Strive Stock Soars After 1,110 Bitcoin Buy

Strive, Inc. bought 1,110 bitcoin last week, the Dallas-based company’s largest single-week purchase in months, lifting its treasury to 21,356 coins, according to Monday filing. 

The company’s stock (Nasdaq: ASST) soared following the news, with shares trading over 7% higher on Monday. Strive is an asset manager which rebranded in 2025 as the first publicly traded asset-management bitcoin treasury company. In January 2026, Strive completed the acquisition of Semler Scientific in an all-stock deal — the first instance of a publicly traded Bitcoin treasury company acquiring another publicly traded Bitcoin treasury company. 

An 8-K filing with the Securities and Exchange Commission revealed Strive made the buys from August 17 through August 21 at an average price of about $73,409 per bitcoin, including fees and expenses, for a total near $81.5 million. 

The buy raised Strive’s holdings roughly 5.5% from the 20,246 coins it reported in mid-August, and it lands at prices well above the low-$60,000 range the firm paid through most of the summer. 

Strive funded the purchase with proceeds from at-the-market offerings of its ASST and SATA shares. Cash and cash equivalents stood at $171.9 million, up from the $154.1 million the company reported in July.