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    Home » Strive pushes past 15,000 BTC with fresh $33.9M bitcoin buy
    Crypto

    Strive pushes past 15,000 BTC with fresh $33.9M bitcoin buy

    James WilsonBy James WilsonMay 5, 2026No Comments3 Mins Read
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    Strive, Inc. has pushed its Bitcoin treasury past 15,000 BTC after its latest purchase added to a months-long accumulation run.

    Summary

    • Strive has crossed 15,000 BTC after buying 444 bitcoin for $33.9 million, according to its SEC filing.
    • Company disclosures show the treasury has grown by over 2,200 BTC since its Semler Scientific acquisition in January 2026.
    • Investor filings indicate Strive raised $225 million through its SATA preferred stock, with demand exceeding $600 million.

    According to an 8-K filing with the U.S. Securities and Exchange Commission, the Dallas-based firm bought 444 BTC for $33.9 million at an average price of $76,307 per coin, taking its total holdings above the 15,000 BTC threshold. CEO Matt Cole disclosed the purchase on X alongside the filing, confirming the company’s continued pace of accumulation.

    The new total builds on a prior disclosure from April 24, when Strive reported holding 14,557 BTC following a separate purchase of 789 BTC at $77,890 per coin. Company filings show that the latest addition lifts the treasury’s value to roughly $1.2 billion at current market prices.

    Strive’s treasury expansion tied to structured capital strategy

    SEC disclosures dated May 1 show Strive holding $97.9 million in cash and cash equivalents, alongside a $50.4 million position in Variable Rate Series A Perpetual Stretch Preferred Stock tied to Strategy, the firm led by Michael Saylor. 

    The filing also listed 63,129,587 Class A shares and 9,893,844 Class B shares outstanding, along with 4,959,536 shares of its own preferred stock trading under the SATA ticker.

    Strive has framed its approach as a Bitcoin-first capital model. Company materials describe Bitcoin per share as the internal benchmark for capital allocation, with Cole steering the firm toward what he has called “digital credit” products built around Bitcoin exposure.

    Investor filings show the SATA preferred stock at the center of this structure. In January 2026, Strive raised $225 million through an oversubscribed offering, with demand exceeding $600 million, while the instrument carried an annualized yield close to 13%. Company disclosures noted that the product held its peg even during a roughly 50% drawdown in Bitcoin prices.

    As previously reported by crypto.news, Strive became a top 10 public corporate Bitcoin holder last month, with its balance rising to 14,557 BTC. In previous company statements, Strive reported it held 12,798 BTC following its January 2026 acquisition of Semler Scientific, a deal that brought the medical technology company under it as a subsidiary.

    Statements from Strive and data referenced by BTCtreasuries indicate the company has added more than 2,200 BTC since that acquisition, a pace that has pushed it into direct competition with long-established treasury holders.

    Positioning alongside Strategy’s treasury model

    Public filings show Strategy remains the largest corporate Bitcoin holder, with 818,334 BTC acquired at a cumulative cost of about $61.8 billion and an average price of $75,537 per coin, accounting for nearly 4% of Bitcoin’s fixed supply. 

    Strive’s $50.4 million allocation to Strategy-linked preferred stock signals exposure to similar balance sheet structures across corporate treasury strategies.

    Market data at the time of writing showed Strive’s shares trading at $16.23, down 0.05% on the day, while historical pricing data indicates the stock has declined about 88% over the past six months during a period that included a deep Bitcoin drawdown followed by a partial recovery.



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    Strive pushes past 15,000 BTC with fresh $33.9M bitcoin buy

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