Strive (ASST) Acquires 382 More BTC, Total Reserves Reach 15,391 Bitcoin

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Strive, Inc. (Nasdaq: ASST) has further expanded its Bitcoin reserves by acquiring an additional 382 BTC for approximately $30.3 million, at an average acquisition cost of around $79,348 per coin, as detailed in a filing with the U.S. Securities and Exchange Commission (8-K).

This acquisition, which took place between May 13 and May 18, boosts the Dallas-based firm’s total Bitcoin holdings to 15,391 BTC, reinforcing its position among the leading corporate owners of the digital asset.

This latest addition continues a consistent buying trend, enabling Strive to increase its treasury by over 2,200 BTC since January 2026, when the company reported 12,798 BTC following its merger with Semler Scientific.

The rate of accumulation has notably quickened; in late April, Strive procured 789 BTC for approximately $61.4 million, with an average price of $77,890 per coin. Shortly thereafter, it added 444 BTC for $33.9 million at $76,307 per coin, surpassing the 15,000 BTC milestone for the first time.

Strive’s Bitcoin Approach

In conjunction with its recent purchase, Strive revealed updated performance metrics that highlight its distinct capital allocation methodology. The company reported a quarter-to-date BTC Yield of 6.6% and a year-to-date BTC Yield of 18.4%. This proprietary measure quantifies the percentage increase in Bitcoin exposure per common share over time, rather than focusing solely on the price fluctuations of BTC.

The firm’s amplification ratio, which indicates the leverage of its Bitcoin exposure relative to the market value of its holdings, currently stands at 44.3%.

This amplification ratio has seen consistent growth. When Strive held 13,132 BTC in January, its amplification ratio was 37.2%, primarily attributed to preferred equity rather than conventional debt. The increase to 44.3% reflects ongoing issuances of SATA preferred stock, which the company has utilized to finance Bitcoin acquisitions without significantly diluting its common shareholders.

Strive also reported approximately $87.3 million in cash and cash equivalents, along with a $49.8 million stake in Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). The company, under the leadership of Chairman and CEO Matt Cole, designates Bitcoin as its “hurdle rate” for all capital deployment decisions, framing each acquisition not just as a treasury action but as a benchmark for enduring shareholder value.

At prevailing market rates, Strive’s 15,391 BTC treasury is valued at nearly $1.2 billion, positioning the firm among the foremost corporate holders of Bitcoin worldwide.

Earlier this week, Strive Inc. announced that its SATA preferred stock will be the first U.S.-listed security to disburse cash dividends on a daily basis, commencing June 16. This daily compounding is projected to elevate its effective yield to approximately 13.88%.

The company also disclosed a Q1 net loss of $265.9 million, largely due to decreases in Bitcoin valuations, while simultaneously expanding its holdings to 15,009 BTC and maintaining a debt-free balance sheet. CEO Matthew Cole characterized this strategic move as a “zero-to-one innovation.”

According to the portal: bitcoinmagazine.com