Strive, Inc. shares climbed to approximately $27.70, lifting the company’s market capitalization into the $2.5 billion to $3 billion range and making it one of the fastest-growing corporate Bitcoin holders. The NASDAQ-listed company, trading under ticker ASST, holds roughly 24,531 BTC valued at nearly $1.9 billion, ranking it as the fifth-largest public corporate Bitcoin holder. Strive bought 1,375 BTC for around $109 million in the week ending September 4, 2026, as part of a pattern of weekly purchases exceeding 1,000 BTC. Its buying is funded partly through SATA, a perpetual preferred stock instrument that pays a 13% annualized dividend. With roughly $1 billion in SATA notional outstanding, the structure provides capital for Bitcoin purchases without diluting common shareholders in the same way as a traditional equity raise. Strive became public through a reverse merger on September 12, 2025, transitioning from an asset management firm into a Bitcoin treasury company. CEO Matt Cole has indicated that becoming the second-largest public corporate Bitcoin holder by year-end 2026 is feasible. Strive has also surpassed Metaplanet in market capitalization despite holding significantly less Bitcoin, suggesting investors are valuing its accumulation strategy and financing framework alongside its existing holdings.