Strive, Inc. announced the purchase of 1,110 bitcoin between August 17 and August 21, 2026, at an average price of approximately $73,409 per bitcoin. The company also provided an update on its corporate holdings, including an increase in total bitcoin, cash equivalents, and outstanding shares.
Key Details
- Bitcoin Purchase: Acquired 1,110 bitcoin for a total consideration of approximately $81.5 million.
- Updated Bitcoin Holdings: Total bitcoin held increased to 21,356 as of August 21, 2026.
- Balance Sheet Update: Cash and cash equivalents increased by $17.1 million to $171.9 million in the week ending August 21, 2026.
- Share Issuance: Class A common stock outstanding increased by 3,646,300 shares during the same period.