{"id":8301,"date":"2026-08-31T18:16:23","date_gmt":"2026-08-31T18:16:23","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/08\/31\/strive-becomes-fifth-largest-bitcoin-treasury-stock-jumps-on-latest-buy\/"},"modified":"2026-08-31T18:16:23","modified_gmt":"2026-08-31T18:16:23","slug":"strive-becomes-fifth-largest-bitcoin-treasury-stock-jumps-on-latest-buy","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/08\/31\/strive-becomes-fifth-largest-bitcoin-treasury-stock-jumps-on-latest-buy\/","title":{"rendered":"Strive Becomes Fifth-Largest Bitcoin Treasury, Stock Jumps on Latest Buy"},"content":{"rendered":"

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

Strive Becomes Fifth-Largest Bitcoin Treasury, Stock Jumps on Latest Buy<\/a><\/p>\n

<\/div>\n

Strive\u2019s stock soared on Monday after the company announced a $143 million bitcoin buy, making it the fifth biggest publicly traded crypto treasury.\u00a0<\/p>\n

The Nasdaq-listed company announced<\/a> its latest buy of 1,800 bitcoins between August 24 and August 28. It snapped up the coins for an average price of $79,431, according to a filing with the Securities and Exchange Commission.<\/p>\n

The Dallas, Texas-based company now holds 23,156 coins worth $1.8 billion at today\u2019s prices. Its stock (NASDAQ: ASST) was trading 9% higher at about 12.30pm in New York. Year-to-date, Strive\u2019s stock has risen by nearly 40%.\u00a0<\/p>\n

\n

JUST IN: Public company Strive bought 1,800 BTC for $143 million pic.twitter.com\/xEkWx3ZNZp<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) August 31, 2026<\/a>\n<\/p><\/div>\n

Strive\u2019s year-to-date Bitcoin yield, a metric that compares growth in bitcoin holdings relative to share count, reached 40.8% as of its Aug. 28 filing, up from less than 37% in early June.<\/p>\n

Strive now is the fifth biggest bitcoin treasury, behind only Strategy, Twenty One, Metaplanet, and MARA.\u00a0<\/p>\n

Founded by former Ohio gubernatorial candidate Vivek Ramaswamy in 2025, after raising $750 million to buy Bitcoin, Strive debuted as an official bitcoin treasury.\u00a0<\/p>\n

In January 2026, it completed the acquisition of Semler Scientific<\/a> in an all-stock deal \u2014 the first instance of a publicly traded Bitcoin treasury company acquiring another such company.\u00a0<\/p>\n

The idea is that investors can get amplified returns from Strive\u2019s stock. The company buys bitcoin with equity, and maintains a debt-free balance sheet: no bonds, no credit lines, and no leveraged positions that could trigger forced liquidation in a downturn.\u00a0<\/p>\n

Strive CEO Matt Cole has described the company as debt-free with zero margin requirements and zero encumbered bitcoin.<\/p>\n

Strive\u2019s latest purchase comes as Strategy, the biggest corporate holder of bitcoin, restarted its buying last week.\u00a0<\/p>\n

The software company had paused buying bitcoin for 10 weeks but announced it had bought 4,603 bitcoins for $369.7 million between August 24 to August 30. <\/p>\n

This post Strive Becomes Fifth-Largest Bitcoin Treasury, Stock Jumps on Latest Buy<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Mathew Di Salvo<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Strive Becomes Fifth-Largest Bitcoin Treasury, Stock Jumps on Latest Buy Strive\u2019s stock soared on Monday after the company announced a $143 million bitcoin buy, making it the fifth biggest publicly traded crypto treasury.\u00a0 The Nasdaq-listed company announced its latest buy of 1,800 bitcoins between August 24 and August 28. It snapped up the […]<\/p>\n","protected":false},"author":0,"featured_media":8302,"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-8301","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\/8301","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=8301"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/8301\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/8302"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=8301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=8301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=8301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}