{"id":74400,"date":"2026-06-22T17:46:53","date_gmt":"2026-06-22T17:46:53","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/50m-bitcoin-purchase-reveals-strives-latest-move-in-public-treasury-race-bitcoin-news\/"},"modified":"2026-06-22T17:46:53","modified_gmt":"2026-06-22T17:46:53","slug":"50m-bitcoin-purchase-reveals-strives-latest-move-in-public-treasury-race-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/50m-bitcoin-purchase-reveals-strives-latest-move-in-public-treasury-race-bitcoin-news\/","title":{"rendered":"$50M Bitcoin Purchase Reveals Strive\u2019s Latest Move in Public Treasury Race \u2013 Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Strive bought 759 bitcoin for $50M from June 15-21, lifting holdings to 19,864 BTC.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">ASST\u2019s 1-year gain of 85.30% shows bitcoin leverage, though dilution risk remains.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Strive\u2019s SATA strategy offers 13% APR as management pursues more BTC per share in 2026.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Strive Adds $50M in <span>BTC<\/span><\/h2>\n<p>The Nasdaq-listed company <a href=\"https:\/\/news.bitcoin.com\/strive-buys-2500-bitcoin-holdings-reach-19k-btc-as-4-2b-funding-plan-advances\/\">Strive<\/a>, which trades under ASST, said it purchased the <span>bitcoin<\/span> between June 15 and June 21, paying an average price of roughly $65,850 per <span>BTC<\/span>, including fees and expenses.<\/p>\n<p>The purchase cost about $50 million and lifted Strive\u2019s reported holdings to 19,864 <span>BTC<\/span>, up from 19,105 <span>BTC<\/span> as of June 12. The purchase places Strive as the seventh-largest <span>bitcoin<\/span> treasury company, above <a href=\"https:\/\/news.bitcoin.com\/prediction-markets-hit-record-10-8-billion-week-as-spacex-ipo-world-cup-drive-surge\/\">SpaceX<\/a> and below <span>Bullish<\/span>, according to <a href=\"https:\/\/bitcointreasuries.net\" target=\"_blank\" rel=\"noopener noreferrer\">bitcointreasuries.net<\/a> stats.<\/p>\n<figure id=\"attachment_825279\" aria-describedby=\"caption-attachment-825279\" style=\"width:1360px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-825279\" class=\"wp-caption-text\">Strive CEO Matt Cole on X sharing the firm\u2019s latest purchase announcement.<\/figcaption><\/figure>\n<p>Strive disclosed the acquisition in a <a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/0001920406\/000162828026044484\/asst-20260622.htm\" target=\"_blank\" rel=\"noopener noreferrer\">Form 8-K<\/a> filed with the U.S. Securities and Exchange Commission on June 22, 2026. The filing was signed by Chairman and CEO Matthew Cole. The company also reported cash and cash equivalents of $144.5 million, up from $141.4 million, while Class A common shares increased by about 1.89 million shares.<\/p>\n<h2>A Treasury Model Built Around <span>BTC<\/span><\/h2>\n<p>The filing continues Strive\u2019s pattern of acquiring <span>bitcoin<\/span> through equity offerings and preferred stock while avoiding debt. For investors, that makes the stock a BTC-linked vehicle with a different risk profile than simply holding <span>bitcoin<\/span> directly.<\/p>\n<p>Strive\u2019s stated objectives are to accumulate <span>bitcoin<\/span>, increase <span>bitcoin<\/span> per share, and attempt to outperform <span>bitcoin<\/span> over time through treasury accumulation, structured finance, and active capital allocation.<\/p>\n<p>That approach gives ASST a clear crypto-market identity, but it also leaves shareholders watching two variables at once: <span>bitcoin<\/span> price action and whether new share issuance adds more <span>BTC<\/span> per share than it dilutes.<\/p>\n<h2>Recent Buying Pattern<\/h2>\n<p>The latest purchase follows several earlier 2026 acquisitions. Strive bought about 2,500 <span>BTC<\/span> in late May and early June at an average price near $74,092, 73 <span>BTC<\/span> in mid-June at about $63,646 and 1,109 <span>BTC<\/span> in May at around $76,989.<\/p>\n<p>The steady accumulation has made Strive one of the larger public corporate <span>bitcoin<\/span> holders, even as the company remains far younger than peers such as <a href=\"https:\/\/news.bitcoin.com\/strategy-grabs-520-more-bitcoin-for-35m-despite-sitting-nearly-10b-underwater\/\">Strategy<\/a>. Michael Saylor\u2019s Strategy revealed the purchase of 520 <span>BTC<\/span> on the same day.<\/p>\n<p>Strive\u2019s current structure followed a September 2025 reverse merger with Asset Entities Inc., a smaller Nasdaq-listed digital marketing and content company. The combined company now operates as a public <span>bitcoin<\/span> treasury and structured finance firm.<\/p>\n<h2>What It Means for ASST<\/h2>\n<p>ASST is up 3% midday on June 22 but has lost 20% this past month. Shares are down more than 84% over the last 12 months as well. The shares remain highly <span>volatile<\/span> and closely tied to <span>bitcoin<\/span>\u2019s price, treasury updates, and dilution concerns.<\/p>\n<figure id=\"attachment_825282\" aria-describedby=\"caption-attachment-825282\" style=\"width:1996px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-825282 size-full\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/asst_2026-06-22_12-20-07.png\" alt=\"\" width=\"1996\" height=\"928\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/asst_2026-06-22_12-20-07-300x139.png 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/asst_2026-06-22_12-20-07-1024x476.png 1024w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/asst_2026-06-22_12-20-07-768x357.png 768w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/asst_2026-06-22_12-20-07-1536x714.png 1536w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/06\/asst_2026-06-22_12-20-07.png 1996w\" sizes=\"auto, (max-width: 1996px) 100vw, 1996px\"\/><figcaption id=\"caption-attachment-825282\" class=\"wp-caption-text\">Strive shares on June 22, 2026, via Tradingview.<\/figcaption><\/figure>\n<p>Strive\u2019s SATA preferred stock is another key piece of the funding strategy. The preferred equity instrument recently offered a 13% <span>APR<\/span>, with dividends shifting to daily payments in mid-June 2026.<\/p>\n<p>The company positions SATA as a lower- <span>volatility<\/span> income vehicle that can help fund <span>bitcoin<\/span> purchases, while its common equity offers a more direct way to speculate on <span>bitcoin<\/span> treasury growth and execution.<\/p>\n<p>The risk is straightforward: <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-volatility\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volatility<\/a>, regulatory pressure, capital-raising dilution, and execution risk can all cut against the strategy. The upside case depends on Strive growing <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> per share while preserving <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">liquidity<\/a> and avoiding leverage-driven stress.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/50m-bitcoin-purchase-reveals-strives-latest-move-in-public-treasury-race\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Strive bought 759 bitcoin for $50M from June 15-21, lifting holdings to 19,864 BTC. ASST\u2019s 1-year gain of 85.30% shows bitcoin leverage, though dilution risk remains. Strive\u2019s SATA strategy offers 13% APR as management pursues more BTC per share in 2026. Strive Adds $50M in BTC [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":74401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74400"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=74400"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/74400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/74401"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=74400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=74400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=74400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}