Dallas-based ASST adds to holdings as geopolitical tailwinds lift bitcoin price
Strive, Inc. purchased 73 bitcoin between June 8 and June 14 at an average cost of $63,646 per coin, bringing total treasury holdings to 19,105 BTC, according to filings. The $4.7 million acquisition marks the latest step in the Dallas-based company’s “bitcoin-first” framework, which uses BTC as the hurdle rate against which all other investments are measured.
The purchase occurred as bitcoin climbed above $66,000 on Sunday following President Trump’s announcement of a U.S.-Iran peace deal, with formal signing scheduled for June 19. The geopolitical breakthrough includes lifting of the U.S. naval blockade and reopening of the Strait of Hormuz, sending oil prices down roughly 5% and pushing risk assets higher. Bitcoin gained 3% over 24 hours by Monday morning.
Strive’s cash position shifted during the acquisition window. As of June 5, the company held $139.2 million in cash and cash equivalents. By June 12, that figure rose to $141.4 million, reflecting inflows from its capital strategy. The company’s STRC preferred stock holdings, valued at $47.2 million on June 5, increased to $47.9 million by June 12.
The latest purchase extends a rapid accumulation cycle that accelerated following Strive’s January 2026 merger with Semler Scientific. That transaction brought 5,048 BTC onto Strive’s balance sheet, positioning the company as one of the top corporate bitcoin holders globally and surpassing Tesla and Trump Media & Technology Group at the time of closing. Strive held 12,797.9 BTC immediately after the merger closed.
Since January, Strive has deployed capital across multiple tranches. In late January, the company secured $225 million through SATA preferred stock issuance and acquired 333.89 BTC at $89,851 per coin, reaching 13,131 BTC. In early May, Strive crossed the 15,000 BTC threshold after acquiring 444 BTC at $76,307 per coin. Between May 13 and May 18, the company added 381.61 BTC at $79,348 each. On June 1, Strive acquired approximately 2,500 BTC at roughly $74,092 per coin.
The company’s capital strategy hinges on SATA preferred stock, which carries a 13% APR monthly dividend. As of June 16, Strive plans to transition SATA’s monthly dividend to a daily schedule, paying the same annual yield every business day to increase liquidity and attract capital for further bitcoin acquisition. Class A common stock increased by 483,400 shares during the period, bringing total Class A shares to 69,894,045.
Strive’s holdings have grown substantially since late 2025, when the company held under 8,000 BTC. The rapid expansion reflects a deliberate strategy to position bitcoin as a treasury reserve and capital allocation benchmark across the entire enterprise.
