Strive, Inc. added 1,109 BTC to its corporate treasury between May 19 and May 22, 2026, according to a Form 8-K filed with the SEC on May 26. The company paid an average price of about $76,989 per bitcoin, including fees and expenses.
The purchase lifts Strive’s total holdings to 16,500 BTC and reinforces its position among public companies using bitcoin as a primary treasury reserve asset. The move follows a broader corporate accumulation trend, alongside activity from France-based Capital B and aggressive U.S. strategies associated with MicroStrategy.
Equity Expansion Supports Bitcoin Accumulation
Strive’s filing also showed a simultaneous expansion of its capital base. Class A common shares outstanding increased from 63,666,527 to 65,898,527 between May 18 and May 22.
That change indicates the company is using equity issuance capacity to support its digital asset treasury strategy. The treasury buildout is being paired with capital-structure adjustments, rather than treated as a standalone asset purchase.
Strive also reported a higher cash position during the same period. Cash and cash equivalents rose to $93.3 million as of May 22, up from $87.3 million on May 18.
The company’s position in Strategy Inc.’s Variable Rate Series A Perpetual Stretch Preferred Stock also increased slightly in value. The fair value of the STRC Stock position reached $50.1 million, adding another layer to Strive’s treasury and income-oriented holdings.
SATA Preferred Stock Adds Income Infrastructure
The bitcoin accumulation coincides with growth in Strive’s specialized digital credit products. Its SATA preferred stock is designed as a high-frequency income vehicle, with daily cash dividends intended to provide liquidity and compounding.
Outstanding SATA Stock increased from 5,244,421 to 5,759,719 during the reporting period. Strive is also evaluating a near-term refresh of its ATM programs, covering both Class A common stock and SATA Stock.
That potential refresh would allow further share issuance to support operations and future asset purchases. The structure gives Strive additional financing flexibility, but also keeps investor attention on dilution, treasury execution and dividend sustainability.
The company has also moved to simplify its balance sheet. Strive reported its 16,500 BTC as unencumbered, following a strategy of removing debt, leverage and margin exposure from its bitcoin holdings.
That unencumbered status matters for risk management. A debt-free bitcoin position reduces forced-sale pressure, helping stabilize the company’s core treasury infrastructure during volatile market conditions.
Daily dividend distributions for SATA preferred stock are scheduled to begin on June 16, 2026. The next test will be whether Strive can balance bitcoin accumulation, equity issuance and income-product execution without adding new balance-sheet fragility.