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Strive buys 18 BTC for $1.2 million, holdings reach 19,900 BTC

Strive buys 18 BTC for $1.2 million, holdings reach 19,900 BTC

An SEC filing showed the Dallas-based company added modestly to its bitcoin treasury, while reporting $154.1 million in cash and continued holdings of Strategy’s STRC preferred stock.

BTC

Fact Check
The primary SEC filing (asst-20260713.htm) directly confirms all claim elements: 18 BTC purchased, holdings reaching 19,900 BTC (up from 19,882), $154.1M cash and equivalents, and continued 505,000-share STRC preferred stock holding. The ~$1.2M purchase value is consistent (18 x $64,028 ≈ $1.15M). Bitcoin Magazine and BlockBeats independently corroborate the same figures, with BlockBeats citing CEO Matt Cole.
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Summary

Strive bought 18 bitcoin between July 6 and July 10 for about $1.2 million at an average price of roughly $64,028 per coin, lifting its treasury to 19,900 bitcoin, according to an 8-K filed with the Securities and Exchange Commission on Monday. The Dallas-based company reported $154.1 million in cash and cash equivalents as of July 10, up $700,000 from July 2, and said it still held 505,000 shares of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, or STRC, with a fair value of $44.2 million. Strive also said 7.83 million shares of its own Variable Rate Series A Perpetual Preferred Stock, trading as SATA, remain outstanding. The latest purchase was far smaller than earlier acquisitions and came at a lower bitcoin price than prior buying rounds as the company continues its push to build a large corporate bitcoin treasury while working through its planned acquisition of Semler Scientific.

Terms & Concepts
  • bitcoin treasury: A corporate strategy of holding bitcoin on the balance sheet as a reserve asset.
  • STRC: Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock.
  • 8-K: A filing companies use to disclose material events to the Securities and Exchange Commission.