Strive has added 1,109 more Bitcoin to its corporate treasury, following the trend of public companies increasing their digital asset holdings. The company bought the Bitcoin at an average price of about $76,989 each over the four days ending May 22.
After this purchase, Strive now holds 16,500 BTC, making it the seventh-largest public company with Bitcoin holdings. The company also reported that its cash and cash equivalents have risen to over $93 million.
Strive also said its holdings in Strategy’s preferred stock have increased slightly in value. The company is reviewing updates to its capital-raising programs for common and preferred stock, which could give it more flexibility for future Bitcoin purchases.
Strive’s stock has performed especially well, jumping more than 130% in the past three months and beating many other Bitcoin treasury firms. Still, the stock is well below its peak levels from 2025.
More companies are adding Bitcoin to their balance sheets, showing how corporate treasury strategies are moving beyond just holding cash. While Strategy is still the leader, smaller firms like Strive are using Bitcoin as both a reserve asset and a long-term growth plan.
Strive acquired an additional 1,109 $BTC for ~$85.4 million at an average cost of ~$76,988 per bitcoin.
STRIVE SNAPSHOT
Bitcoin holdings: 16,500
QTD BTC Yield: 11.0%
YTD BTC Yield: 23.4%
Amplification ratio: 45.2%$ASST $SATA pic.twitter.com/dxuee6jdRy— Matt Cole (@ColeMacro) May 26, 2026
Stay informed with the latest trends in Web3, blockchain innovation, and cybersecurity updates at 3verseTV
You need to login in order to Like
Leave a comment