Strive (ASST) purchased 1,109 bitcoins at an average price of about $76,989 per coin in the four days ending May 22, according to a filing Tuesday.
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 that owns bitcoin.
In addition to the increase in bitcoin holdings, Strive also reported higher cash and cash equivalents, which increased to $93.3 million from $87.3 million. The company’s holdings in Strategy Inc.’s STRC preferred stock also rose slightly in value to more than $50 million.
The company also revealed that it is evaluating an update to its market programs linked to both its Class A common shares and SATA preferred shares, indicating additional flexibility for future capital raises and bitcoin purchases.
ASST stock has risen 133% over the past three months, dramatically outperforming other bitcoin treasury companies, although it remains below its 2025 high by more than 90%.
ASST is up 3% pre-market alongside bitcoin’s rise to $77,000 over the weekend.
