Strive Snaps Up $143 Million in Bitcoin
Strive Inc., a publicly traded company listed on Nasdaq under the ticker ASST, has made another significant move into cryptocurrency by purchasing 1,800 Bitcoin between August 24 and August 28.
The purchase was disclosed in an SEC filing on August 31, 2026, and brought Strive's total Bitcoin holdings from 21,356 to 23,156 BTC. The company paid an average price of approximately $79,431 per coin, inclusive of fees and expenses, totaling around $143 million.
Strive's cash and cash equivalents grew from $171.9 million to $183.5 million over the same period, according to the filing. The company also holds 505,000 shares of Strategy Inc.'s Variable Rate Series A Perpetual Stretch Preferred Stock, valued at $49.15 million as of August 28.
Strive's approach to building its Bitcoin reserves mirrors that of other public companies pursuing similar strategies, buying in batches and filing updates as holdings and share counts change.