{"id":7554,"date":"2026-06-08T14:17:32","date_gmt":"2026-06-08T14:17:32","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/06\/08\/strive-buys-32-bitcoin-at-63900-average-bringing-total-holdings-to-19032-btc\/"},"modified":"2026-06-08T14:17:32","modified_gmt":"2026-06-08T14:17:32","slug":"strive-buys-32-bitcoin-at-63900-average-bringing-total-holdings-to-19032-btc","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/06\/08\/strive-buys-32-bitcoin-at-63900-average-bringing-total-holdings-to-19032-btc\/","title":{"rendered":"Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/strive-buys-32-bitcoin-at-63900-average\">Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 32 bitcoin between June 2 and June 7, 2026, at an average cost of approximately $63,911 per coin \u2014 inclusive of fees and expenses \u2014 for a total outlay of roughly $2.1 million, according to a Form 8-K filed with the U.S. Securities and Exchange Commission.<\/p>\n<p class=\"wp-block-paragraph\">The <a href=\"https:\/\/x.com\/colemacro\/status\/2063951962547360165?s=46\">purchase<\/a> brings Strive\u2019s total bitcoin holdings from 19,000 BTC to 19,032 BTC, a position the Dallas-based company reached after a string of transactions over recent months.<\/p>\n<p class=\"wp-block-paragraph\">Ironically, Strive purchased exactly 32 bitcoin this week \u2014 the same number Strategy <a href=\"https:\/\/bitcoinmagazine.com\/news\/strategy-mstr-sells-bitcoin\">offloaded<\/a> two weeks ago in its first bitcoin sale in years.<\/p>\n<p class=\"wp-block-paragraph\">The acquisition comes at a price well below Strive\u2019s most recent large-scale purchase. The company had acquired 2,500 bitcoin between May 23 and June 1 at an average price of $74,092 per coin \u2014 a $185.2 million transaction funded almost entirely through proceeds from its Variable Rate Series A Perpetual Preferred Stock, known by its Nasdaq ticker SATA.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The latest buy at $63,911 per coin represents a roughly 14% reduction in cost basis relative to that prior round, reflecting softness in bitcoin\u2019s spot price during the reporting window.<\/p>\n<h2 class=\"wp-block-heading\">Strive\u2019s balance sheet growth<\/h2>\n<p class=\"wp-block-paragraph\">Beyond the bitcoin transaction, Strive\u2019s 8-K revealed a modest uptick in cash and cash equivalents, from approximately $137.3 million as of June 1 to approximately $139.2 million as of June 5 \u2014 a $1.9 million increase.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The fair value of the company\u2019s position in Strategy Inc.\u2019s Variable Rate Series A Perpetual Stretch Preferred Stock, traded under the ticker STRC, moved in the opposite direction, declining from roughly $49.5 million to $47.2 million over the same period, though the number of STRC shares held remained unchanged at 505,000.<\/p>\n<p class=\"wp-block-paragraph\">Class A common stock shares outstanding rose from 69,089,145 to 69,410,645 \u2014 an increase of 321,500 shares \u2014 while Class B common stock and SATA preferred shares held steady at 9,780,018 and 7,513,907 shares, respectively. The uptick in Class A shares reflects continued activity under the company\u2019s at-the-market equity program, which Strive has used to fund bitcoin purchases throughout 2026.<\/p>\n<p class=\"wp-block-paragraph\">Strive has positioned itself as one of the more active corporate bitcoin accumulators among publicly traded companies. As of early June 2026, the company <a href=\"https:\/\/bitcointreasuries.net\/\" target=\"_blank\">ranked<\/a> seventh among public corporate bitcoin holders globally, a standing it has reinforced through consistent filings and balance sheet disclosures throughout the spring.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">In late May, CEO Matt Cole <a href=\"https:\/\/bitcoinmagazine.com\/news\/strive-asst-eyes-bitcoin-accumulation\">announced<\/a> plans to increase both the ASST and SATA at-the-market programs by $2.1 billion each, a move framed as a response to sustained demand for the company\u2019s listed securities.<\/p>\n<p class=\"wp-block-paragraph\">Shares of Strive (ASST) were up 7% in premarket trading.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/strive-buys-32-bitcoin-at-63900-average\">Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Strive Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 32 bitcoin between June 2 and June 7, 2026, at an average cost of approximately $63,911 per coin \u2014 inclusive of fees and expenses \u2014 for a total outlay of roughly [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":7555,"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-7554","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7554","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=7554"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7554\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/7555"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=7554"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=7554"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=7554"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}