{"id":29095,"date":"2026-05-19T20:51:29","date_gmt":"2026-05-19T20:51:29","guid":{"rendered":"https:\/\/bitunikey.com\/news\/strive-buys-382-bitcoin-for-30m-treasury\/"},"modified":"2026-05-19T20:51:35","modified_gmt":"2026-05-19T20:51:35","slug":"strive-buys-382-bitcoin-for-30m-treasury","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/strive-buys-382-bitcoin-for-30m-treasury\/","title":{"rendered":"Strive buys 382 Bitcoin for $30m treasury"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Strive added 382 Bitcoin for $30.3m between May 13 and 18, lifting its total holdings to 15,391 Bitcoin<\/p>\n<div id=\"cn-block-summary-block_d94024735f5ee2c69e89106ff1f7cb79\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Strive acquired 382 Bitcoin at an average price of $79,348 per coin between May 13 and May 18, spending approximately $30.3 million to lift its total holdings to 15,391 Bitcoin.<\/li>\n<li>The purchase cements Strive\u2019s position as the ninth-largest publicly disclosed corporate Bitcoin holder, slotted between Hut 8 and Riot Platforms.<\/li>\n<li>Strive disclosed a year-to-date Bitcoin Yield of 18.4% and an amplification ratio of 44.3%, with $87.3 million in cash and a $49.8 million position in Strategy\u2019s STRC preferred stock.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Strive, Inc. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/bitcoinmagazine.com\/news\/strive-stacks-another-382-btc\" target=\"_blank\" rel=\"nofollow\">disclosed<\/a> via an 8-K filing on May 19 that it acquired 382 Bitcoin for approximately $30.3 million between May 13 and May 18, at an average cost of $79,348 per coin. The purchase lifts the Dallas-based firm\u2019s total Bitcoin treasury to 15,391 Bitcoin, valued at roughly $1.2 billion at current prices.<\/p>\n<p>\u201cSATA will be the first listed security in the history of U.S. capital markets to pay cash dividends every single Business Day,\u201d said Matthew Cole, chairman and CEO of Strive, in a related disclosure earlier this month. <\/p>\n<p>The firm has been funding its Bitcoin accumulation through issuances of its Variable Rate Series A Perpetual Preferred Stock, maintaining no traditional debt on its balance sheet.<\/p>\n<h2 class=\"wp-block-heading\">Strive Bitcoin holdings grow to $1.2 billion<\/h2>\n<p>The latest purchase continues a buying streak that has added more than 2,200 Bitcoin to Strive\u2019s treasury since January 2026. As crypto.news reported two weeks ago, Strive had crossed 15,000 Bitcoin after a $33.9 million purchase, with the current addition extending the position further. <\/p>\n<p>Strive\u2019s amplification ratio stands at 44.3%, meaning its Bitcoin exposure relative to market value exceeds its holdings at face value through SATA preferred stock issuances.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>The company reported $87.3 million in cash as of the latest filing and a $49.8 million stake in Strategy\u2019s STRC preferred stock. Year-to-date Bitcoin Yield stands at 18.4%, measuring Bitcoin exposure growth per share adjusted for dilution. <\/p>\n<p>As crypto.news covered, Strive also announced this month that SATA will begin daily cash dividend payments on June 16, at a 13% annualised rate \u2014 the first security in US capital markets history to pay cash dividends every business day.<\/p>\n<h3 class=\"wp-block-heading\">Who Strive is competing with in the corporate treasury race<\/h3>\n<p>At 15,391 Bitcoin, Strive sits between Hut 8 and Riot Platforms on the public corporate holder ranking, with the gap to Hut 8 now approximately 300 Bitcoin. Strategy remains the dominant holder with 843,738 Bitcoin. <\/p>\n<p>The accumulation model Strive follows mirrors Strategy\u2019s equity-funded approach: raise capital through preferred stock, convert it to Bitcoin, and measure performance in Bitcoin-per-share terms rather than traditional earnings metrics.<\/p>\n<p>The Bitcoin price at roughly $77,000 at time of writing means the 382 Bitcoin purchased at $79,348 represents a modest unrealised loss on this specific tranche, though Strive\u2019s average cost basis across its full position remains below current market levels based on its accumulation history.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strive added 382 Bitcoin for $30.3m between May 13 and 18, lifting its total holdings to 15,391 Bitcoin Summary Strive acquired 382 Bitcoin at an average price of $79,348 per&hellip;<\/p>\n","protected":false},"author":1,"featured_media":28630,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-29095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=29095"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29095\/revisions"}],"predecessor-version":[{"id":29096,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/29095\/revisions\/29096"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/28630"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=29095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=29095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=29095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}