Strive (ASST) Stock Rises 6% After Bitcoin Buy Makes It Fifth-Largest Corporate Holder

TLDR

• Strive purchased 1,800 BTC for $143 million between Aug. 24-28 at an average price of $79,431 per coin
• Total holdings now stand at 23,156 BTC, making Strive the fifth-largest publicly traded corporate Bitcoin holder
• TD Cowen raised its price target on ASST from $28 to $32, maintaining a Buy rating
• ASST stock was up roughly 6% on Monday, and is up nearly 165% over the past six months
• Strategy also returned to Bitcoin buying last week, picking up 4,603 BTC for roughly $370 million

Strive, the publicly traded Bitcoin treasury company, has broken into the top five corporate Bitcoin holders after buying 1,800 BTC last week for approximately $143 million.

Strive acquired an additional 1,800 BTC for $143M at an average cost of $79,431 per bitcoin, bringing total holdings to ₿23,156.$ASST $SATA pic.twitter.com/6ztKhC4PFF

- Matt Cole (@ColeMacro) August 31, 2026

The purchase was made between Aug. 24 and Aug. 28 at an average price of $79,431 per coin, including fees. CEO Matt Cole confirmed the acquisition on Monday via a Form 8-K filing.

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