ASST sees a 133% rise in three months as Strive expands its bitcoin portfolio and considers new capital raising strategies.
By James Van Straten|Edited by Stephen AlpherUpdated May 26, 2026, 12:48 p.m. Published May 26, 2026, 12:46 p.m. 1 min readMake preferred onKey Details:
- Strive has become the seventh-largest publicly traded corporate holder of bitcoin following its acquisition of 1,109 BTC.
- The company is looking into new at-the-market programs for its Class A common stock and SATA preferred stock.
Strive (ASST) purchased 1,109 bitcoin at an average cost of approximately $76,989 per coin during the four-day period ending May 22, as noted in a filing.
This latest purchase raises Strive’s total bitcoin holdings to 16,500 BTC, an increase from 15,391 BTC. Strive is now positioned as the seventh-largest publicly traded bitcoin holder.
In addition to increasing its bitcoin assets, Strive has also reported a rise in cash and cash equivalents, which increased to $93.3 million from $87.3 million. The value of its holdings in Strategy Inc.’s STRC preferred stock has also seen a slight uptick, exceeding $50 million.
Furthermore, the company has indicated that it is considering refreshing its at-the-market programs related to its Class A common stock and SATA preferred stock, which could provide more flexibility for future capital raises and additional bitcoin acquisitions.
Shares of ASST have experienced a remarkable 133% increase over the past three months, significantly outperforming other firms holding bitcoin, although they remain more than 90% lower than their peak in 2025.
ASST shares rose by 3% in premarket trading, correlating with bitcoin's rebound to $77,000 over the weekend.
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