The filing: 32 BTC bought for about $2.1 million
Strive, Inc. (Nasdaq: ASST) said in a Form 8-K filed with the U.S. Securities and Exchange Commission that it bought 32 bitcoin between June 2 and June 7, 2026. The company pegged the average cost at roughly $63,911 per coin. That figure includes fees and expenses, and the total outlay came to about $2.1 million, according to Bitcoin Magazine.
This brings Strive’s bitcoin holdings from about 19,000 BTC to 19,032 BTC.
The symmetry: same 32 BTC number as a recent offload
Bitcoin Magazine points out an irony in the timing. Strive purchased exactly 32 bitcoin this week, the same number Strategy offloaded two weeks ago in its first bitcoin sale in years. That detail matters less for price and more for narrative. Corporate bitcoin flows tend to get read as signals by markets, even when the underlying motives stay private. Here, the symmetry gives investors a headline to chase.
Still, Strive’s buy price also sits in a different range than its prior large acquisition.
Cost basis down from the May round
Strive previously acquired 2,500 bitcoin between May 23 and June 1 at an average cost of $74,092 per coin. Bitcoin Magazine describes that $185.2 million transaction as funded almost entirely through proceeds from Strive’s Variable Rate Series A Perpetual Preferred Stock, trading under Nasdaq ticker SATA.
By contrast, the latest 32 BTC purchase at $63,911 per coin implies a roughly 14% reduction in cost basis versus that earlier round. Bitcoin Magazine ties the lower average price to softness in bitcoin’s spot price during the reporting window, not to any change in how Strive executes.
Balance sheet moves: cash up, STRC fair value down
The same 8-K also showed a modest balance sheet shift. Strive’s cash and cash equivalents rose from about $137.3 million as of June 1 to about $139.2 million as of June 5, an increase of roughly $1.9 million, per Bitcoin Magazine.
At the same time, the fair value of Strive’s position in Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock (ticker STRC) fell from about $49.5 million to $47.2 million between those dates. Bitcoin Magazine notes the number of STRC shares held stayed unchanged at 505,000.
Share counts also moved. Class A common shares outstanding rose from 69,089,145 to 69,410,645, an increase of 321,500 shares. Class B common stock and SATA preferred shares held steady at 9,780,018 and 7,513,907 shares, respectively, according to Bitcoin Magazine.
Bitcoin Magazine links the Class A increase to continued activity under Strive’s at-the-market equity program. That program has been used to fund bitcoin purchases across 2026.
Equity pipeline and corporate accumulator status
Strive has leaned into a repeatable funding loop. Bitcoin Magazine says it positioned itself as one of the more active corporate bitcoin accumulators among publicly traded companies, and that as of early June 2026 it ranked seventh among public corporate bitcoin holders globally.
It also appears to be scaling the machinery. In late May, CEO Matt Cole announced plans to increase both Strive’s ASST and SATA at-the-market programs by $2.1 billion each, which Bitcoin Magazine characterizes as a response to sustained demand for the company’s listed securities.
Key figures from Strive’s disclosures
| Item | Detail | Source |
|---|---|---|
| Bitcoin purchase window | June 2 to June 7, 2026 | Bitcoin Magazine (8-K) |
| Bitcoin bought | 32 BTC | Bitcoin Magazine (8-K) |
| Average purchase cost | ~$63,911 per coin (incl. fees and expenses) | Bitcoin Magazine (8-K) |
| Total outlay | ~ $2.1 million | Bitcoin Magazine (8-K) |
| BTC holdings after purchase | 19,032 BTC | Bitcoin Magazine |
| Prior large purchase | 2,500 BTC, $74,092 average | Bitcoin Magazine |
| Cash change | ~$137.3M to ~$139.2M (June 1 to June 5) | Bitcoin Magazine |
| STRC fair value change | ~$49.5M to ~$47.2M (shares unchanged at 505,000) | Bitcoin Magazine |
| Class A shares outstanding | 69,089,145 to 69,410,645 | Bitcoin Magazine |
| ASST and SATA ATM expansion | +$2.1B each (announced late May) | Bitcoin Magazine |
What to watch next
This wasn’t a mystery trade. It was disclosed via SEC filing, with specific purchase timing, average price, and funding mechanics. If you’re tracking corporate bitcoin exposure, Strive’s bigger story is how it keeps buying through at-the-market programs and preferred-stock proceeds.
Bitcoin Magazine also reports Strive shares were up about 7% in premarket trading. That’s a market reaction, not a validation of strategy. Assets tied to bitcoin and equity issuance carry risk in both directions, and filings only tell you what happened, not what the market will do with it tomorrow.