Strive's latest filing with the U.S. Securities and Exchange Commission (SEC) shows that, following a share offering, the company continued to increase its Bitcoin holdings by purchasing 1,110 BTC for a total transaction value of approximately $81.5 million.
The average purchase cost is $73,409.
The company disclosed that the average purchase price for this batch of Bitcoin was $73,409 per coin, inclusive of associated fees and expenses. After completing this transaction, Strive’s Bitcoin holdings increased from 20,246 to 21,356 BTC.
According to the reported figures, the current value of this holding is approximately $1.7 billion. For publicly traded companies consistently pursuing a Bitcoin treasury strategy, the size of this holding remains one of the key metrics monitored by the market.
Cash reserves increased to $171.9 million
The document also shows that, as of August 21, Strive held $171.9 million in cash and cash equivalents, up from $154.8 million a week earlier—indicating that the company’s cash balance continued to rise even after completing this round of Bitcoin purchases.
This suggests that while Strive is increasing its Bitcoin position, short-term liquidity has not significantly tightened. For companies adopting a treasury holding strategy, cash levels are often a key indicator used by external observers to assess their future operational flexibility.
The trend of corporate holdings continues.
As Strive disclosed its increased holdings, other major corporate holders are also continuing to accumulate. The report noted that Japanese publicly traded company Metaplanet has increased its holdings to 43,000 bitcoins after acquiring an additional 2,823 bitcoins in the second quarter.
Another company with greater market attention, Strategy, currently holds 840,447 bitcoins. As more publicly traded companies add bitcoin to their treasury allocations, the relationship between corporate bitcoin holdings and financing capacity remains a key focus for the market.
Additional information: The specific financing terms corresponding to this increase in holdings were not disclosed in the article; it was only confirmed that the purchase occurred after the issuance of additional shares.