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.
Strive acquired an additional 1,110 $BTC for $81.5M at an average cost of $73,409 per bitcoin, bringing total holdings to ₿21,356.$ASST $SATA pic.twitter.com/bPcbHzl3dH
- Matt Cole (@ColeMacro) August 24, 2026
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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