Business UpdateJul 20, 2026, 08:02 AM
Strive Buys 21 Bitcoin; Updates Cash, STRC, Share Holdings
AI Summary
Strive, Inc. announced the purchase of 21 bitcoin between July 13 and July 17, 2026, at an average price of approximately $63,221 per bitcoin, inclusive of fees and expenses. The company also provided updated holdings as of July 17, 2026, showing an increase in cash and cash equivalents to $157.4 million and a decrease in the fair value of STRC Stock to $43.071 million. Additionally, Class A common stock outstanding increased, while Class B common stock outstanding decreased.
Key Highlights
- Purchased 21 bitcoin between July 13-17, 2026, at an average price of $63,221.
- Total bitcoin held increased to 19,921 as of July 17, 2026.
- Cash and cash equivalents increased by $3.3 million to $157.4 million.
- Fair value of STRC Stock decreased by $1.106 million to $43.071 million.
- Class A common stock outstanding increased by 443,797 shares to 73,869,961.
- Class B common stock outstanding decreased by 3,335 shares to 9,800,012.
Price Impact
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