Strive Deepens Bitcoin Bet With Fresh 1,109 BTC Purchase

Jeff Walton thinks the concept is nearly too easy. The chief threat officer at Strive Asset Management mentioned this week that Bitcoin-backed securities may reshape how folks take into consideration cash and credit score — and that skepticism across the sector partly stems from how simple the idea appears.

A Growing Class Of Yield-Bearing Products

Strive is just not alone in betting on that concept. The Dallas-based agency has joined a area of corporations issuing most popular securities tied to Bitcoin treasury holdings, a class that issuers are calling “digital credit score.”

Strategy, the world’s largest company Bitcoin holder, affords 4 such merchandise: STRC, STRD, STRF, and STRK, with STRC rising because the dominant instrument since its launch in July 2025.

Strive’s personal entry into that area, its SATA most popular shares, carries a 13% annualized dividend charge and was described by the corporate as the primary listed US safety structured to pay dividends each enterprise day.

The agency just lately cleared all excellent debt and introduced that day by day dividend funds on SATA would start in June. SATA’s market capitalization at present sits at round $332 million, a fraction of STRC’s greater than $10 billion.

Strive Climbs The Bitcoin Treasury Rankings

The fresh purchase places Strive at 16,500 BTC whole, in keeping with a Securities and Exchange Commission submitting overlaying the interval of May 19 to 22.

At present valuations, that positions the agency seventh amongst public corporations holding Bitcoin on their stability sheets, with roughly $1.3 billion in BTC.

The firm additionally reported about $93 million in money and money equivalents as of May 22, together with roughly $50.1 million in truthful worth tied to its holdings of Strategy’s STRC product.

Strive additionally grew its Class A standard shares excellent by greater than 2 million throughout the interval, whereas SATA most popular share depend rose by about 515,000, reflecting continued use of equity-linked financing to fund Bitcoin acquisitions.

The firm mentioned it’s evaluating refreshed at-the-market inventory sale packages that would assist additional purchases.

The Broader Digital Credit Push

STRC recorded a single-day buying and selling quantity of $1.53 billion earlier this month, a report for the product. Strategy chairman Michael Saylor referred to as STRC the corporate’s important automobile for funding Bitcoin purchases in 2026, and shareholders are set to vote quickly on a proposal to shift dividend funds to twice month-to-month.

Strive was based by Vivek Ramaswamy, who ran for US president earlier than pivoting to a Republican gubernatorial marketing campaign in Ohio.

Featured picture from Getty Images, chart from TradingView