Strive Buys 79 Bitcoin, Expands Its $1.27B Corporate BTC War Chest

The Dallas-based public asset manager accumulated the bitcoin (BTC) between Aug. 10 and Aug. 14 at an average cost of roughly $63,231 per coin, including fees and expenses. With bitcoin recently changing hands near $62,895, the company’s entire stash was valued at roughly $1.273 billion.

CEO and Chairman Matt Cole disclosed the purchase on Aug. 17 on X and pointed investors toward the company’s Securities and Exchange Commission filing for further details. The deal keeps Strive firmly among the largest public-company bitcoin holders, ranking roughly seventh based on reported corporate treasuries.

Strive Keeps Its Bitcoin Machine Running

The latest buy barely moves the needle against Strive’s existing stack, but it extends a playbook centered on relentlessly adding bitcoin. Instead of firing its capital at one price, the company has accumulated bitcoin across multiple transactions throughout 2026.

Strive was co-founded by the entrepreneur and politician Vivek Ramaswamy and is now run operationally by Cole. Its bitcoin strategy shifted into higher gear following an all-stock merger with Semler Scientific, which dropped a sizable bitcoin position directly onto Strive’s balance sheet.

The company has also tapped at-the-market (ATM) stock sales and its own preferred shares to finance additional bitcoin acquisitions. At-the-market programs let a public company feed shares gradually into the open market rather than unloading a massive stock offering all at once.