{"id":52522,"date":"2026-06-08T08:54:45","date_gmt":"2026-06-08T13:54:45","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=52522"},"modified":"2026-06-08T13:07:35","modified_gmt":"2026-06-08T18:07:35","slug":"strive-buys-32-bitcoin-at-63900-average","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/news\/strive-buys-32-bitcoin-at-63900-average","title":{"rendered":"Strive (ASST) Buys 32 Bitcoin at $63,900 Average, Bringing Total Holdings to 19,032 BTC"},"content":{"rendered":"
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Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 32 bitcoin between June 2 and June 7, 2026, at an average cost of approximately $63,911 per coin \u2014 inclusive of fees and expenses \u2014 for a total outlay of roughly $2.1 million, according to a Form 8-K filed with the U.S. Securities and Exchange Commission.<\/p>\n\n\n\n

The purchase<\/a> brings Strive’s total bitcoin holdings from 19,000 BTC to 19,032 BTC, a position the Dallas-based company reached after a string of transactions over recent months.<\/p>\n\n\n\n

Ironically, Strive purchased exactly 32 bitcoin this week \u2014 the same number Strategy offloaded<\/a> two weeks ago in its first bitcoin sale in years.<\/p>\n\n\n\n

The acquisition comes at a price well below Strive’s most recent large-scale purchase. The company had acquired 2,500 bitcoin between May 23 and June 1 at an average price of $74,092 per coin \u2014 a $185.2 million transaction funded almost entirely through proceeds from its Variable Rate Series A Perpetual Preferred Stock, known by its Nasdaq ticker SATA. <\/p>\n\n\n\n

The latest buy at $63,911 per coin represents a roughly 14% reduction in cost basis relative to that prior round, reflecting softness in bitcoin’s spot price during the reporting window.<\/p>\n\n\n\n

Strive\u2019s balance sheet growth<\/h2>\n\n\n\n

Beyond the bitcoin transaction, Strive’s 8-K revealed a modest uptick in cash and cash equivalents, from approximately $137.3 million as of June 1 to approximately $139.2 million as of June 5 \u2014 a $1.9 million increase. <\/p>\n\n\n\n

The fair value of the company’s position in Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock, traded under the ticker STRC, moved in the opposite direction, declining from roughly $49.5 million to $47.2 million over the same period, though the number of STRC shares held remained unchanged at 505,000.<\/p>\n\n\n\n

Class A common stock shares outstanding rose from 69,089,145 to 69,410,645 \u2014 an increase of 321,500 shares \u2014 while Class B common stock and SATA preferred shares held steady at 9,780,018 and 7,513,907 shares, respectively. The uptick in Class A shares reflects continued activity under the company’s at-the-market equity program, which Strive has used to fund bitcoin purchases throughout 2026.<\/p>\n\n\n\n

Strive has positioned itself as one of the more active corporate bitcoin accumulators among publicly traded companies. As of early June 2026, the company ranked<\/a> seventh among public corporate bitcoin holders globally, a standing it has reinforced through consistent filings and balance sheet disclosures throughout the spring. <\/p>\n\n\n\n

In late May, CEO Matt Cole announced<\/a> plans to increase both the ASST and SATA at-the-market programs by $2.1 billion each, a move framed as a response to sustained demand for the company’s listed securities.<\/p>\n\n\n\n

Shares of Strive (ASST) were up 7% in premarket trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

Strive, Inc. (Nasdaq: ASST) disclosed Monday that it purchased 32 bitcoin between June 2 and June 7, 2026, at an average cost of approximately $63,911 per coin \u2014 inclusive of fees and expenses \u2014 for a total outlay of roughly $2.1 million, according to a Form 8-K filed with the U.S. Securities and Exchange Commission. […]<\/p>\n","protected":false},"author":3817,"featured_media":52524,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4378],"tags":[6397,5437,6094,5599],"class_list":["post-52522","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-asst","tag-bitcoin-treasury","tag-strive","tag-strive-asset-management"],"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/06\/Strive-Buys-32-Bitcoin-at-63900-Average-Bringing-Total-Holdings-to-19032-BTC.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/52522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=52522"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/52522\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/52524"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=52522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=52522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=52522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}