In an initiation note, Benchmark said the company has "one of the most differentiated capital structures in the bitcoin treasury sector."

With Strategy breaking its accumulation streak and many peers stepping aside, the list of active digital asset treasuries has narrowed considerably.

Michael Saylor's Strategy Bitcoin (BTC USD) sale: Michael Saylor's publicly traded Strategy sells Bitcoin for the first time since 2022, raising $2.5 million to fund preferred…

Strive purchased 2,500 Bitcoin for approximately $185 million between May 23 and June 1, growing its BTC war chest to 19,000 BTC.

Strive added 2,500 BTC for $185.2 million, boosting its holdings to 19,000 BTC and cementing its position among the largest public corporate Bitcoin holders.

In an initiation note, Benchmark said the company has "one of the most differentiated capital structures in the bitcoin treasury sector."

Strive purchased 2,500 bitcoin, raising its holdings to 19,000 BTC, while also expanding cash reserves. The company is positioning itself for future

Benchmark-StoneX analysts grew bullish towards Strive after the Bitcoin-buying asset manager padded cash reserves while growing its stockpile.