Strive stacks more bitcoin as ASST surges 133% in three months

Share This Post

Strive (ASST) purchased 1,109 bitcoin at an average price of roughly $76,989 per coin in the four days ended May 22, according to a Tuesday filing.

The latest acquisition brings the company’s total bitcoin holdings to 16,500 BTC, up from 15,391 BTC. Strive is now the seventh-largest publicly traded company holding bitcoin.

Alongside the increase in bitcoin holdings, Strive also reported higher cash and cash equivalents, which rose to $93.3 million from $87.3 million. The company’s holdings of Strategy Inc.’s STRC preferred stock also increased slightly in value to over $50 million.

The company also disclosed it is evaluating a refresh of its at-the-market programs tied to both its Class A common stock and SATA preferred stock, signaling additional flexibility for future capital raises and bitcoin purchases.

Shares of ASST have surged 133% over the past three months, dramatically outperforming other bitcoin treasury firms, though they remain lower by more than 90% from their 2025 high.

ASST is higher by 3% premarket alongside bitcoin’s rise back to $77,000 over the weekend.

Related Posts

Bitcoin May Rebound to Six-Figures Before October, BTC Price Technicals Suggest

Bitcoin (BTC) chart technicals suggest that the BTC price...

Trump Crypto Company to Back Fighter Bonuses in Stablecoins as Part of UFC Event

Some of the fighters in Sunday's Ultimate Fighting Championship...

Kraken launches U.S. perpetual futures as crypto derivatives move onshore

Much of the activity has occurred on offshore exchanges,...

Kraken Launches Bitcoin Perpetual Futures For U.S. Traders

Kraken has switched on perpetual futures trading...

Hyperliquid loses Anthropic, OpenAI markets as creator shuts down project

One of the biggest players that provides trading of...

Paradigm Leads $9 Million Round in Latin American Stablecoin App El Dorado

Paradigm has led a roughly $9 million round in...