Business UpdateJul 27, 2026, 08:01 AM
Strive Buys 79 Bitcoin; Updates Holdings and Shares Outstanding
AI Summary
Strive, Inc. announced the purchase of 79 bitcoin between July 20 and July 24, 2026, at an average price of approximately $65,723 per bitcoin. This brings their total bitcoin holdings to 20,000 as of July 24, 2026. The company also provided updates on its financial holdings, showing a decrease in cash and cash equivalents by $3.4 million and an increase in the fair value of its STRC Stock by $0.808 million. Additionally, Class A common stock outstanding increased by 437,477 shares, contributing to an overall increase of 430,000 in Effective Common Shares Outstanding.
Key Highlights
- Strive purchased 79 bitcoin between July 20-24, 2026, at an average price of $65,723.
- Total bitcoin held increased to 20,000 as of July 24, 2026.
- Cash and cash equivalents decreased by $3.4 million to $154.0 million.
- Fair value of STRC Stock increased by $0.808 million to $43.879 million.
- Class A common stock outstanding increased by 437,477 shares.
- Effective Common Shares Outstanding increased by 430,000 to 84,099,973.
Price Impact
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