Strive, Inc. increased its bitcoin holdings by 21 coins last week, boosting the treasury to 19,921 BTC and raising cash reserves to $157.4 million, according to an SEC filing dated July 20, 2026.

The Dallas-based company acquired the 21 bitcoins between July 13 and July 17 at an average price near $63,221 per coin, spending around $1.3 million. This purchase pushed the bitcoin balance from 19,900 to 19,921 BTC. Concurrently, cash and cash equivalents grew by $3.3 million from $154.1 million to $157.4 million during the same period.

The recent acquisition is a slowdown compared to the vigorous buying pace that grew Strive’s BTC stash past 19,000 throughout spring. Strive trades publicly on Nasdaq under the Class A ticker ASST and has a Variable Rate Series A Perpetual Preferred Stock listed as SATA. Outstanding Class A shares increased to 73,869,961 from 73,426,164 due to issuance via an at-the-market program. Class B shares slightly declined to 9,800,012, while SATA shares remained at 7,829,502.

The SEC filing also disclosed Strive’s holdings in Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), maintaining 505,000 STRC shares on both reporting dates. However, the fair value of this stake declined by $1.1 million to $43.1 million by July 17.

CEO Matthew Cole signed the report and reiterated the company’s aggressive stance on bitcoin accumulation, describing their intent to continue buying bitcoin 'hand over fist.' Strive finances its strategy primarily through perpetual preferred equity, which Cole believes shields the company from forced sales in volatile markets.

Strive’s growth originated from a merger between Strive Asset Management and Asset Entities, establishing a bitcoin treasury that later expanded via acquiring medical technology firm Semler Scientific. This all-stock deal, completed in January with shareholder approval, integrated Semler’s bitcoin assets, pushing total holdings beyond 12,000 BTC.

The new acquisitions were made at a cost below the company's earlier averages, supporting a long-term thesis on bitcoin's value. Despite expansion, Strive reported a $393 million loss during its first half as a public company, largely impacted by accounting rules applied to its bitcoin assets.