Strive Asset Management Expands Bitcoin Holdings to Over 20,000 BTC

Strive, the asset management firm co-founded by Vivek Ramaswamy, has made a significant addition to its Bitcoin portfolio, acquiring 147 BTC between August 3 and August 7. This latest purchase brings Strive's total Bitcoin holdings to 20,167 BTC, valued at around $1.3 billion based on an average acquisition price of approximately $64,812 per coin.

Strive's transformation from a traditional asset manager to one of the largest public corporate Bitcoin holders began with its all-stock merger with Semler Scientific in September 2025, which nearly doubled its Bitcoin holdings overnight. Since then, the firm has continued to accumulate Bitcoin, with notable purchases including 1,109 BTC in May 2026 and 2,500 BTC in June. The company also made smaller additions in July and early August.

Currently, Strive ranks as the seventh largest public corporate Bitcoin holder globally. Despite acquiring the latest coins at a lower average price, the firm's overall average acquisition cost sits at approximately $94,700 per coin. Strive has eliminated all debt and maintains cash reserves of nearly $155 million, ensuring that its dividend obligations remain manageable even amid Bitcoin price fluctuations.

With nearly $3 billion in assets under management, Strive reported a Bitcoin yield of between 23.9% and 24% for Q2 2026, reaching 38% for the first half of the year. The firm advocates for broader corporate adoption of Bitcoin as a reserve asset and operates a Bitcoin treasury dashboard, providing transparency for investors considering exposure to its stock (NASDAQ: ASST).