759 BTC in one week
The 759 BTC purchase marks a sharp ramp-up from the prior two weeks, when Strive bought just 32 BTC and 73 BTC respectively for a combined $6.8 million. It also topped Strategy's weekly buy, making this a rare week where Strive out-accumulated the world's largest corporate bitcoin holder. The buys were executed at an average of $65,850, above the current spot price of about $64,200. That means Strive's average acquisition cost across its full treasury sits above the market — the firm is underwater on its overall position.
From Semler merger to 19,864 BTC
Strive entered the public bitcoin treasury space through its January 2026 merger with Semler Scientific, which brought 5,048 BTC onto its balance sheet. By early May it had crossed 15,000 BTC. In early June it deployed about $185 million to acquire roughly 2,500 coins in a single week. The firm now ranks among the top ten public corporate bitcoin holders worldwide, with a stash that has grown more than threefold since the merger.
Cash, shares, and the SATA program
Strive's cash and cash equivalents rose from $141.4 million to $144.5 million over the reporting period. Its Class A common stock share count increased by approximately 1.9 million shares to 71.8 million. The firm's holdings of Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) remained flat at 505,000 shares, with fair value at $44.7 million. Strive uses its SATA preferred stock program — which pays a bitcoin-linked dividend at 13% APR — to raise capital for bitcoin purchases. The program has allowed the firm to fund its accumulation without diluting common equity as heavily as a straight share sale would.
A $4.2 billion war chest for more buys
Strive has outlined a $4.2 billion war chest for further bitcoin accumulation. That firepower, combined with the SATA program's steady funding mechanism, means the pace of purchases could stay elevated. But with the average cost above current spot, the firm is sitting on an unrealized loss on its overall position. Investors will be watching the next 8-K filing to see whether Strive accelerates buys at lower prices or holds back for
