Strive Adds 2,500 BTC After $185M Buy Amid Peer Sales

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Strive Adds 2,500 BTC After $185M Buy Amid Peer Sales — Image source: Unblock Media

Strive purchases 2,500 Bitcoin during price dip, boosting holdings by 15.2% and raising cash reserves.
Daily SATA dividends and expanded funding set firm apart from conservative peers selling BTC.

On June 2, 2026, CoinDesk reported that Strive (NASDAQ: STRV) acquired 2,500 Bitcoin worth approximately $185 million between May 23 and June 1, 2026. This purchase occurred during a Bitcoin price dip and increased Strive’s total holdings to 19,000 BTC, marking a 15.2% gain in its balance. Strive financed the acquisition mainly through issuing $175.4 million in new SATA preferred shares and $9.8 million in Class A common stock, according to SEC filings, strengthening cash reserves to $137.3 million even after the outlay.

Strive continues to pursue an aggressive treasury approach, outpacing institutional peers by maintaining steady Bitcoin accumulation amid volatile market conditions. The CEO confirmed ongoing plans to expand at-the-market funding programs and transition SATA preferred share dividends from monthly to daily, starting June 16. Management aims to use the daily payout system to smooth out buying pressure around ex-dividend dates and enable uninterrupted BTC acquisition.

Meanwhile, CoinDesk and Decrypt noted that Strategy (formerly MicroStrategy, NASDAQ: MSTR) sold 32 BTC for $2.5 million to fund STRC preferred stock dividends—the second such sale in its history. This rare divestment unsettled some investors and corresponded with Bitcoin’s spot price decline below $70,000, contrasting with Strive’s continued accumulation.

Strive’s preferred share issuance and flexible dividend schedule provide ongoing funding for its Bitcoin treasury, positioning it as a standout buyer against peers who have taken a more conservative approach, including divestitures. SEC filings and CEO disclosures confirm Strive plans to continue utilizing daily dividend payouts and expanded at-the-market funding to further grow its BTC holdings.

As of June 2, 2026, 22:09 UTC, Bitcoin (BTC) is trading at $67,347.17, with a -4.81% change in 24-hour trading volume, according to CoinMarketCap.