Strive buys 79 Bitcoin, increasing total holdings to 20,246 BTC

Strive, the Dallas-based asset management firm trading on Nasdaq under the ticker ASST, has added another 79 Bitcoin to its corporate treasury. The purchase brings the company’s total BTC holdings to 20,000, cementing its position among the largest public-company Bitcoin holders on the planet. For a firm managing nearly $3 billion in assets under management, the 79 BTC buy is relatively modest. A drip-feed strategy with real weight behind it The company’s recent purchase history tells the story. In mid-June, Strive scooped up 759 BTC for approximately $50 million. A smaller 21 BTC buy followed in mid-July. Then came this latest 79 BTC acquisition, executed between July 20 and July 24 at an average price of roughly $65,723 per coin, fees included. That mid-July batch cost about $5.2 million, against a company with $154 million in cash reserves as of late July. Each purchase nudges the firm’s Bitcoin-per-share ratio higher, which is the metric Strive has chosen to emphasize as its performance benchmark. As of mid-August 2026, Strive’s Bitcoin holdings ranged from 19,999 to 20,167 BTC, valued at approximately $1.26 billion to $1.3 billion depending on market conditions. That positions...