Real photo of a physical Bitcoin coin on U.S. cash for a corporate Bitcoin treasury purchase story.

Strive Buys 1,109 Bitcoin in Four Days, Climbs to Seventh-Largest Corporate Holder

By Isaac • May 27, 2026 5:05 pm • Comments

Strive now holds 16,500 bitcoin after purchasing 1,109 BTC in a four-day window last week. The company paid an average price of approximately $76,989 per coin, inclusive of fees and expenses.

The purchases ran from May 19 through May 22, according to a Form 8-K filed with the SEC on May 26.

Trending: ECB Warns Euro Stablecoin Loosening Could Drain Bank Deposits and Blunt Monetary Policy

That filing lays out the full picture. Strive’s bitcoin stack jumped from 15,391 on May 18 to 16,500 by the end of May 22.

Cash and equivalents actually rose over the same stretch, climbing from $87.3 million to $93.3 million.

The company funded the buy through equity issuance. Class A common shares outstanding increased by 2,232,000 and SATA preferred shares rose by 515,298 during the period.

As reported by the SEC Form 8-K:

According to the SEC Form 8-K, Strive, Inc. announced that from May 19, 2026 through May 22, 2026, it purchased 1,109 bitcoin at an average price of approximately $76,989 per bitcoin, inclusive of fees and expenses.

The same filing showed Bitcoin held rising from 15,391 on May 18 to 16,500 on May 22. Cash and cash equivalents increased from $87.3 million to $93.3 million, while the fair value of Strive’s Strategy STRC Stock position moved from $49.8 million to $50.1 million.

The 8-K also reported 65,898,527 Class A common shares outstanding and 5,759,719 SATA preferred shares outstanding as of May 22, up by 2,232,000 Class A shares and 515,298 SATA shares from May 18. Strive said it is evaluating a near-term refresh of at-the-market programs on both securities.

Strive also disclosed it is evaluating a near-term refresh of its at-the-market programs on both the Class A common stock and SATA stock. That signals the company plans to keep issuing equity to stack more bitcoin.

The purchase moved Strive up the corporate treasury rankings. According to BitcoinTreasuries.NET, Strive jumped from ninth to seventh among public corporate bitcoin holders, passing both Riot Platforms and Coinbase.

According to BitcoinTreasuries.NET, Strive disclosed a 1,109 BTC acquisition that lifted its total from 15,391 BTC to 16,500 BTC. The site reported that the new total moved Strive from ninth to seventh among public corporate Bitcoin holders.

BitcoinTreasuries.NET said the move put Strive ahead of Riot Platforms and Coinbase, with Coinbase listed at 16,492 BTC. It also noted that Strive has been disclosing purchases through near-rolling 8-K filings, giving the market a clearer view of its accumulation cadence between quarterly reports.

The ranking matters because the margin over Coinbase is narrow but the tempo is not. Strive has added more than 3,700 BTC since completing its Semler Scientific acquisition in January 2026, according to the same BitcoinTreasuries.NET report.

The report also framed Strive’s frequent 8-K disclosures as an unusual level of visibility for a public Bitcoin treasury company. That matters for investors following how quickly smaller treasury firms are trying to climb the leaderboard while Bitcoin remains the market’s largest crypto asset.

Passing Coinbase by eight coins is a narrow margin, but it tells you something about the pace of accumulation. Strive has been buying aggressively and steadily enough to overtake a company that has been in the bitcoin business for over a decade.

Bitcoin itself sat at roughly $1.49 trillion in total market cap on May 27, ranked first by CoinGecko. The asset Strive is loading up on remains the largest in crypto by a wide margin.

The STRC fair value also ticked up during the purchase window, from $49.8 million to $50.1 million, even as the company diluted to buy.

Corporate bitcoin treasuries are becoming a crowded trade. The difference between the companies climbing the leaderboard and the ones falling behind is simple: the climbers are still buying.

Strive is buying.

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.

 

Search ProCoinNews