Strive has once again signaled a potential increase in its Bitcoin holdings, shifting market focus to its next disclosure filing. Company Chairman and CEO Matt Cole posted a Bitcoin holding tracker page on X, an action that has previously preceded announcements of new Bitcoin purchases.
After the latest purchase, your position increased to 23,156 tokens.
Company disclosures show that Strive purchased 1,800 bitcoins between August 24 and August 28 at an average purchase price of $79,431 per bitcoin, with total expenses including fees amounting to approximately $143 million. This transaction has been disclosed in an 8-K filing submitted to the U.S. Securities and Exchange Commission.
After the transaction, Strive's Bitcoin holdings increased from 21,356 to 23,156 BTC. According to BitcoinTreasuries.net, the company is now the fifth-largest corporate Bitcoin holder globally, trailing Strategy, Twenty One Capital, Metaplanet, and MARA Holdings.
The total expenditure across two rounds of coin purchases was approximately $224.5 million.
This is not the only recent increase in Strive’s holdings. Just the previous week, the company purchased 1,110 bitcoins for approximately $81.5 million, at an average price of $73,409 per bitcoin. Across both disclosure periods, Strive has acquired a total of 2,910 bitcoins, with a total expenditure of approximately $224.5 million.
At the time of the latest transaction disclosure, the price of Bitcoin was approximately $76,400, corresponding to a market value of about $1.77 billion for the company’s holdings. However, Strive did not disclose the aggregate cost basis of its entire Bitcoin reserve, so the overall book value will continue to fluctuate with changes in the coin’s price.
Management continues to bet on expanding capacity within the year.
Matt Cole previously stated that Strive could still purchase more than 20,000 bitcoins this year and aims to become the second-largest corporate Bitcoin holder by year-end, behind only Strategy. Although this new round of purchases has not been officially confirmed, management has recently continued to release positive signals.
In August, he also stated that the company was willing to continue increasing its exposure, even if Bitcoin might experience a pullback after its rapid rise. Market data cited in the article shows that Bitcoin has rebounded from around $63,000 to nearly $82,000, driving up both the market value of corporate Bitcoin holdings and related stocks.
ASST reaches a new all-time high, SATA attracts attention
As of press time, Strive’s common stock ASST has surpassed $27, reaching a year-to-date high. The stock has risen over 78% since the beginning of 2026 and nearly 120% over the past month, making it the top-performing stock among the top ten Bitcoin treasury companies listed in this report during the same period.
Another financing instrument under scrutiny is Strive’s senior secured note, SATA. As of late August, BitcoinTreasuries.net estimated that if SATA trades at or near its $100 par value, the company could theoretically access financing equivalent to approximately 1,192 bitcoins within a week—though this does not mean the company has completed issuance or purchased that amount of bitcoin.
Additional information: The company disclosed that Strive reported a GAAP net loss of $257.6 million in the second quarter, approximately $234 million of which was related to the fair value decline of its Bitcoin holdings and its STRC position in Strategy. As of August 7, the company held $154.9 million in cash, approximately $48 million in STRC preferred shares, and had no short-term or long-term debt.