Strive acquires 1,109 bitcoin, raising total holdings to 16,500 coins

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strive acquires 1,109 bitcoin, raising total holdings to 16,500 coins By James Van Straten | Edited by Stephen Alpher May 26, 2026, 12:46 p.m. 1 min read Make preferred on What to know : Strive’s latest bitcoin purchase of 1,109 BTC makes it the seventh-largest publicly traded corporate holder of bitcoin. The company is considering refreshed at-the-market programs for its Class A common stock and SATA preferred stock Strive (ASST) purchased 1,109 bitcoin at an average price of roughly $76,989 per coin in the four days ended May 22, according to a Tuesday filing . The latest acquisition brings the company’s total bitcoin holdings to 16,500 BTC, up from 15,391 BTC. Strive is now the seventh-largest publicly traded company holding bitcoin. Alongside the increase in bitcoin holdings, Strive also reported higher cash and cash equivalents, which rose to $93.3 million from $87.3 million. The company’s holdings of Strategy Inc.’s STRC preferred stock also increased slightly in value to over $50 million. The company also disclosed it is evaluating a refresh of its at-the-market programs tied to both its Class A common stock and SATA preferred stock, signaling additional flexibility for future capital raises and bitcoin purchases. Shares of ASST have surged 133% over the past three months, dramatically outperforming other bitcoin treasury firms, though they remain lower by more than 90% from their 2025 high. ASST is higher by 3% premarket alongside bitcoin's rise back to $77,000 over the weekend. Bitcoin News More For You Strategy taps cash reserve to retire $1.5 billion in convertible debt By James Van Straten | Edited by Sheldon Reback , Stephen Alpher 27 minutes ago Michael Saylor and team funded the repurchases using cash as it restructures liabilities tied to its BTC treasury strategy. What to know : Strategy repurchased $1.5 billion of its 0% convertible senior notes due 2029 for $1.38 billion in privately negotiated transactions. Strategy used cash to buy the debt, which lowered the company's cash reserve to $871 million MSTR is higher by 1.9% premarket alongside a modest increase in the price of bitcoin... Read full story Latest Crypto News Strategy taps cash reserve to retire $1.5 billion in convertible debt 27 minutes ago Spain joins growing list of countries shutting out Polymarket and Kalshi 41 minutes ago Bitcoin demand gauge sinks to worst level since December as spot buying weakens 43 minutes ago StablR freezes USDR and EURR after attacker mints $13.5 million in unbacked tokens 1 hour ago Bitcoin ETFs crushed by billions in outflows as Treasuries stifle interest-rate cut hopes 1 hour ago Bitcoin risks another lower high as stocks rally, AI tokens outperform 2 hours ago Top Stories Bitcoin caught between critical onchain support and an options showdown 3 hours ago Ondo Finance founder Nathan Allman dies unexpectedly 6 hours ago At $322 billion, the stablecoin market value exceeds the FX reserves of 95 nations 6 hours ago Hyperliquid takes a swing at Polymarket with macro outcome bets 6 hours ago Buterin says Ethereum Foundation will shrink, sell less ETH, and focus on 'CROPS' 20 hours ago HYPE briefly overtakes Dogecoin, privacy tokens slide as US strikes on Iran rattle markets 7 hours ago