Strive hits $3B market cap as share price surges to $27.70

Strive, Inc. has crossed into rarefied air. The Bitcoin treasury company’s stock climbed to approximately $27.70 per share, pushing its market capitalization into the $2.5B to $3B range and cementing its status as one of the fastest-growing corporate Bitcoin holders on the planet. Less than a year after going public through a reverse merger, the NASDAQ-listed company (ticker: ASST) now sits on roughly 24,531 BTC valued at nearly $1.9B. That makes Strive the fifth-largest public corporate holder of Bitcoin, a ranking that CEO Matt Cole apparently considers a waypoint rather than a destination. The accumulation machine Strive has been executing weekly Bitcoin purchases exceeding 1,000 BTC. In the week ending September 4, 2026, Strive scooped up 1,375 BTC for around $109M. The funding engine behind all this buying is SATA, a perpetual preferred stock instrument that yields a 13% annualized dividend. SATA currently has roughly $1B in notional outstanding, giving Strive a deep well of capital to draw from without diluting common shareholders the way a traditional equity raise would. From asset manager to Bitcoin vault Strive went public via reverse merger on September 12, 2025, transfor...