Strive buys 1,110 Bitcoin for $81.5 million

Strive bought 1,110 Bitcoin for about $81.5 million. A Monday filing with the US Securities and Exchange Commission said the purchases occurred between Aug. 17 and Aug. 21. The filing put the average purchase price at $73,409 per Bitcoin, including fees and expenses. Strive's holdings reached 21,356 BTC after the purchase. BitcoinTreasuries.NET data ranked Strive as the seventh-largest publicly traded corporate Bitcoin holder. Bitcoin traded near $79,000 on Monday. Yahoo Finance data showed Strive's shares up more than 11% in Monday morning trading. Strive's shares had gained about 36% year to date. Strive's cash and cash equivalents rose by $17.1 million to $171.9 million over the period. Its Class A shares outstanding increased by 3.65 million to 79.89 million. CEO Matt Cole said Bitcoin's role in an expanding scarcity trade could amplify the outcome for Strive's ASST shares. Strive also held 505,000 shares of Strategy's STRC preferred stock valued at $48.6 million as of Aug. 21. SATA closed at $100.01 on Friday after falling to $83.30 in late June. Strive targets a SATA trading range of $99 to $101. Strive launched SATA in November 2025 with 2 million shares sold at $80 each. The variable-rate perpetual preferred stock has an initial liquidation preference of $100 per share. Strive raised SATA's annualized dividend rate to 13% in April. It began making daily dividend payments on June 16.