InvestmentMay 26, 2026, 08:07 AM
Strive Buys 1,109 Bitcoin; Total Holdings Reach 16,500 BTC
AI Summary
Strive, Inc. announced the purchase of 1,109 bitcoin between May 19-22, 2026, at an average price of approximately $76,989 per bitcoin. This acquisition increased the company's total bitcoin holdings to 16,500 as of May 22, 2026. Additionally, Strive reported an increase in cash and cash equivalents by $6 million to $93.3 million and a $0.3 million rise in the fair value of STRC Stock to $50.1 million. The company also updated its outstanding shares, noting an increase of 2,232,000 Class A common stock and 515,298 SATA Stock, and is evaluating a near-term refresh of its ATM programs for Class A common stock and SATA Stock.
Key Highlights
- Strive purchased 1,109 bitcoin between May 19-22, 2026.
- The average purchase price was approximately $76,989 per bitcoin, inclusive of fees.
- Total bitcoin held increased to 16,500 as of May 22, 2026.
- Cash and cash equivalents increased by $6 million to $93.3 million.
- Fair value of STRC Stock rose by $0.3 million to $50.1 million.
- Class A common stock outstanding increased by 2,232,000 shares.
- SATA Stock outstanding increased by 515,298 shares.
- Strive is evaluating a refresh of its ATM programs for Class A common stock and SATA Stock.
Price Impact
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