coin.
