Strive Suggests Another Bitcoin Buy as Treasury Reaches New Heights
Strive has hinted at another Bitcoin purchase after acquiring 23,156 BTC following a $143 million acquisition. The company's Chairman and CEO Matt Cole shared its Bitcoin tracker on X with the message 'Wall-breaking season at Strive,' a signal that has preceded previous treasury announcements.
The latest purchase increased Strive's holdings from 21,356 BTC to 23,156 BTC, moving it into fifth place among publicly traded corporate Bitcoin holders. The acquisition was made between Aug. 24 and Aug. 28, with an average price of $79,431 per Bitcoin, including fees and expenses.
Strive's treasury is now worth roughly $1.8 billion at recent Bitcoin prices, giving ASST shareholders significant exposure to changes in the value of the underlying asset. The company has accelerated its accumulation pace during 2026, with a goal of potentially acquiring more than 20,000 additional BTC and challenging for second place among corporate Bitcoin holders.