- Made additional purchases of 381 bitcoins, bringing the total holdings to 15,391 bitcoins.
- The company currently holds over $87 million in cash, along with significant strategic investments.
- As Strive accelerates its Bitcoin accumulation strategy, analysts continue to raise their target stock prices.
Strive purchased 381.61 bitcoins at an average price of approximately $79,348 per coin between May 13 and 18, continuing its active expansion of its bitcoin reserves. This latest acquisition further increases the company’s total bitcoin holdings to 15,391 BTC, reinforcing its position among publicly traded corporate bitcoin holders.Bitcoin
Despite recent market volatility and uncertain macroeconomic conditions, an increasing number of institutions continue to adopt bitcoin-centric treasury strategies, and this acquisition takes place against this backdrop.
Strive still has a large amount of available funds.
As its position in Bitcoin continues to grow, efforts as of May 18 revealed that the company holds approximately $87.3 million in cash and cash equivalents. The company also holds nearly $50 million in assets tied to variable-rate Series A perpetual deferred preferred shares related to Strategy, enabling it to participate more broadly in the Bitcoin treasury ecosystem built around Michael Saylor’s company.
Strive's capital structure includes multiple classes of shares and perpetual preferred stock products, which analysts believe enable the company to raise capital efficiently while continuing to expand its Bitcoin accumulation strategy.
Analysts are becoming increasingly optimistic about this company.
Due to Bitcoin's higher-than-expected accumulation in the first quarter of 2026, several Wall Street firms have recently raised their target price for Strive. TD Cowen analysts noted that the company’s updated preferred stock structure and daily dividend adjustments have improved overall capital efficiency.
Meanwhile, H.C. Wainwright raised its target price for Strive following its previous "Buy" rating, citing confidence in Strive's rapidly expanding business, Bitcoin Vault, and its ability to maintain favorable market capitalization-to-net-asset-value dynamics.
The company’s Bitcoin strategy has also benefited from strong demand for SATA, a perpetual preferred stock issuance closely tied to the company’s treasury expansion.
Corporate Bitcoin competition is intensifying
Strive's continued accumulation of Bitcoin reflects a broader trend in public markets, where an increasing number of companies are positioning Bitcoin as a long-term treasury reserve asset. While companies like Strategy still dominate the total Bitcoin holdings, new entrants are rapidly building substantial positions by leveraging similar financing structures tied to equity issuances and preferred shares.
As Bitcoin adoption grows among corporations, investors are increasingly viewing well-capitalized companies as leveraged vehicles for institutional Bitcoin investment, rather than just operating businesses.
Currently, Strive appears to be focused on accelerating its Bitcoin strategy, while analysts continue to bet on further growth in institutional demand for Bitcoin-related enterprise tools.