Strive Adds $4.2B, Climbs Bitcoin Rankings with Record Buy


Strive Adds $4.2B, Climbs Bitcoin Rankings with Record Buy
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  • Strive Inc (NASDAQ: ASST) expanded its at-the-market offerings by $4.2 billion and purchased 2,649 BTC, pushing its holdings to 16,500 BTC and elevating its Bitcoin reserve ranking.
  • The company now ranks seventh globally for public Bitcoin holdings, surpassing Coinbase and Riot Platforms, and boosted its SATA dividend to 13% annualized.

On June 2, 2026, Cryptopolitan reported that Strive Inc (NASDAQ: ASST) made its largest single week of Bitcoin acquisitions, buying 2,649 BTC and raising its total treasury to approximately 16,500 BTC. The company simultaneously announced a $4.2 billion expansion of its at-the-market (ATM) equity offerings, supporting both treasury growth and increased investor liquidity. These moves come amid strong demand for Strive’s preferred and common stock and position the company ahead of major players like Coinbase and Riot Platforms in global Bitcoin rankings.

Strive’s CEO emphasized the scale of this operation, noting, “Our record BTC acquisition, alongside significant funding expansion, demonstrates our commitment to building sustainable enterprise value and innovative rewards for shareholders.” The company conducted its largest one-day purchase on June 2, acquiring 1,179 BTC worth $86.65 million in a single transaction.

The majority of recent treasury additions were financed through Strive’s SATA preferred stock, which will begin paying out daily dividends at a 13% annualized rate starting June 16, 2026. The ATM program included $2.1 billion each for new Class A common shares and SATA preferred shares, backed by fresh SEC filings.

According to BitcoinTreasuries.net, Strive’s Bitcoin holdings are valued at roughly $1.2 billion at an average purchase price of $73,000 per BTC. As of June 2, 2026, 03:09 UTC, Bitcoin (BTC) trades at $70,896.69, down 4.019% over 24 hours per CoinMarketCap.

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Article Info
Category
Market
Published
2026-06-02 03:11
NFT ID
PENDING
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