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Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC

By Vivian Nguyen · Published June 2, 2026 · 2 min read · Source: Crypto Briefing
Bitcoin
Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC

Photo: Strive Funds

Strive buys 2,500 Bitcoin for $185 million, holdings top 19,000 BTC

Despite a 17% year-to-date rally, the stock remains deeply in the red over the past year.

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Add us on Google by Vivian Nguyen Jun. 2, 2026

Strive on Tuesday announced the purchase of 2,500 additional Bitcoin for approximately $185 million, bringing its total holdings to 19,000 BTC. The company acquired Bitcoin between May 23 and June 1 at an average cost of $74,092 per coin.

Strive acquired an additional 2,500 $BTC for ~$185.2M at an average cost of ~$74,092 per bitcoin.

STRIVE SNAPSHOT
Bitcoin holdings: 19,000
QTD BTC Yield: 23.0%
YTD BTC Yield: 36.7%
Amplification ratio: 57.0%

Cash was increased to maintain 18-month dividend reserve.$ASST $SATA pic.twitter.com/eTPHmMHBh1

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— Matt Cole (@ColeMacro) June 2, 2026

The purchase represents the latest expansion of Strive’s Bitcoin treasury strategy. Following the acquisition, the company reports a quarter-to-date Bitcoin yield of 23% and a year-to-date Bitcoin yield of 36.7%, along with an amplification ratio of 57%.

Strive, now ranking the seventh-largest corporate holder of BTC, also reported growth in cash and cash equivalents, which rose by $44 million to over $137 million as of June 1.

In addition, Strive updated investors on its capital structure. Outstanding Class A common shares increased to approximately 69million shares, while SATA preferred shares rose to more than 7.5 million. Holdings of Strategy’s STRC preferred stock remained largely unchanged at approximately $49.5 million.

The company continues to pursue a treasury strategy centered on accumulating Bitcoin while using equity and preferred stock financing to support growth and capital allocation initiatives.

Shares of Strive slipped approximately 4.5% before the opening bell today, according to Yahoo Finance. The stock has gained about 17% this year, though it continues to post steep losses compared with its level a year ago.

Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
This article was originally published on Crypto Briefing and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].

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