The Dallas-based Bitcoin treasury company Strive, Inc. (Nasdaq: ASST) disclosed in a Form 8-K filing with the Securities and Exchange Commission on Monday that it purchased 73 Bitcoins at an average cost of approximately $63,646 per coin, for a total of approximately $4.7 million.
The purchases were made between June 8th and June 14th and increased Strive’s total Bitcoin holdings to 19,105 bits. $BTC. The acquisition mark continued with deliberate accumulation from the company that built one of the fastest growing Bitcoin treasure troves among publicly traded companies.
In parallel with the Bitcoin purchases, Strive’s cash and cash equivalents increased modestly from $139.2 million as of June 5 to $141.4 million as of June 12. Holdings in the company’s variable rate Series A Perpetual Stretch Preferred Stock of Strategy Shares (STRC) remained flat at 505,000 shares, with fair value increasing slightly from $47.2 million to $47.9 million over the same period.
Strive’s Class A common stock increased by approximately 483,400 shares during the week to 69,894,045 shares, reflecting issuances under the company’s market-time stock program. Class B common stock and SATA preferred stock remain unchanged. SATA stock, Strive’s floating rate Series A perpetual preferred stock, is an important instrument in the company’s capital strategy.
As of June 16, Strive plans to move SATA’s 13% annualized monthly dividend to a daily payment schedule, paying the same annual yield every business day. This is a move aimed at increasing liquidity and attracting capital for further Bitcoin acquisitions.
Strive public merger
Strive has quickly entered the Bitcoin public funds space. In September 2025, the company announced a merger with Semler Scientific, Inc. (NASDAQ: SMLR), resulting in an all-stock transaction that brought Semler’s stock to 5,048 shares. $BTC It will be recorded on Strive’s balance sheet when it closes. The transaction closed in January 2026, giving Strive $12,797.9. $BTC The company ranks as one of the world’s top corporate Bitcoin holders, surpassing Tesla and Trump Media & Technology Group at the close of trading.
Since then, Strive has continued to make purchases. By late January, the company had secured $225 million through a SATA preferred stock issue and used a portion of the proceeds to add $333.89. $BTC The average price per coin was $89,851, and the number of coins held exceeded 13,131. $BTC While clearing most of the outstanding debts.
In early May, the company had more than 15,000 employees. $BTC Threshold after acquiring 444 Bitcoins for $33.9 million (average $76,307 per coin) and adding another 381.61 Bitcoins $BTC May 13th to May 18th, approximately $79,348 each. The company’s financial tracker shows purchases of approximately 2,500 shares on June 1st. $BTC The purchase price was approximately $74,092, making it one of the largest acquisitions in a single week.
The company’s Bitcoin strategy reflects its founder’s broader philosophy. Strive positions Bitcoin not just as a financial reserve, but as a benchmark for capital allocation across the enterprise. this is, $BTC As a hurdle rate against which all other investments are measured. This approach, built from the acquisition of Semler Scientific and an expanding preferred stock program, has helped Strive grow from less than 8,000 shares. $BTC More than 19,000 people by the second half of 2025 $BTC today.
Bitcoin and the weekend rally
The timing of Strive’s disclosure coincides with Bitcoin’s remarkable recovery. Bitcoin soared above $66,000 on Sunday after President Trump announced the US-Iran peace deal, with official signing set for June 19th.
Geopolitical breakthroughs such as the lifting of the U.S. naval blockade and the reopening of the Strait of Hormuz pushed oil prices down about 5% to $80 a barrel, and risk assets rose across the board. Bitcoin’s gains were concentrated in the hours after Saturday’s announcement, with the asset rising about 3% in the 24 hours ending Monday morning.
This post Strive (ASST) acquires 73 Bitcoins for $4.7M, Treasury rises to 19,105 Bitcoins $BTC First published in Bitcoin Magazine and written by Micah Zimmerman.
