{"id":7500,"date":"2026-06-02T14:20:44","date_gmt":"2026-06-02T14:20:44","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/06\/02\/strive-asst-adds-185-million-in-bitcoin-as-holdings-reach-19000-btc\/"},"modified":"2026-06-02T14:20:44","modified_gmt":"2026-06-02T14:20:44","slug":"strive-asst-adds-185-million-in-bitcoin-as-holdings-reach-19000-btc","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/06\/02\/strive-asst-adds-185-million-in-bitcoin-as-holdings-reach-19000-btc\/","title":{"rendered":"Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC<\/a><\/p>\n

<\/div>\n

Strive, Inc. moved on weakness in bitcoin\u2019s price, acquiring 2,500 BTC for roughly $185.2 million at an average of $74,092 per coin. The purchase, disclosed via an SEC Form 8-K filing<\/a> on June 2, lifts the Dallas-based treasury company\u2019s total bitcoin holdings to 19,000 BTC \u2014 planting it among the top ten publicly traded corporate holders of the asset.<\/p>\n

Strive launched in 2022 as an anti-ESG asset manager, founded by entrepreneur Vivek Ramaswamy with a focus on shareholder-first capital allocation. In September 2025, shareholders of Asset Entities Inc. approved<\/a> a merger with Strive Enterprises to form a combined, publicly listed entity under the ASST ticker.\u00a0<\/p>\n

The transaction gave Strive an initial 69 BTC through a Section 351 exchange and opened the door to large-scale bitcoin accumulation.<\/p>\n

CEO Matt Cole, who previously managed a $70 billion portfolio at CalPERS and held direct relationships with the Fed and Treasury during quantitative easing, reoriented the company toward structured finance and a bitcoin treasury model.\u00a0<\/p>\n

Under his leadership, Strive has grown from zero BTC to 19,000 in under a year, using a mix of equity offerings, its Variable Rate Series A Perpetual Preferred Stock (SATA), and capital markets activity to fund purchases<\/a>.<\/p>\n

Strive (ASST) also said yesterday it plans to expand<\/a> its at-the-market fundraising programs by $4.2 billion, increasing both its common stock and SATA preferred stock offerings by $2.1 billion each to accelerate Bitcoin accumulation.<\/p>\n

Strive\u2019s capital structure behind the buys<\/h2>\n

Strive\u2019s ability to keep acquiring bitcoin at scale depends on its layered capital structure. SATA, its perpetual preferred shares listed on Nasdaq, targets a $99\u2013$101 trading range and is designed to minimize volatility while generating recurring dividends.\u00a0<\/p>\n

The company pairs this with Class A and Class B common equity and cash reserves. In the June 2 filing, Strive reported cash of $137.3 million, up $44 million over the measurement period, and confirmed it maintains an 18-month dividend reserve.<\/p>\n

The quarter-to-date BTC yield stands at 23.0% and the year-to-date yield at 36.7%, with an amplification ratio of 57.0%. These metrics matter because Strive frames its performance not in dollar returns but in bitcoin-denominated terms \u2014 the goal being to outperform raw BTC exposure and justify the equity premium.<\/p>\n

The backdrop for Strive\u2019s purchase is the first confirmed bitcoin sale<\/a> by Strategy (Nasdaq: MSTR) since December 2022. Between May 26 and May 31, Strategy offloaded 32 BTC for $2.5 million at an average of $77,135 per coin \u2014 a fraction of its 843,706 BTC treasury but a departure from its pure-accumulation posture.<\/p>\n

The proceeds went toward funding preferred stock dividends (STRF, STRC, and related instruments), with a $900 million USD reserve earmarked for obligations.<\/p>\n

Strive plans to make<\/a> its SATA preferred stock the first U.S.-listed security to pay cash dividends every business day, maintaining a 13% annual dividend rate that compounds to an effective yield of about 13.88% while backing the strategy with a growing Bitcoin treasury.<\/p>\n

The company says the structure is designed to appeal to income-focused investors seeking frequent cash flow, while also providing exposure to Bitcoin through a debt-free balance sheet and continued Bitcoin accumulation strategy.<\/p>\n

This post Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC Strive, Inc. moved on weakness in bitcoin\u2019s price, acquiring 2,500 BTC for roughly $185.2 million at an average of $74,092 per coin. The purchase, disclosed via an SEC Form 8-K filing on June 2, lifts the Dallas-based treasury company\u2019s total bitcoin […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-7500","post","type-post","status-publish","format-standard","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=7500"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7500\/revisions"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=7500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=7500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=7500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}