Strive eyes 175,000 BTC as daily fundraising hits $8.1M

• Strive raises $8.1 million daily to target 175,000 Bitcoin holdings via preferred stock.
• Strategy sells Bitcoin to fund dividends, reflecting new treasury management tactics.

On June 4, 2026, Cryptopolitan reported that Strive (NASDAQ: ASST) is raising $8.1 million per day through its SATA preferred stock program, positioning the company to acquire up to 175,000 Bitcoins valued at $15.5 billion based on current market prices. Strive recently purchased 2,500 coins and, as of June 1, holds 19,000 BTC, making it the seventh-largest public corporate Bitcoin holder, ahead of companies such as Coinbase and Riot Platforms.

Strive’s approach combines rapid fundraising and aggressive Bitcoin accumulation, with ambitions to increase its BTC holdings nearly tenfold. To achieve this scale, Strive must secure expanded regulatory filings, including SEC approval for a larger “at-the-market” offering. The company’s stock traded at $15.43 with a market cap of $1.19 billion, more than doubling in three months but still below its 2025 peak.

Meanwhile, CoinDesk reported on June 1, 2026, that Strategy (NASDAQ: MSTR), currently the largest corporate Bitcoin holder with 843,706 BTC, sold 32 Bitcoins (worth about $2.5 million) to fund dividends on its preferred stock. Executive Chairman Michael Saylor said this initiative is part of efforts to strengthen the appeal of Strategy’s STRC preferred stock. Walton, Strive’s chief risk officer, described the move as a prudent liquidity tactic, increasing Strategy’s cash reserves amid Bitcoin price volatility. Strategy’s market cap remained stable even as Bitcoin price dropped by 10% in the past month.

Strive’s scale and speed in acquiring Bitcoin may increase corporate demand and introduce volatility risks if other companies adopt similar strategies. Large purchases can tighten supply and support prices, but regulatory and capital market constraints remain a significant factor. Full realization of Strive’s plan depends on SEC approval, expanded disclosure, and further scrutiny as its total Bitcoin exposure and market influence grow.

These developments underscore the growing trend of institutional Bitcoin treasury management, with Strive pursuing aggressive accumulation and Strategy deploying tactical liquidity measures. The use of preferred stock for direct Bitcoin acquisitions signals evolving strategies in funding and asset management among major public companies.

As of June 4, 2026, 04:09 UTC, Bitcoin (BTC) is trading at $64,346.52, with a -2.91% change in 24-hour trading volume, according to CoinMarketCap.