--- title: "Strive Expands Bitcoin Holdings and Strengthens Balance Sheet" type: "News" locale: "en" url: "https://longbridge.com/en/news/295400332.md" description: "Strive Inc. announced the purchase of 147 Bitcoin between August 3-7, 2026, increasing its total holdings to 20,167 coins. The company also strengthened its balance sheet by raising cash equivalents to $154.9 million and seeing an increase in the fair value of its Strategy Inc. preferred stock holdings. Additionally, Strive reported an increase in outstanding shares and unvested employee stock awards, impacting fully diluted share counts." datetime: "2026-08-10T11:35:56.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/295400332.md) - [en](https://longbridge.com/en/news/295400332.md) - [zh-HK](https://longbridge.com/zh-HK/news/295400332.md) generator: "portal-rs" --- # Strive Expands Bitcoin Holdings and Strengthens Balance Sheet ### Claim 55% Off TipRanks - Unlock powerful investing tools with TipRanks Premium to make smarter, more confident investment decisions - Subscribe to TipRanks Smart Investor Newsletter, and discover new investing opportunities with data-backed stock picks Strive Inc ( (ASST) ) has provided an announcement. On August 10, 2026, Strive, Inc. reported that between August 3 and August 7, 2026, it purchased 147 bitcoin at an average price of about $64,812 per coin, raising its total bitcoin holdings from 20,020 to 20,167. Over the same period, the company increased cash and cash equivalents from $151.3 million to $154.9 million and saw the fair value of its holdings in Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock rise from $45.2 million to $48.0 million, indicating a broader strengthening of its balance sheet. Strive also detailed changes in its capital structure as of August 7, 2026, including a rise in Class A common stock outstanding from about 74.4 million to 75.6 million shares and an increase in unvested employee stock awards from roughly 1.6 million to 2.3 million. As a result, assumed fully diluted shares grew from about 86.8 million to 88.7 million, highlighting ongoing equity issuance and compensation activity that may affect existing shareholders’ dilution and the firm’s overall market capitalization. The most recent analyst rating on (ASST) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Strive Inc stock, see the ASST Stock Forecast page. **Spark’s Take on ASST Stock** According to Spark, TipRanks’ AI Analyst, ASST is a Neutral. The score is held down primarily by weak financial performance (widening losses, deeply negative margins, and continued cash burn) and bearish technical positioning (negative MACD and price below key moving averages). Valuation is only mildly supportive because the negative P/E reflects ongoing losses and no dividend yield is provided. To see Spark’s full report on ASST stock, click here. **More about Strive Inc** Strive, Inc. is a company that holds significant financial assets, including cash and cash equivalents, bitcoin, and Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. The company’s capital structure includes Class A and Class B common stock, employee stock options and awards, and Variable Rate Series A Perpetual Preferred Stock, reflecting an active approach to managing equity and digital asset positions. **Average Trading Volume:** 4,160,804 **Technical Sentiment Signal:** Sell **Current Market Cap:** $1.05B For an in-depth examination of ASST stock, go to TipRanks’ Overview page. ### Related Stocks - [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md) - [SATA.US](https://longbridge.com/en/quote/SATA.US.md) - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [STRF.US](https://longbridge.com/en/quote/STRF.US.md) - [STRD.US](https://longbridge.com/en/quote/STRD.US.md) - [STRK.US](https://longbridge.com/en/quote/STRK.US.md) - [STRC.US](https://longbridge.com/en/quote/STRC.US.md) - [ASST.US](https://longbridge.com/en/quote/ASST.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [MSTW.US](https://longbridge.com/en/quote/MSTW.US.md) - [WNTR.US](https://longbridge.com/en/quote/WNTR.US.md) - [MST.US](https://longbridge.com/en/quote/MST.US.md) - [MSTZ.US](https://longbridge.com/en/quote/MSTZ.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [IMST.US](https://longbridge.com/en/quote/IMST.US.md) - [MSDD.US](https://longbridge.com/en/quote/MSDD.US.md) - [MSOO.US](https://longbridge.com/en/quote/MSOO.US.md) - [MSST.US](https://longbridge.com/en/quote/MSST.US.md) - [MSTP.US](https://longbridge.com/en/quote/MSTP.US.md) - [MSTU.US](https://longbridge.com/en/quote/MSTU.US.md) - [MSTX.US](https://longbridge.com/en/quote/MSTX.US.md) - [MSTY.US](https://longbridge.com/en/quote/MSTY.US.md) - [MTYY.US](https://longbridge.com/en/quote/MTYY.US.md) - [SMST.US](https://longbridge.com/en/quote/SMST.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [07799.HK](https://longbridge.com/en/quote/07799.HK.md) - [09399.HK](https://longbridge.com/en/quote/09399.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) ## Related News & Research - [Strive Inc Expands Bitcoin Holdings and Adjusts Equity](https://longbridge.com/en/news/298916881.md) - [Strive buys additional 469 Bitcoin, pushing total holdings to 25,000 BTC](https://longbridge.com/en/news/298919149.md) - [Steak ‘n Shake’s Bitcoin bet posts double-digit sales growth](https://longbridge.com/en/news/298510530.md) - [Osmosis Took 74 Days To Discover A 40-BTC Nomic Exploit That Left Its Bitcoin-Backed Asset 36% Unbacked](https://longbridge.com/en/news/298903281.md) - [Strive CEO Matt Cole announces upcoming purchase of over 1,100 BTC](https://longbridge.com/en/news/298218808.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**