Strive Buys 382 Bitcoin for $30M, Total Holdings Now Worth $1.2B

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Strive buys 382 <a href="https://minority-mindset.com/btc-usd/">Bitcoin</a> for $30m treasury

Between May 13th and 18th, Strive purchased an additional 382 Bitcoin for $30.3 million, increasing their total Bitcoin holdings to 15,391.

Summary

  • Strive acquired 382 Bitcoin at an average price of $79,348 per coin between May 13 and May 18, spending approximately $30.3 million to lift its total holdings to 15,391 Bitcoin.
  • The purchase cements Strive’s position as the ninth-largest publicly disclosed corporate Bitcoin holder, slotted between Hut 8 and Riot Platforms.
  • Strive disclosed a year-to-date Bitcoin Yield of 18.4% and an amplification ratio of 44.3%, with $87.3 million in cash and a $49.8 million position in Strategy’s STRC preferred stock.

I saw Strive, Inc. just made a big Bitcoin purchase. They filed an 8-K report saying they bought 382 Bitcoin for around $30.3 million between May 13th and 18th – that’s an average of about $79,348 per Bitcoin. Now they hold a total of 15,391 Bitcoin, which is worth roughly $1.2 billion at today’s prices. It’s good to see more companies adding Bitcoin to their balance sheets!

According to Strive’s chairman and CEO, Matthew Cole, SATA will be the first U.S. security to pay cash dividends on every business day, a milestone announced earlier this month.

The company is buying Bitcoin by issuing a special type of stock called Variable Rate Series A Perpetual Preferred Stock, and it currently has no traditional loans or debt.

Strive Bitcoin holdings grow to $1.2 billion

Strive has continued its Bitcoin buying spree, adding over 2,200 more since January 2026. Just two weeks ago, crypto.news reported that Strive’s holdings surpassed 15,000 Bitcoin after a $33.9 million purchase, and this latest acquisition increases that total even more.

Strive’s Bitcoin holdings are effectively leveraged. Its exposure to Bitcoin, when considering its market value and preferred stock issuances, is 44.3% higher than the actual amount of Bitcoin it holds.

As of their most recent report, the company has $87.3 million in cash and holds $49.8 million worth of preferred stock in Strategy (STRC). Their Bitcoin holdings have grown by 18.4% so far this year, taking into account any new shares issued.

As crypto.news reported, Strive announced that SATA will start making daily cash dividend payments on June 16th, with an annual rate of 13%. This is a first for the US financial market – no other investment has ever paid dividends every business day.

Who Strive is competing with in the corporate treasury race

Strive currently holds 15,391 Bitcoin, placing it between Hut 8 and Riot Platforms in terms of public corporate holdings. It’s about 300 Bitcoin behind Hut 8, while Strategy remains the largest holder with a substantial 843,738 Bitcoin.

Strive’s investment strategy is similar to Strategy’s: it gathers funds by issuing preferred stock, then uses that money to buy Bitcoin. Instead of tracking profits in dollars and cents, Strive measures its success by how much Bitcoin each share represents.

As of today, Bitcoin is trading around $77,000. Strive Asset Management bought 382 Bitcoin for about $79,348 each, meaning that particular purchase is currently worth slightly less. However, considering all of Strive’s Bitcoin holdings, their average purchase price is still lower than the current market price.

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2026-05-19 23:10