StockWatch
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Computer Software: Prepackaged Software
InvestmentJun 15, 2026, 08:02 AM

Strive Buys 73 Bitcoin for ~$4.65M; Cash & STRC Value Up

AI Summary

Strive, Inc. announced the purchase of 73 bitcoin between June 8 and June 14, 2026, at an average price of approximately $63,646 per bitcoin, inclusive of fees and expenses. The company also provided an update on its holdings as of June 12, 2026. Cash and cash equivalents increased by $2.2 million, and the fair value of its STRC Stock rose by $674 thousand. Total bitcoin held reached 19,105, and Class A common stock outstanding increased by 483,400 shares.

Key Highlights

  • Strive purchased 73 bitcoin at an average price of approximately $63,646 per bitcoin.
  • Total bitcoin holdings increased to 19,105 as of June 12, 2026.
  • Cash and cash equivalents increased by $2.2 million to $141.4 million.
  • Fair value of STRC Stock rose by $674 thousand to $47.874 million.
  • Class A common stock outstanding increased by 483,400 shares to 69,894,045.