Business UpdateAug 3, 2026, 08:05 AM
Strive Buys 20 Bitcoin for $63,191 Each; Updates Holdings
AI Summary
Strive, Inc. announced it purchased 20 bitcoin between July 27 and July 31, 2026, at an average price of approximately $63,191 per bitcoin. The company also provided an update on its holdings as of July 31, 2026. Cash and cash equivalents decreased by $2.7 million to $151.3 million, while the fair value of its STRC Stock increased by $1.3 million to $45.177 million. Total bitcoin holdings rose to 20,020, and Class A common stock outstanding increased by 110,000 shares.
Key Highlights
- Strive purchased 20 bitcoin between July 27 and July 31, 2026.
- The average purchase price for bitcoin was approximately $63,191, inclusive of fees.
- Cash and cash equivalents decreased by $2.7 million to $151.3 million as of July 31, 2026.
- Fair value of STRC Stock increased by $1.3 million to $45.177 million as of July 31, 2026.
- Total bitcoin held increased by 20 to 20,020 as of July 31, 2026.
- Class A common stock outstanding increased by 110,000 shares to 74,417,438.
- Assumed Fully Diluted Shares increased by 109,233 to 86,804,205.
Price Impact
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