Strive expanded its Bitcoin treasury with an $81.5 million purchase of 1,110 BTC, bringing its total holdings to 21,356 coins. ASST shares rose more than 8% on Monday, while the company’s cash balance also increased during the week.

The company bought the Bitcoin between Aug. 17 and Aug. 21 and paid an average price of $73,409 per BTC, including fees and expenses, according to an Aug. 24 SEC filing.

Strive acquired an additional 1,110 $BTC for $81.5M at an average cost of $73,409 per bitcoin, bringing total holdings to ₿21,356. $ASST $SATA pic.twitter.com/bPcbHzl3dH — Matt Cole (@ColeMacro) August 24, 2026

Strive acquired an additional 1,110 $BTC for $81.5M at an average cost of $73,409 per bitcoin, bringing total holdings to ₿21,356. $ASST $SATA pic.twitter.com/bPcbHzl3dH

Before the transaction, Strive held 20,246 BTC. With Bitcoin near $78,900 at the time of writing, the company’s full position was worth about $1.69 billion.

What Changed in Strive’s Bitcoin Treasury?

Cash and cash equivalents increased by $17.1 million to $171.9 million. Earlier this week, the figure was reported at $154.8 million, meaning cash rose by about 11% during the period.

Also Read: Bitcoin Price Reclaims 1,130-Day SMA as Bullish Cycle Signals Strengthen

The number of outstanding Class A shares rose by 3,646,300 to 79,890,888. SATA preferred shares increased by 441,313 to 8,270,815, while Class B shares remained unchanged at 9,792,535.

Effective common shares stood at 89.68 million, compared with 86.04 million previously. Assumed fully diluted shares totaled 92.95 million. Traditional warrants remained stable at 26.60 million underlying shares.

The filing includes shares sold by 4 p.m. ET that were scheduled for issuance on the next business day. However, it does not connect proceeds from those sales to the Bitcoin purchase.

Strive also held 505,000 shares of Strategy’s STRC preferred stock. The fair value of those holdings rose by $707,000 to $48.57 million during the week.

Chairman and CEO Matt Cole announced Strive’s 1,110 BTC purchase on X. During the buying period, he described Bitcoin as historically cheap and said Strive was comfortable taking more risk to acquire BTC.

Bitcoin priced in gold is reinforcing my view that the next Bitcoin cycle will be the strongest we have ever seen. The dollar thesis I wrote about below and the growing hunt for scarcity in an AI-driven world of abundance both point toward a powerful structural tailwind for… pic.twitter.com/4Y5WZhpANP — Matt Cole (@ColeMacro) August 24, 2026

Bitcoin priced in gold is reinforcing my view that the next Bitcoin cycle will be the strongest we have ever seen. The dollar thesis I wrote about below and the growing hunt for scarcity in an AI-driven world of abundance both point toward a powerful structural tailwind for… pic.twitter.com/4Y5WZhpANP

How Do ASST and SATA Track Strive’s Bitcoin Treasury?

ASST traded around $19.80 on Monday, up about 8.7%. During the session, the stock reached a high of $20.31 after opening at $18.76.

SATA traded at about $100.01, nearly matching its $100 par value. The share price does not prove that Strive plans to buy another large amount of Bitcoin.

A board director of ASST, Pierre Rochard, bought 15,900 shares of ASST on Aug. 14. Rochard paid $12.54 per share, making the purchase worth $199,386. The filing did not disclose the purpose of the transaction.

One week before the latest purchase, Strive acquired 79 Bitcoin for about $5 million. The company paid $63,231 per bitcoin.

Bitcoin was trading around $79,000 on Monday after briefly approaching $80,000. Strive disclosed the 1,110 BTC purchase for the period from Aug. 17 through Aug. 21.

The move increased Strive’s Bitcoin holdings and also increased the indirect BTC exposure of ASST investors. However, ASST represents equity in the company, not direct ownership of the Bitcoin itself.

SATA preferred shareholders have priority over common shareholders in the order of liquidation and dividends.

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