Strive purchased 759 BTC in its latest reporting week for about $50 million, marking its biggest weekly Bitcoin buy in months. The total also came in above Strategy’s disclosed purchase of 520 BTC over a similar period.
In a Form 8-K filed with the U.S. Securities and Exchange Commission on June 22, the Dallas-based Bitcoin treasury company said it acquired the coins between June 15 and June 21 at an average price of about $65,850 per Bitcoin, including fees and expenses. After the transaction, Strive’s total Bitcoin holdings reached 19,864 BTC.
The pace of accumulation jumped sharply
The latest buy was far larger than Strive’s previous two weekly disclosures. Those filings showed purchases of just 32 BTC and 73 BTC, for a combined total of roughly $6.8 million. This week’s 759 BTC addition represented a clear acceleration.
Strategy still holds the top spot as the world’s largest corporate Bitcoin holder, but Strive added more coins during this reporting window. That does not happen often, especially in a market where the largest treasury companies usually dominate absolute purchase volume.
Cash balance and share count both moved higher
Fresh filings also showed Strive’s cash and cash equivalents rising from $141.4 million to $144.5 million during the period. At the same time, its Class A common share count increased by about 1.9 million shares to 71.8 million, pointing to continued fundraising through the company’s at-the-market equity program.
Elsewhere on the balance sheet, Strive kept its position of 505,000 shares in Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, or STRC. The filing said the fair value of that holding slipped slightly to about $44.7 million.
SATA remains central to the funding structure
A large share of Strive’s Bitcoin purchases has been backed by its Variable Rate Series A Perpetual Preferred Stock program, known as SATA. The preferred shares currently carry a Bitcoin-linked dividend at an annualized rate of 13%, calculated daily. Company disclosures say capital raised through SATA and other at-the-market programs is directed toward additional Bitcoin purchases.
Strive management has previously described Bitcoin as the benchmark it uses to judge capital allocation decisions, not just as a reserve asset on the balance sheet. Based on Bitcoin prices near $64,000, the company’s treasury of 19,864 BTC is worth about $1.27 billion.
Expansion has continued since the Semler merger
Strive’s treasury buildout picked up after its January 2026 merger with Semler Scientific, which added 5,048 BTC to the balance sheet at closing and set the base for the current accumulation strategy. The company later crossed the 15,000 BTC mark in early May.
In early June, Strive also disclosed a capital deployment of roughly $185 million that added about 2,500 BTC in a single week. Its previously announced $4.2 billion capital deployment plan remains in place, and the latest filings show the company is still expanding its Bitcoin position as the second half of 2026 approaches.