InvestmentJun 8, 2026, 07:51 AM
Strive Buys 32 Bitcoin for ~$63,911 Each; Cash Up $1.9M
AI Summary
Strive, Inc. announced the purchase of 32 bitcoin between June 2 and June 7, 2026, at an average price of approximately $63,911 per bitcoin, including fees. This increased the company's total bitcoin holdings to 19,032. Additionally, Strive provided an update on its financial holdings as of June 5, 2026, reporting an increase in cash and cash equivalents by $1.9 million to $139.2 million. However, the fair value of its Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (STRC Stock) decreased by $2.3 million to $47.2 million.
Key Highlights
- Strive purchased 32 bitcoin between June 2-7, 2026, at an average price of approximately $63,911 per bitcoin.
- Total bitcoin held by Strive increased to 19,032 as of June 5, 2026.
- Cash and cash equivalents increased by $1.9 million to $139.2 million as of June 5, 2026.
- The fair value of STRC Stock decreased by $2.3 million to $47.2 million.
- Class A common stock outstanding increased by 321,500 shares to 69,410,645.
- Class B common stock and SATA Stock shares outstanding remained unchanged.
Price Impact
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