Strive Inc. added 1,375 bitcoin to its corporate treasury last week, a purchase disclosed in an SEC Form 8-K. The company now holds 24,531 BTC, making it the fifth largest corporate bitcoin holder. The move comes as ASST, a token tied to the firm, has jumped 114% in the past 30 days, while Strategy has paused its own accumulation.
The 8-K filing
The filing, dated last week, doesn't say what Strive paid per coin. It just lists the acquisition. That's typical for these disclosures. The company has been steadily building its stack for months, and this latest buy keeps the pace up.
Fifth largest
With 24,531 BTC, Strive now sits behind only a handful of companies. The firm says that puts it fifth among corporate holders. That's ahead of many better-known names. The treasury is worth a lot, though we don't have a current price to quote.
ASST's 30-day run
ASST, the token that tracks Strive's bitcoin holdings, has been on a tear. It's up 114% in a month. That kind of move tends to attract attention, and it might be part of why Strive is buying more. The token's price action often mirrors the company's bitcoin buys.
Strategy hits pause
Meanwhile, Strategy, the software firm that's been the biggest corporate buyer of bitcoin, has stopped buying for now. The company hasn't said why, but it's a notable shift. For months, Strategy was the benchmark for corporate bitcoin accumulation. Its pause leaves the field open for others like Strive to move up the ranks.
The next thing to watch is whether Strive keeps buying at this pace. The 8-K doesn't set a target, but the firm has been consistent. If ASST's rally continues, it might push Strive to add more. For now, the fifth spot is locked in.
