Strive purchased 759 Bitcoin for approximately $50 million between June 15 and June 21, completing the acquisition at an average price of around $65,850 per Bitcoin including fees and related expenses. The Dallas-based Bitcoin treasury company accelerated its accumulation strategy with this transaction, which marked its largest weekly Bitcoin purchase in several months. During the same reporting period, Strategy disclosed the purchase of 520 BTC, making this one of the rare occasions where Strive outpaced the industry leader in weekly accumulation. The purchase increased Strive's total Bitcoin holdings to 19,864 BTC, while the company also reported cash and cash equivalents rising to $144.5 million and Class A common shares outstanding expanding to 71.8 million.
Strive Purchases 759 Bitcoin at $65,850 Average Price
According to a filing with the US Securities and Exchange Commission, Strive acquired 759 BTC for approximately $50 million between June 15 and June 21. The company bought the coins at an average price of roughly $65,850 per Bitcoin, including fees and related expenses. The latest purchase increased Strive's total Bitcoin holdings to 19,864 BTC.
The acquisition is Strive's largest weekly Bitcoin purchase in several months. In the previous two reporting periods, the company acquired only 32 BTC and 73 BTC respectively, with those purchases totaling approximately $6.8 million.
While Strategy is still the largest corporate holder of Bitcoin globally, Strive managed to outpace its larger rival in terms of weekly accumulation. During the same reporting period, Strategy disclosed the purchase of 520 BTC.
Cash Reserves Increase to $144.5 Million
Strive's cash and cash equivalents increased from $141.4 million to $144.5 million during the reporting period. The number of Class A common shares outstanding grew by approximately 1.9 million to reach 71.8 million shares.
Beyond its direct Bitcoin holdings, Strive maintained exposure to Strategy through ownership of 505,000 shares of Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC. The fair value of this investment declined slightly during the reporting period to approximately $44.7 million.
Merger with Semler Scientific Contributed 5,048 BTC in January 2026
Strive entered the public Bitcoin treasury market through its merger with Semler Scientific in January 2026. That transaction contributed 5,048 BTC to the company's balance sheet and laid the foundation for its treasury-focused business model. Since then, Strive has steadily expanded its Bitcoin reserves, which surpassed 15,000 BTC in early May.
With close to 20,000 Bitcoin now on its balance sheet, the company is turning itself into one of the fastest-growing corporate Bitcoin holders in the market.
FAQ
What did Strive purchase between June 15 and June 21?
Strive purchased 759 Bitcoin for approximately $50 million at an average price of around $65,850 per Bitcoin including fees and related expenses. The acquisition increased the company's total Bitcoin holdings to 19,864 BTC.
How did Strive's weekly Bitcoin purchase compare to Strategy's?
During the same reporting period between June 15 and June 21, Strive purchased 759 BTC while Strategy disclosed the purchase of 520 BTC, making this one of the rare occasions where Strive outpaced the industry leader in weekly accumulation.
When did Strive enter the public Bitcoin treasury market?
Strive entered the public Bitcoin treasury market through its merger with Semler Scientific in January 2026. That transaction contributed 5,048 BTC to the company's balance sheet.
