{"id":46091,"date":"2026-06-22T13:21:27","date_gmt":"2026-06-22T13:21:27","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=46091"},"modified":"2026-06-22T13:21:27","modified_gmt":"2026-06-22T13:21:27","slug":"strive-asst-buys-759-bitcoin-for-50-million-treasury-reaches-19864-btc","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=46091","title":{"rendered":"Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC"},"content":{"rendered":"<p><a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><br \/>\n<img decoding=\"async\" src=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/05\/Strive-ASST-Buys-1109-Bitcoin-Lifts-Holdings-to-16500-BTC.jpg\" \/><br \/>\n<a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/news\/strive-asst-buys-759-bitcoin-for-50-mil\">Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 759 bitcoin between June 15 and June 21 at an average cost of approximately $65,850 per coin, inclusive of fees and expenses, bringing its total bitcoin holdings to 19,864 BTC.<\/p>\n<p class=\"wp-block-paragraph\">The Dallas-based bitcoin treasury company <a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/0001920406\/000162828026044484\/asst-20260622.htm\" target=\"_blank\" rel=\"noopener\">filed<\/a> a Form 8-K with the Securities and Exchange Commission on June 22, 2026, confirming the transaction. At the stated average price, the purchase carries a total cost of roughly $50 million \u2014 the company\u2019s largest single-week acquisition in recent months and a meaningful step up from the smaller tranches it deployed in the two weeks prior.<\/p>\n<p class=\"wp-block-paragraph\">In the preceding two weeks, Strive had <a href=\"https:\/\/bitcoinmagazine.com\/news\/strive-asst-acquires-73-bitcoin\">purchased just 32 BTC and then 73 BTC<\/a> in back-to-back weekly disclosures, for a combined $6.8 million. The jump to 759 coins signals a return to the heavier accumulation pace the company ran earlier in Q2.<\/p>\n<p class=\"wp-block-paragraph\">Strive\u2019s 759 BTC purchase last week <a href=\"https:\/\/bitcoinmagazine.com\/news\/michael-saylors-strategy-buys-520-bitcoin\">outpaced<\/a> Strategy\u2019s 520 BTC buy \u2014 a rare week in which the smaller treasury company out-accumulated the world\u2019s largest corporate bitcoin holder.<\/p>\n<p class=\"wp-block-paragraph\">Alongside the bitcoin purchase, Strive\u2019s cash and cash equivalents rose from $141.4 million to $144.5 million over the reporting period, reflecting continued capital raises through its at-the-market equity program. Class A common stock share count increased by approximately 1.9 million shares to 71.8 million.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The company\u2019s holdings of Strategy\u2019s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) remained flat at 505,000 shares, with fair value ticking down slightly to $44.7 million.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Strive\u2019s pure-bitcoin play<\/strong><\/h2>\n<p class=\"wp-block-paragraph\">Strive entered the public bitcoin treasury space through its January 2026 <a href=\"https:\/\/investors.strive.com\/news-events\/news-releases\/news-details\/2026\/Strive-Announces-the-Completion-of-Semler-Scientific-Acquisition\/default.aspx\" target=\"_blank\" rel=\"noopener\">merger<\/a> with Semler Scientific (Nasdaq: SMLR), a deal that brought 5,048 BTC onto Strive\u2019s balance sheet at close. The company has moved fast since then. By early May it had crossed 15,000 BTC, and in <a href=\"https:\/\/bitcoinmagazine.com\/news\/strive-asst-adds-185-million-in-bitcoin\">early June it deployed<\/a> roughly $185 million to acquire approximately 2,500 coins in a single week \u2014 one of the largest purchases in its short history as a public company.<\/p>\n<p class=\"wp-block-paragraph\">The engine behind that accumulation is <a href=\"https:\/\/bitcoinmagazine.com\/news\/strive-bitcoin-backed-dividend-preferred\">Strive\u2019s SATA preferred stock program<\/a>, its Variable Rate Series A Perpetual Preferred Stock. SATA pays a bitcoin-linked dividend \u2014 currently structured at 13% APR on a daily basis \u2014 and has attracted capital that Strive deploys into BTC through its at-the-market programs.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The model mirrors elements of Strategy\u2019s capital structure, but Strive\u2019s management has framed bitcoin not just as a treasury reserve but as the benchmark against which all capital allocation decisions are measured.<\/p>\n<p class=\"wp-block-paragraph\">At current prices near $64,200 per coin, Strive\u2019s 19,864 BTC carries a market value of approximately $1.27 billion.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The company\u2019s average acquisition cost across its full treasury position sits above current prices \u2014 a gap it shares with Strategy, the largest corporate bitcoin holder globally at 847,363 BTC.<\/p>\n<p class=\"wp-block-paragraph\">Strive now ranks among the top ten public corporate holders of bitcoin worldwide. With an eye on the $4.2 billion war chest it outlined earlier this year, the company shows no sign of slowing its pace of accumulation heading into the second half of 2026.<\/p>\n<p>This post <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/news\/strive-asst-buys-759-bitcoin-for-50-mil\">Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC<\/a> first appeared on <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a rel=\"nofollow\" href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 759 bitcoin between June 15 and June 21 at an average cost of approximately $65,850 per coin, inclusive of fees and expenses, bringing its total bitcoin holdings to 19,864 BTC. The Dallas-based [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":46092,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-46091","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=46091\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Bitcoin Magazine Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 759 bitcoin between June 15 and June 21 at an average cost of approximately $65,850 per coin, inclusive of fees and expenses, bringing its total bitcoin holdings to 19,864 BTC. 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(Nasdaq: ASST) disclosed Monday that it purchased 759 bitcoin between June 15 and June 21 at an average cost of approximately $65,850 per coin, inclusive of fees and expenses, bringing its total bitcoin holdings to 19,864 BTC. The Dallas-based [&hellip;]","og_url":"https:\/\/cryptomag.finance\/?p=46091","og_site_name":"Cryptomag","article_published_time":"2026-06-22T13:21:27+00:00","og_image":[{"url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/05\/Strive-ASST-Buys-1109-Bitcoin-Lifts-Holdings-to-16500-BTC.jpg","type":"","width":"","height":""}],"author":"Crypto Magazine","twitter_card":"summary_large_image","twitter_creator":"@cryptomagz","twitter_site":"@cryptomagz","twitter_misc":{"Written by":"Crypto Magazine","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptomag.finance\/?p=46091#article","isPartOf":{"@id":"https:\/\/cryptomag.finance\/?p=46091"},"author":{"name":"Crypto Magazine","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"headline":"Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC","datePublished":"2026-06-22T13:21:27+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=46091"},"wordCount":514,"image":{"@id":"https:\/\/cryptomag.finance\/?p=46091#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/Strive-ASST-Buys-1109-Bitcoin-Lifts-Holdings-to-16500-BTC-HBEENx.jpg","articleSection":["Bitcoin"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cryptomag.finance\/?p=46091","url":"https:\/\/cryptomag.finance\/?p=46091","name":"Strive (ASST) Buys 759 Bitcoin for $50 Million, Treasury Reaches 19,864 BTC - 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