Strive Buys 2,500 BTC, Expands ATM Programs to $4.2B

Strive Inc. (Nasdaq: ASST) purchased 2,500 bitcoin between May 23 and June 1, 2026, at an average price of about $74,092 per coin, inclusive of fees and expenses, lifting its bitcoin treasury to 19,000 BTC, according to a U.S. Securities and Exchange Commission filing made public June 2, 2026.

The filing shows cash and cash equivalents rose to $137.3 million from $93.3 million during the same reporting period. The fair value of the company’s STRC Stock position moved to $49.5 million from $50.1 million. The filing indicates Strive had no short- or long-term debt on its balance sheet at the time.

Strive filed to increase two at-the-market programs by $2.1 billion each. If completed, the Class A common stock ATM would total $2.55 billion and the SATA Stock ATM would total $2.6 billion, together expanding potential funding capacity to roughly $4.2 billion. The amendments are subject to completed documentation, any required SEC prospectus filings and a SATA Stock certificate amendment, and do not represent an immediate capital raise.

An ATM program allows a public company to sell shares into the market at current prices over time rather than through a single offering. The filing says Strive expects the larger programs to expand potential financing options for corporate needs, acquisitions, operating-business support or additional treasury activity.

The SEC filing repeats the company statement: “Strive purchased 2,500 bitcoin at an average price of approximately $74,092 per bitcoin, inclusive of fees and expenses.” The filing also references Strive’s prior acquisition of Semler Scientific, which added a medical-device business and an additional source of operating cash flow.

On platform X, Chief Executive Matt Cole wrote, “Strive expects to increase the size of both the ASST and SATA ATM programs by $2.1 billion each, reflecting a sustained increase in liquidity and demand for both securities.” The SEC filing was made public June 2, 2026.