Strive buys 1,110 bitcoins for $81.5 million
Bitcoin is becoming increasingly entrenched in the balance sheets of listed companies. Strive has therefore just expanded its bitcoin treasury strategy through a major acquisition. This deal allows it to consolidate its positions during a period when investors are tracking every movement of capital. A financial mechanism like no other underpins this large-scale operation: capital allocation, shareholder exposure, and a reserve strategy are at the heart of the equation. What does Strive’s bitcoin offensive really reveal?
Strive (Nasdaq: ASST) buys 1,110 BTC for $81.5 million, its largest weekly purchase in several months.
The company boosts its total treasury to 21,356 BTC and now holds more than one bitcoin for every 1,000 created in history.
The announcement sends the ASST stock up more than 7% on Monday, August 24, extending the 13% gain recorded toward the end of the previous week.
Funded by share issuances (ASST and SATA), the company simultaneously strengthens its cash treasury to $171.9 million.
A record purchase of 1,110 bitcoins during a weekly rally
Based in Dallas, Texas, and listed on the Nasdaq under the ticker ASST, Strive filed with the Securities and Exchange Commission (SEC) this Monday, August 24, 2026, on an 8-K form as bitcoin approaches $80,000. The document reports the purchase of 1,110 BTC. The acquisition took place between August 17 and 21 for a total approximate amount of $81.5 million. Notably, the transaction was completed at an average price of $73,409 per unit, including expenses and fees. It is one of the largest weekly purchases made by this company in many months.
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