Strive, Inc. (Nasdaq: ASST) bought another 32 Bitcoin between June 2 and June 7, paying an average of $63,911 per coin for a total spend of roughly $2.1 million, the company disclosed in a SEC Form 8-K filing. The purchase lifts Strive's total stash to 19,032 BTC, making it the seventh-largest public corporate Bitcoin holder worldwide as of early June 2026.
Cheaper per coin this time
The $63,911 average cost is a 14% discount compared to Strive's previous acquisition — 2,500 BTC scooped up from May 23 through June 1 at $74,092 per coin. The company is clearly taking advantage of lower prices to keep stacking.
How they're funding the buys
Strive's cash and cash equivalents rose by $1.9 million to $139.2 million between June 1 and June 5, even as the fair value of its STRC preferred stock slipped from $49.5 million to $47.2 million. The company also issued 321,500 new shares of Class A common stock over the same period, bringing the total to 69,410,645, as part of an at-the-market equity program used to raise cash for Bitcoin purchases. CEO Matt Cole said in late May he plans to increase both the ASST and SATA at-the-market programs by $2.1 billion each, citing sustained demand for listed securities.
Market reaction
Investors liked what they saw. Strive's shares rose 7% in premarket trading following the Bitcoin buy announcement.
With the ATM program expansions still pending regulatory clearance and the company's cost basis dropping, the question isn't whether Strive will buy more — it's how fast Cole can put that $2.1 billion to work. The next SEC filing will tell.
