Strive on Tuesday announced the purchase of 2,500 additional Bitcoin for approximately $185 million, bringing its total holdings to 19,000 BTC. The company acquired Bitcoin between May 23 and June 1 at an average cost of $74,092 per coin.
Strive acquired an additional 2,500 $BTC for ~$185.2M at an average cost of ~$74,092 per bitcoin.
STRIVE SNAPSHOT
Bitcoin holdings: 19,000
QTD BTC Yield: 23.0%
YTD BTC Yield: 36.7%
Amplification ratio: 57.0%Cash was increased to maintain 18-month dividend reserve.$ASST $SATA pic.twitter.com/eTPHmMHBh1
— Matt Cole (@ColeMacro) June 2, 2026
The purchase represents the latest expansion of Strive’s Bitcoin treasury strategy. Following the acquisition, the company reports a quarter-to-date Bitcoin yield of 23% and a year-to-date Bitcoin yield of 36.7%, along with an amplification ratio of 57%.
Strive, now ranking the seventh-largest corporate holder of BTC, also reported growth in cash and cash equivalents, which rose by $44 million to over $137 million as of June 1.
In addition, Strive updated investors on its capital structure. Outstanding Class A common shares increased to approximately 69million shares, while SATA preferred shares rose to more than 7.5 million. Holdings of Strategy’s STRC preferred stock remained largely unchanged at approximately $49.5 million.
The company continues to pursue a treasury strategy centered on accumulating Bitcoin while using equity and preferred stock financing to support growth and capital allocation initiatives.
Shares of Strive slipped approximately 4.5% before the opening bell today, according to Yahoo Finance. The stock has gained about 17% this year, though it continues to post steep losses compared with its level a year ago.
Leave a comment