Strive (ASST) Stock Surges 11% as Bitcoin Buy Pushes Holdings Past 21K BTC

NewsTue, 25 Aug 2026 05:48:04 UTC2 hours ago
Strive (ASST) Stock Surges 11% as Bitcoin Buy Pushes Holdings Past 21K BTC

TLDR

  • Strive bought 1,110 Bitcoin for $81.5M between Aug. 17-21 at an average price of $73,409 per BTC
  • Total holdings now stand at 21,356 BTC, making Strive the seventh-largest public corporate Bitcoin holder
  • ASST stock jumped more than 11% on Monday, extending its roughly 36% year-to-date gain
  • Bitcoin was trading near $79,000-$80,000 on Monday, about 8% above Strive’s average purchase price
  • CEO Matt Cole stated he has “very strong” conviction the Bitcoin bear market is over

Strive purchased 1,110 Bitcoin for approximately $81.5 million between Aug. 17 and Aug. 21, according to an 8-K filing with the Securities and Exchange Commission.

The company paid an average of $73,409 per coin, including fees and expenses. That purchase lifted total holdings to 21,356 BTC, up about 5.5% from 20,246 BTC in mid-August.

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