Strive buys 1,800 bitcoin at $79,431 each
Strive, Inc. (ASST) reported that between August 24 and August 28, 2026 it purchased 1,800 bitcoin at an average price of approximately $79,431 per bitcoin, inclusive of fees and expenses.
Rhea-AI Filing Summary
Strive, Inc. (ASST) reported that between August 24 and August 28, 2026 it purchased 1,800 bitcoin at an average price of approximately $79,431 per bitcoin, inclusive of fees and expenses. As of August 28, 2026, Strive held 23,156 bitcoin, up from 21,356 a week earlier, reflecting a substantial expansion of its Bitcoin treasury position.
Over the same period, cash and cash equivalents rose from $171.9 million to $183.5 million, and the fair value of its holdings of Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. was $49.2 million. Class A common shares outstanding increased to 83,470,035, while Variable Rate Series A Perpetual Preferred Stock (SATA) outstanding increased to 9,073,914. Assumed fully diluted shares rose to 96,523,351, excluding 26,596,010 shares underlying traditional warrants.
Positive
- None.
Negative
- None.
Filing Explained
As of August 28, the reported common-share increase will reduce existing holders’ percentage ownership once the additional shares are issued, absent offsetting changes.
As of
Once the additional shares are issued, the larger common-share base reduces an existing holder’s percentage ownership absent offsetting changes.
The filing separately reports 96,523,351 assumed fully diluted shares, including options and unvested employee awards but excluding 26,596,010 shares underlying traditional warrants; those warrants require payment of an exercise price to the company.
8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Bitcoin purchased: 1,800 bitcoin
Average bitcoin purchase price: $79,431 per bitcoin
Bitcoin held: 23,156 bitcoin
+5 more
8 metrics
Bitcoin purchased
1,800 bitcoin
Purchased between August 24 and August 28, 2026
Average bitcoin purchase price
$79,431 per bitcoin
Average price paid for 1,800 bitcoin, inclusive of fees and expenses
Bitcoin held
23,156 bitcoin
Holdings as of August 28, 2026
Cash and cash equivalents
$183.5 million
Balance as of August 28, 2026 (amounts in thousands)
Fair value of STRC Stock
$49.2 million
Fair value as of August 28, 2026 (amounts in thousands)
Class A common shares outstanding
83,470,035 shares
As of August 28, 2026
SATA preferred shares outstanding
9,073,914 shares
Variable Rate Series A Perpetual Preferred Stock as of August 28, 2026
Assumed Fully Diluted Shares Outstanding
96,523,351 shares
As of August 28, 2026, excluding shares underlying traditional warrants
Key Terms
Variable Rate Series A Perpetual Preferred Stock, Assumed Fully Diluted Shares Outstanding, Traditional Warrants, forward-looking statements, +1 more
5 terms
Variable Rate Series A Perpetual Preferred Stock financial
"Variable Rate Series A Perpetual Preferred Stock, $0.001 par value per share"
A variable rate series A perpetual preferred stock is a type of share that pays a priority cash distribution whose amount resets periodically based on a reference interest rate, carries a specific series label (Series A), and has no fixed maturity date so it can remain outstanding indefinitely. Investors care because it offers higher priority income than common stock and a yield that moves with market rates—providing potential protection when rates rise but more income uncertainty than a fixed coupon.
Traditional Warrants financial
"Shares Underlying Traditional Warrants (5) | 26,596,010"
forward-looking statements regulatory
"Cautionary Statement Regarding Forward-Looking Statements Certain statements herein"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
Bitcoin treasury strategies financial
"implementation of Bitcoin treasury strategies and risks associated with Bitcoin"
FAQ
What Bitcoin purchases did Strive, Inc. (ASST) disclose in this 8-K?
Strive purchased 1,800 bitcoin between August 24 and August 28, 2026 at an average price of approximately $79,431 per bitcoin, inclusive of fees and expenses. This increased its bitcoin holdings from 21,356 to 23,156 bitcoin as of August 28, 2026.
How much cash did Strive, Inc. (ASST) report as of August 28, 2026?
As of August 28, 2026, Strive reported cash and cash equivalents of $183.5 million, up from $171.9 million as of August 21, 2026, based on amounts presented in thousands in the disclosure table.
What are Strive, Inc. (ASST)’s bitcoin holdings after the reported purchases?
After the reported purchases, Strive held 23,156 bitcoin as of August 28, 2026, compared with 21,356 bitcoin as of August 21, 2026, an increase of 1,800 bitcoin over the period.
What is the outstanding amount of Strive, Inc. (ASST) SATA preferred stock?
Strive reported 9,073,914 shares of Variable Rate Series A Perpetual Preferred Stock (SATA) outstanding as of August 28, 2026, compared with 8,270,815 shares as of August 21, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________________________________________
FORM 8-K
_________________________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 31, 2026
_________________________________________________________
(Exact name of Registrant as Specified in Its Charter)
_________________________________________________________
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of principal executive offices and zip code) | ||||||||
Registrant’s Telephone Number, Including Area Code: (855 ) 427-7360
(Former Name or Former Address, if Changed Since Last Report)
_________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01. Other Events.
On August 31, 2026, Strive, Inc. ("Strive" or the "Company") announced that during the period from August 24, 2026 through August 28, 2026, Strive purchased 1800 bitcoin at an average price of approximately $79,431 per bitcoin, inclusive of fees and expenses. The Company also announced the following updates to its holdings of cash and cash equivalents, bitcoin, and Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (the "STRC Stock") and shares outstanding of Class A common stock, Class B common stock, and Variable Rate Series A Perpetual Preferred Stock (the "SATA Stock"):
| As of August 21, 2026 | As of August 28, 2026 | Change | |||||||||||||||
| Cash and cash equivalents (in thousands) | $ | 171,900 | $ | 183,500 | $ | 11,600 | |||||||||||
| Fair value of STRC Stock (in thousands) | $ | 48,571 | $ | 49,152 | $ | 581 | |||||||||||
| Shares of STRC held | 505,000 | 505,000 | — | ||||||||||||||
| Bitcoin held | 21,356 | 23,156 | 1,800 | ||||||||||||||
Shares outstanding: (1) | |||||||||||||||||
| Class A common stock | 79,890,888 | 83,470,035 | 3,579,147 | ||||||||||||||
| Class B common stock | 9,792,535 | 9,792,535 | — | ||||||||||||||
Effective Common Shares Outstanding (2) | 89,683,423 | 93,262,570 | 3,579,147 | ||||||||||||||
Options (3) | 996,963 | 991,941 | (5,022) | ||||||||||||||
Unvested employee stock awards (3) | 2,268,840 | 2,268,840 | — | ||||||||||||||
Assumed Fully Diluted Shares (4) | 92,949,226 | 96,523,351 | 3,574,125 | ||||||||||||||
Shares Underlying Traditional Warrants (5) | 26,596,010 | 26,596,010 | — | ||||||||||||||
| SATA Stock | 8,270,815 | 9,073,914 | 803,099 | ||||||||||||||
(1) Includes shares outstanding and shares sold through 4:00pm EST, which will be issued on the following business day. (2) Effective Common Shares Outstanding is calculated as the sum of Class A common stock and Class B common stock. (3) Represents outstanding, but unvested employee stock awards, which are subject to ongoing time and/or performance conditions. For any awards in which the achievement of performance conditions affect the number of shares to ultimately vest, represents the target number of shares granted. (4) Assumed Fully Diluted Shares Outstanding represents Effective Common Shares Outstanding plus shares underlying all potentially dilutive securities, including options and unvested RSUs. Shares underlying Traditional Warrants are excluded from this figure. (5) Represents shares exercisable underlying Traditional Warrants. Exercises of traditional warrants subject to the payment of exercise price to Company. | |||||||||||||||||
Cautionary Statement Regarding Forward-Looking Statements
Certain statements herein and in the press release attached hereto may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, express or implied statements regarding the outlook and expectations of Strive and its subsidiaries, the strategic benefits and financial benefits of the merger transaction with Semler Scientific, Inc. (the "merger transaction"), including the expected impact of the merger transaction on Strive's future financial performance and the ability to successfully integrate the combined businesses, and Strive’s intentions with respect to adjusting the SATA Stock dividend rate. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgments of Strive and its management team about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements as a result of various important factors. Other risks, uncertainties and assumptions, including, among others, the following:
•the outcome of any legal proceedings that may be instituted against Strive or its subsidiaries;
•the possibility that the anticipated benefits of the merger transaction are not realized when expected or at all, including as a result of changes in, or problems arising from, implementation of Bitcoin treasury strategies and risks associated with Bitcoin and other digital assets, general economic and market conditions, interest and exchange rates, monetary policy, and laws and regulations and their enforcement;
•the diversion of management’s attention from ongoing business operations and opportunities;
•dilution caused by Strive’s issuance of additional shares of its Class A common stock or SATA Stock;
•potential adverse reactions of Strive’s clients and customers or changes to business or employee relationships, including those resulting from the completion of the merger transaction;
•other factors that may affect future results of Strive or the future trading performance of its Class A common stock or SATA Stock.
These factors are not necessarily all of the factors that could cause Strive’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm Strive’s results.
Although Strive believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that the actual results of Strive will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in Strive’s Annual Report on Form 10-K, for the fiscal year ended December 31, 2025, and other documents subsequently filed by Strive with the SEC.
The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive or its businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements contained herein and in the press release attached hereto speak only as of the date hereof, and Strive undertakes no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Strive, Inc. | |||||||||||
| Date: | August 31, 2026 | By: | /s/ Matthew Cole | ||||||||
| Matthew Cole | |||||||||||
| Chief Executive Officer | |||||||||||