Strive bought 1,800 Bitcoin on Monday for $143 million. The purchase brings its total holdings to 23,156 BTC, making it the fifth-largest corporate Bitcoin treasury. Shares of ASST, the company's listed stock, rose more than 5% on the day.
The latest buy
Strive paid $143 million for the 1,800 coins, a single-trade addition that pushes its stash past the 23,000 mark. The company hasn't said when the trade executed or whether it plans to keep buying at this pace. What's clear is that Strive is now a top-five corporate holder of Bitcoin.
Stock reaction
ASST jumped more than 5% on Monday, extending a monthly rally that now exceeds 100%. The stock has been climbing as Strive's Bitcoin treasury grows, and Monday's move suggests investors are still rewarding the strategy.
Fifth-largest corporate holder
Strive's 23,156 Bitcoin puts it behind only a handful of companies that hold Bitcoin on their balance sheets. The exact ranking depends on how you count, but Strive is now firmly in the top five. Monday's 5% gain pushed ASST's monthly return past 100%.
