Strive, Inc. Buys 17.76 Bitcoin, Boosts Total Holdings To Nearly 20K BTC

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. The news was provided by Chief Executive Matt Cole 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 year 1776, when the United States declared their independence, is indicated by figure 17.76. 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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