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Strive raises Bitcoin holdings to 19,032 BTC after 32-BTC purchase

Strive raises Bitcoin holdings to 19,032 BTC after 32-BTC purchase

The company spent about $2.1 million on 32 bitcoin in early June, taking holdings to 19,032 BTC as executives and market commentators addressed Bitcoin’s broader selloff and weakening institutional inflows.

BTC

Fact Check
The claim is directly confirmed by Strive's CEO Matt Cole (@ColeMacro) in a post amplified by Strive's official @Strive account, stating Strive acquired an additional 32 BTC at an average cost of ~$63,911. BWENews reports the same figures sourced to a Reuters wire on a Strive SEC filing covering June 2-7, 2026. Odaily and BlockBeats independently corroborate the same numbers.
Summary

Strive, Inc. said it bought 32 bitcoin for about $2.1 million, increasing its holdings from 19,000 BTC to 19,032 BTC. The company said the purchase was made between June 2 and June 7 at an average price of about $63,900 per bitcoin; earlier market information cited roughly $63,911, broadly consistent with the later disclosure. Over the same period, cash and cash equivalents rose to about $139.2 million from about $137.3 million, while the fair value of its Strategy Inc. Variable Rate Series A Perpetual Stretch Preferred Stock fell to about $47.2 million from about $49.5 million. The purchase came as Bitcoin traded near $62,600 after a drop of more than 20% from early May levels, while CEO Matt Cole and former Binance chief Changpeng Zhao, known as CZ, pushed back against bearish sentiment and Bernstein said 2026 Bitcoin ETF and treasury inflows had weakened as capital rotated into artificial intelligence.

Terms & Concepts
  • BTC: Ticker symbol commonly used for Bitcoin.
  • Spot BTC ETFs: Funds holding Bitcoin directly.
  • cash equivalents: Highly liquid short-term assets that can be readily converted into cash.