Strive Invests $34M in Bitcoin Amid Treasury Strategy Shift

Strive Asset Management recently announced compelling quarterly results, revealing a Bitcoin yield of 4.3% and an impressive yearly performance of 18.7%, coinciding with notable purchases in the cryptocurrency market.

A Commitment to Accumulation

On Monday, CEO Matt Cole revealed that Strive acquired 444 BTC for approximately $34 million, translating to an average price of about $76,307 per coin.

The recent acquisition boosts Strive’s total Bitcoin holdings to around 15,000 BTC, ranking it ninth among publicly disclosed Bitcoin treasury holders globally. This positions Strive just behind Coinbase and ahead of mining company Hut 8.

This transaction follows another significant purchase on April 27, where Strive acquired 789 BTC for just over $61 million, averaging nearly $77,890 per coin.

Together, these two transactions have seen Strive spend close to $95 million in just two weeks. This buy-and-hold strategy mirrors the approach adopted by Michael Saylor’s Strategy over the years, although Strive’s holdings remain significantly smaller.

Following Monday’s announcement, ASST shares experienced a rise of 0.87%, trading at $16.45.

Strategy’s Temporary Pause

While Strive was actively adding to its Bitcoin holdings, Strategy took a brief pause from purchasing. CEO Michael Saylor announced that no Bitcoin was acquired during the past week, concluding a streak of four consecutive weeks of purchases. He indicated that buying might resume shortly.

This pause drew attention given Strategy’s previous consistency in acquisitions. Such breaks in routine are closely monitored, but reports suggest that this is a temporary measure rather than a fundamental shift in the company’s Bitcoin strategy.

New Shares, New Opportunities

Strive also provided updates on its SATA share issuance. In April 2026, the company issued 584,730 SATA shares that are directly linked to its Bitcoin acquisition strategy.

Reports indicate that Strive’s amplification ratio, a metric used to measure the efficiency of converting capital into Bitcoin exposure, currently stands at 43%.

The SATA structure resembles the financial instruments that Strategy has utilized for its Bitcoin purchases, offering investors a unique way to gain exposure to Bitcoin through equity rather than direct ownership.

Though Strive has not disclosed a specific target for its Bitcoin holdings, the rapid pace of buying suggests that the company’s accumulation plan is far from complete.

Featured image from Unsplash, chart from TradingView

Emily Walker
Crypto News Editor

Emily brings structure, clarity, and journalistic integrity to Bitrabo’s daily news coverage. With years of experience in tech journalism, she ensures that every headline, update, and developing story is accurate and impactful. From breaking regulatory news to market movements, Emily’s editorial oversight keeps Bitrabo’s news content timely, trusted, and engaging.