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Strive Buys Another 79 BTC, Bringing total to 20,000

Strive elevated its Bitcoin holdings from 19,921 to 20,000 from July 20 – 24, spending about $5.2 million at a median worth of $65,723 per coin plus charges. The firm adopted Bitcoin as a treasury asset in September of 2025 and now owns roughly $1.3 billion price.

Other company holders embody Strategy with over 843,000 BTC, Twenty One Capital with over 43,500, and Metaplanet with 43,000.

Reasons for the BTC Buy

Strive merged with Semler Scientific in January 2026, instantly absorbing over 5,000 BTC held by the agency. The deal was paid for in Strive inventory with no money concerned within the sale, that means Strive had money reserves to proceed its personal crypto accumulation.

By promoting ASST and SATA inventory, the corporate had two swimming pools of money to pursue the brand new acquisition coverage. Strive has licensed itself to elevate $4.2 billion in money in its capital elevate program, which it goals to convert into bitcoins as it’s raised.

It has money reserves of $157.4 million as of July, up from $154.1 million, with a quarterly web lack of $393.6 million. Strive is essentially targeted on growing its BTC-per-share quicker than spot BTC somewhat than merely accumulating cash, the identical methodology employed by Strategy, as corporations proceed to wager on crypto.

Swimming Against the Tide

Strive went public in 2025 after a reverse merger by way of Asset Entities, with Matt Cole turning into CEO. The NASDAQ-listed firm has been aggressive in its buying of BTC at the same time as different peer treasury corporations decelerate or offload their stack.

For instance, Satsuma Technology offered 579 BTC in December and voted this month to promote its remaining 668 BTC, derisking completely from crypto. Metaplanet paused purchases, whereas Smarter Web Company, Nakamoto, and a number of other different corporations additionally divested parts of their reserves.

Strategy additionally simply halted its BTC purchases, with the information coming the identical day because the Strive treasury acquisition.

The publish Strive Buys Another 79 BTC, Bringing total to 20,000 appeared first on CryptoPotato.

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