Funding
Strive Acquires 3,311 Bitcoin, Surpassing 30,000 BTC Milestone
Strive, a publicly traded company on Nasdaq, has announced a significant increase in its Bitcoin holdings, surpassing the 30,000 BTC mark. According to a filing made on Tuesday, the company purchased 3,311 Bitcoin last week, bringing its total to 32,773 BTC, valued at approximately $2.7 billion based on current market prices.
This acquisition positions Strive as the fifth largest publicly traded Bitcoin company, following Strategy, Twenty One, Metaplanet, and MARA, which hold larger amounts of Bitcoin. Despite a slight decline in Strive's stock (ASST) on Tuesday, the company's shares have seen a remarkable rise of nearly 60% year-to-date, contrasting with the performance of other Bitcoin treasury companies that have faced declines.
Founded by Vivek Ramaswamy, Strive debuted as an official Bitcoin treasury last year and has distinguished itself by not utilizing debt for its Bitcoin purchases. CEO Matt Cole has emphasized the company's debt-free status, with no margin requirements and no encumbered Bitcoin. In January 2026, Strive made headlines by acquiring Semler Scientific in an all-stock deal, marking a notable milestone in the realm of publicly traded Bitcoin treasury companies.
FAQ
What recent acquisition did Strive make regarding Bitcoin?
Strive acquired 3,311 Bitcoin last week, bringing its total holdings to 32,773 BTC.
How much is Strive's total Bitcoin holdings valued at?
Strive's total Bitcoin holdings are valued at approximately $2.7 billion based on current market prices.
Where does Strive rank among publicly traded Bitcoin companies?
Strive is now the fifth largest publicly traded Bitcoin company.
What is unique about Strive's approach to purchasing Bitcoin?
Strive has distinguished itself by not utilizing debt for its Bitcoin purchases and maintains a debt-free status.
Who founded Strive and when did it debut as a Bitcoin treasury?
Strive was founded by Vivek Ramaswamy and debuted as an official Bitcoin treasury last year.