Strive Stock Soars After 1,110 Bitcoin Buy

NewsMon, 24 Aug 2026 19:04:45 UTC1 hour ago

Bitcoin Magazine

Strive Stock Soars After 1,110 Bitcoin Buy

Strive, Inc. bought 1,110 bitcoin last week, the Dallas-based company’s largest single-week purchase in months, lifting its treasury to 21,356 coins, according to Monday filing.

The company’s stock (Nasdaq: ASST) soared following the news, with shares trading over 7% higher on Monday. Strive is an asset manager which rebranded in 2025 as the first publicly traded asset-management bitcoin treasury company. In January 2026, Strive completed the acquisition of Semler Scientific in an all-stock deal — the first instance of a publicly traded Bitcoin treasury company acquiring another publicly traded Bitcoin treasury company.

An 8-K filing with the Securities and Exchange Commission revealed Strive made the buys from August 17 through August 21 at an average price of about $73,409 per bitcoin, including fees and expenses, for a total near $81.5 million.

More than 1 out of every 1,000 Bitcoin that will ever exist is now owned by Strive.

And we’re just getting started. $ASST pic.twitter.com/R43EuOfoqp
… Continue reading the full article at the original source below.

Read from Source · bitcoinmagazine.com ↗

This content is automatically aggregated. Full credit goes to the original publisher (bitcoinmagazine.com).

Strive Stock Soars After 1,110 Bitcoin Buy

Related

Virtuals Protocol Announces Launch of Coinbase Tokenized

Avalanche Eyes Breakout as Double Bottom and DeFi Growth Boost Outlook

Coinbase Expands Offerings with Tokenized Stocks on Aave V4

DefiLlama Introduces New Token Performance Scoring Framework