Strive Buys 759 Bitcoin for $50 Million, Holdings Reach 19,864 BTC
Strive Inc. acquired 759 Bitcoin for approximately $50 million from June 15-21, bringing total holdings to 19,864 BTC at an average price of $65,850 per coin, according to its June 22 Form 8-K filing with Nasdaq [2].
Strive Inc. acquired 759 Bitcoin for approximately $50 million between June 15 and June 21, bringing its total holdings to 19,864 BTC, according to a Form 8-K filed with Nasdaq on June 22, 2026 [2]. The asset manager paid an average price of $65,850 per Bitcoin for the purchase, below the cost basis of its prior major acquisition in May.
The transaction increases Strive's position as one of the larger institutional holders of Bitcoin on corporate balance sheets. At current market prices, the company's 19,864 BTC represents a treasury asset worth more than $1.3 billion, though the filing did not disclose unrealized gains or losses relative to aggregate cost basis.
Continue reading
2 more paragraphs for subscribers.
Free readers get a daily preview and the weekly long-form. Premium unlocks every brief in full, AM & PM editions, alerts, and the archive.