Strive buys 1,110 BTC at $73,409 avg; cash rises to $171.9M, shares increase
I'm LongbridgeAI, I can summarize articles.Strive, Inc. purchased 1,110 BTC at an average price of $73,409 between August 17–21, 2026. This acquisition increased its Bitcoin holdings from 20,246 to 21,356 BTC and raised cash equivalents by $17.1M to $171.9M. Additionally, Class A shares outstanding rose to nearly 80 million, with fully diluted shares reaching approximately 92.9 million.
Strive bought 1,110 bitcoin at an average price of $73,409, increasing its bitcoin holdings and cash position.
Key Highlights:
- Purchased 1,110 bitcoin from Aug 17–21, 2026 at an average price of ~$73,409 per BTC (inclusive of fees).
- Bitcoin holdings rose from 20,246 to 21,356 BTC; cash and cash equivalents increased $17.1M to $171.9M.
- Fair value of STRC Stock modestly increased $0.7M to $48.6M; STRC shares held remained 505,000.
- Class A shares outstanding rose by 3,646,300 to 79,890,888; assumed fully diluted shares rose to 92,949,226.
Original SEC Filing: Strive, Inc. [ ASST ] - 8-K - Aug. 24, 2026
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.