Strive, Inc. has bolstered its Bitcoin holdings by acquiring 382 coins for roughly $30.3 million between May 13 and May 18, at an average price of $79,348 per Bitcoin. This latest acquisition pushes the firm’s total Bitcoin treasury to 15,391 coins, now valued at about $1.2 billion. The company has been funding these purchases through issuances of its Variable Rate Series A Perpetual Preferred Stock, avoiding traditional debt. Chairman and CEO Matthew Cole noted that the firm’s SATA preferred stock will become the first U.S. security to pay daily cash dividends starting June 16, at an annualized rate of 13%.
This move continues Strive’s aggressive accumulation strategy, adding over 2,200 Bitcoin since January 2026. The company’s year-to-date Bitcoin Yield stands at 18.4%, measuring growth per share adjusted for dilution. With an amplification ratio of 44.3%, Strive’s Bitcoin exposure relative to market value exceeds its holdings at face value through SATA issuances. The firm also holds $87.3 million in cash and a $49.8 million stake in Strategy’s STRC preferred stock.
Strive now ranks as the ninth-largest publicly disclosed corporate Bitcoin holder, sitting between Hut 8 and Riot Platforms. This positions the company closely behind Hut 8, which holds just 300 more Bitcoin. Meanwhile, Strategy remains the dominant holder with 843,738 Bitcoin. At the current price of roughly $77,000, the 382 Bitcoin purchased at $79,348 represent a modest unrealized loss on this tranche, though Strive’s overall average cost basis remains below market levels.