Strive, Inc. bought 17.76 bitcoin last week and now holds 19,882 coins, the company said in a Form 8-K filed yesterday with US SEC.
The firm purchased the coins between June 29 and July 2 at an average price near $59,850. Chief Executive Matt Cole disclosed the update in a post on X.
STRIVE BITCOIN UPDATE
Strive purchased 17.76 Bitcoin last week and now holds ₿19,882.
More importantly, during 2Q26 @Strive acquired 6,236 Bitcoin, achieved 24.0% BTC Yield, generated ₿3,264 of BTC Gain, and ended the quarter with an amplification ratio of 67.2%.$ASST $SATA pic.twitter.com/oheb9oQ25h
— Matt Cole (@ColeMacro) July 6, 2026
The purchase reads as a deliberate nod to the July 4 holiday. The figure of 17.76 points to 1776, the year the United States declared independence. The buys landed days before the nation’s 250th anniversary of that declaration.
Strive primarily uses SATA perpetual preferred stock to make most of Bitcoin purchases. This allows the company to raise money without issuing more common shares, helping it avoid reducing the ownership percentage of existing shareholders.
The company recently increased the dividend on the preferred stock to about 13% while continuing to use the proceeds to expand its Bitcoin treasury.
Source: sec.gov
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