Strive adds 1,109 BTC, becomes 7th-largest corporate…

Strive (ASST) purchased 1,109 BTC at an average price of roughly $76,989 per coin over the four days ended May 22, lifting its total holdings to 16,500 BTC and cementing its place as the seventh-largest publicly traded corporate holder of Bitcoin. The latest buy was disclosed in a Tuesday SEC filing.

Alongside the BTC accumulation, Strive reported cash and cash equivalents rising to $93.3 million from $87.3 million, while its holdings of Strategy Inc.'s STRC preferred stock edged up to over $50 million in value. The company is also evaluating a refresh of its at-the-market programs for both Class A common stock and SATA preferred stock — a signal that the capital raise engine is being primed for further Bitcoin purchases.