ChainThink reports that, on March 19, according to The Block, Strive, the Bitcoin treasury company founded by Vivek Ramaswamy, increased its holdings by 317 BTC over the past week. As of March 17, its total holdings rose to 13,627.9 BTC, ranking it among the top ten public Bitcoin treasury holders at tenth place, surpassing CleanSpark.
Since its listing in September 2025, Strive has accumulated Bitcoin through multiple channels, including: 5,886 BTC from its initial PIPE financing, 5,048 BTC from the acquisition of Semler Scientific, and 2,694 BTC from capital market activities such as its IPO, at-the-market offerings, and subsequent issuances. Strive funds its Bitcoin strategy through structured financial instruments, with its core product being Variable Rate Series A Perpetual Preferred Stock (SATA).
Despite continued growth in holdings, Strive reported a GAAP net loss of $393.6 million in the fourth quarter of 2025 and a non-GAAP adjusted net loss of $208.2 million, approximately 93% ($194.5 million) of which resulted from the decline in the fair value of its Bitcoin holdings. As of March 17, Strive held $83.7 million in cash and cash equivalents, $50.4 million in fair value of STRC positions, and Bitcoin holdings with a market value of approximately $944.3 million.