Strive’s (ASST) Bitcoin Treasury Falls 15,000 BTC After Buying $33.9 Million
Dallas-based Strive, Inc. (Nasdaq: ASST) disclosed on Monday that its Bitcoin treasury exceeded the limit of 15,000 BTC, following the purchase of 444 bitcoins for 33.9 million dollars at an estimated value of 76,307 each coin.
CEO Matt Cole announced the acquisition of X, and the company filed an 8-K with the SEC confirming the details.
The purchase extends a series of cumulative moves that have positioned Strive as one of the most active buyers of Bitcoin on the market.
As of April 24, Strive holds 14,557 BTC after a separate purchase of 789 bitcoins at $77,890 per coin. The latest transaction pushes the total stack past 15,000 BTC, a holding of around $1.2 billion at current prices.
The SEC filing detailed the company’s balance sheet as of May 1: $97.9 million in cash and cash equivalents, and $50.4 million in Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) of Strategy – Michael Saylor’s firm, which was renamed from MicroStrategy.
Strive reported 63,129,587 shares of Class A common stock and 9,893,844 shares of Class B common stock, and 4,959,536 shares of its Variable Rate Series A Perpetual Preferred Stock, which trades under the ticker SATA.
The milestone follows Strive’s completion of its acquisition of Semler Scientific in January 2026, which brought the medical technology company into Strive as a subsidiary.
At the end of that deal, Strive held 12,798 BTC and was ranked as the 11th largest Bitcoin holder in the world. The company added more than 2,200 BTC to its treasury since that transaction.
Fight as the first public asset management Bitcoin treasury corporation
Strive describes itself as the first public asset management Bitcoin treasury corporation. Its strategy focuses on Bitcoin growth per share, treating Bitcoin as a constraint in all capital allocation decisions.
CEO Matt Cole, who has led the company since April 2023 and served as Chairman since September 2025, has directed the company to what he calls “digital debt” – structured financial products that generate income with exposure to Bitcoin.
SATA’s preferred stock stands in the middle of that strategy. It is seeking to raise $225 million in SATA’s oversubscribed offering by January 2026, with investor demand exceeding $600 million. The stock carries an annual yield of close to 13%, and the product has held its peak through a 50% decline. Strive’s $50.4 million position in STRC’s preferred stock reflects a similar bet on Bitcoin-based products across the wealth space.
Strategy, a Virginia-based company led by CEO Michael Saylor, held 818,334 BTC at the end of April 2026 – acquired at a total value of $61.8 billion and an average price of $75,537 per coin – making it the largest Bitcoin holding company in the world, controlling a supply of nearly 2’4 million.
Shares of ASST are down .05% to $16.23 at the time of writing. The stock has shed about 88% of its value in the past six months, a period that includes Bitcoin’s deep decline before the price recovery.
