Strive, Inc. disclosed in an SEC filing on August 31, 2026 that it purchased 1,800 bitcoin between August 24 and August 28 at an average price of approximately $79,431 per coin, inclusive of fees and expenses. The purchase brought Strive’s total bitcoin holdings from 21,356 to 23,156 BTC in a single week.
What the Filing Actually Shows
The company’s cash and cash equivalents grew from $171.9 million to $183.5 million over the same period, according to Strive’s Form 8-K filed with the SEC. Strive also holds 505,000 shares of Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock, valued at $49.15 million as of August 28, up slightly from $48.57 million a week earlier.
Class A common shares outstanding rose from 79,890,888 to 83,470,035 during the period, while shares of Strive’s own Variable Rate Series A Perpetual Preferred Stock, which trades under the ticker SATA, increased from 8,270,815 to 9,073,914.
Strive CEO Matt Cole confirmed the same figures directly to shareholders shortly after the filing.
How Strive Fits Into the Corporate Bitcoin Treasury Trend
Strive trades on Nasdaq under the ticker ASST, with its preferred stock trading under SATA. The filing was signed by CEO Matthew Cole and disclosed as part of the company’s ongoing pattern of periodic bitcoin purchase updates filed with the SEC.
The filing also referenced Strive’s pending merger transaction with Semler Scientific, Inc., noting that the strategic and financial benefits of that deal, along with risks tied to implementing Bitcoin treasury strategies more broadly, remain subject to the kind of uncertainty typical of forward-looking corporate statements.
For readers tracking how publicly traded companies are building bitcoin reserves onto their balance sheets, this purchase is worth following alongside broader crypto news, since disclosures like this one give a transparent, dated record of how treasury companies scale their holdings over time.
What This Purchase Pattern Signals
Strive’s approach, buying in batches and filing updates as holdings and share counts change, mirrors a disclosure pattern used by other public companies pursuing bitcoin treasury strategies.
The roughly $143 million spent on this purchase alone reflects a company continuing to accumulate bitcoin even as it manages a pending corporate merger and dilution from new share issuance.
What this means for you: If you’re evaluating bitcoin treasury companies as part of your portfolio, Strive’s steady accumulation pattern and transparent SEC disclosures give you a way to track exactly how much bitcoin the company holds and at what average cost, information worth weighing against dilution from new share issuance before deciding whether such a stock fits your strategy.
This is not financial advice. Investing in companies with bitcoin treasury strategies carries risks tied to bitcoin’s price volatility, dilution from share issuance, and the outcome of pending corporate transactions, so review official SEC filings and consult a financial advisor before making investment decisions.
