Strive buys 79 Bitcoin, increasing total holdings to 20,246 BTC

Strive, the Dallas-based asset management firm trading on Nasdaq under the ticker ASST, has added another 79 Bitcoin to its corporate treasury. The purchase brings the company’s total BTC holdings to 20,000, cementing its position among the largest public-company Bitcoin holders on the planet.

For a firm managing nearly $3 billion in assets under management, the 79 BTC buy is relatively modest.

A drip-feed strategy with real weight behind it

The company’s recent purchase history tells the story. In mid-June, Strive scooped up 759 BTC for approximately $50 million. A smaller 21 BTC buy followed in mid-July. Then came this latest 79 BTC acquisition, executed between July 20 and July 24 at an average price of roughly $65,723 per coin, fees included.

That mid-July batch cost about $5.2 million, against a company with $154 million in cash reserves as of late July. Each purchase nudges the firm’s Bitcoin-per-share ratio higher, which is the metric Strive has chosen to emphasize as its performance benchmark.

As of mid-August 2026, Strive’s Bitcoin holdings ranged from 19,999 to 20,167 BTC, valued at approximately $1.26 billion to $1.3 billion depending on market conditions. That positions the company roughly between 7th and 12th among the largest corporate Bitcoin holders globally.

The Semler Scientific merger changed everything

The pivotal moment came in September 2025, when the firm completed an all-stock merger with Semler Scientific. That deal added thousands of BTC to Strive’s balance sheet in one shot, transforming it from a conventional asset manager into something more closely resembling a Bitcoin holding company with a traditional finance business attached.

The merger effectively created what Strive bills as the first publicly traded asset management company built around a Bitcoin treasury strategy. The company has leaned into this identity with products like its SATA preferred stock, which pays daily dividends.

What the corporate Bitcoin race looks like now

For investors, companies like Strive offer Bitcoin exposure through a traditional equity wrapper, without needing to custody tokens, navigate crypto exchanges, or manage private keys. The trade-off is that you’re also buying the company’s operating business, its management team, and whatever premium or discount the market assigns to the stock relative to its net asset value.

The $154 million cash position suggests Strive has dry powder for additional purchases. At the $65,723 average price from the latest buy, that cash could theoretically acquire another 2,300 BTC or so, though the company presumably needs to retain operating capital for its asset management business.

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