Strive Adds 382 Bitcoin, Raises Treasury to 15,391 BTC

Paxful


Set as Google Preferred SourceFollow on Google News

TLDR

  • Strive bought 382 Bitcoin for about $30.3 million between May 13 and May 18.
  • The purchase raised Strive’s total Bitcoin holdings to 15,391 BTC.
  • The company reported a year-to-date Bitcoin Yield of 18.4%.
  • Strive said it held $87.3 million in cash and $49.8 million in STRC preferred stock.
  • The latest filing places Strive as the ninth-largest public corporate Bitcoin holder.

Strive has expanded its Bitcoin treasury again after acquiring 382 Bitcoin for about $30.3 million between May 13 and May 18, according to details disclosed in a May 19 filing. The company said the purchase was made at an average price of $79,348 per Bitcoin, bringing its total holdings to 15,391 BTC.

At current market levels cited in the company update, Strive’s Bitcoin position is valued at about $1.2 billion. The purchase adds to a series of treasury moves that have increased the company’s exposure to Bitcoin through repeated acquisitions this year. The latest filing places Strive among the largest publicly disclosed corporate Bitcoin holders.

The company reported that its year-to-date Bitcoin Yield stood at 18.4%. It also disclosed an amplification ratio of 44.3%, a measure it uses to show Bitcoin exposure relative to its market value through its preferred stock structure. As of the same filing, Strive said it held $87.3 million in cash and a $49.8 million position in Strategy’s STRC preferred stock.

Strive Bitcoin Holdings Continue to Rise

The new purchase follows other Bitcoin acquisitions completed earlier this year. Based on the information provided, Strive has added more than 2,200 Bitcoin to its treasury since January 2026. Earlier this month, the company had already moved past the 15,000 Bitcoin mark after another purchase valued at $33.9 million.

Strive has funded much of its Bitcoin accumulation through issuances of its Variable Rate Series A Perpetual Preferred Stock, known as SATA. The company has said this approach allows it to raise capital for Bitcoin purchases without adding traditional debt to its balance sheet. That structure has become central to Strive’s treasury model as it continues to build its position in the digital asset.

In a related statement issued earlier this month, Chairman and Chief Executive Officer Matthew Cole said SATA is expected to begin daily cash dividend payments on June 16 at a 13% annualized rate. The company described the security as the first listed product in U.S. capital markets designed to pay cash dividends every business day.

Strive’s treasury strategy places Bitcoin accumulation at the center of its corporate model. Rather than treating Bitcoin as a passive reserve asset, the company has continued to raise capital and deploy it into larger holdings over time. The firm has also pointed investors to Bitcoin-per-share growth as a key measure of performance.


Zuna


Position in Corporate Bitcoin Rankings

With 15,391 Bitcoin, Strive now ranks as the ninth-largest publicly disclosed corporate Bitcoin holder, according to the figures provided in the source material. That places the company between Hut 8 and Riot Platforms in the public treasury standings. The gap between Strive and Hut 8 was described as roughly 300 Bitcoin.

The broader corporate treasury race remains led by Strategy, which was listed with 843,738 Bitcoin. Strive’s approach has drawn comparisons with that model because both companies use capital market tools to increase Bitcoin holdings rather than relying only on balance-sheet cash. In Strive’s case, preferred stock offerings have served as the main funding route for expansion.

The company’s latest filing also offers insight into how it is balancing liquidity and market exposure. Alongside its Bitcoin holdings, Strive reported cash reserves and an investment in Strategy’s STRC preferred stock. Those positions show that the company is maintaining other financial assets while still directing most public attention toward the growth of its Bitcoin treasury.

Funding Model and Market Strategy

Strive’s recent buying pattern reflects a long-term accumulation strategy rather than short-term trading. Earlier purchases cited in the source material included 444 Bitcoin bought for about $33.9 million and 789 Bitcoin acquired for just over $61 million. Each purchase added to a treasury plan built around repeated market entries rather than a single large allocation.

The company has described itself as a publicly traded asset management business with a treasury model centered on Bitcoin. Founded in 2022 by Vivek Ramaswamy, Strive operates exchange-traded funds, investment trusts and other investment products. Its Bitcoin strategy has become one of the main areas followed by market participants tracking public companies with digital asset exposure.



Source link

Binance

Be the first to comment

Leave a Reply

Your email address will not be published.


*