Strive (NASDAQ: ASST) keeps buying bitcoin as share count rises
Rhea-AI Filing Summary
Strive, Inc. (ASST) reports additional bitcoin purchases and updated balance sheet and capital structure data for the period around August 21, 2026. Between August 17 and August 21, 2026, Strive purchased 1,110 bitcoin at an average price of approximately $73,409 per bitcoin, inclusive of fees and expenses, increasing its bitcoin holdings from 20,246 to 21,356.
Cash and cash equivalents rose from $154,800 thousand to $171,900 thousand, an increase of $17,100 thousand. The fair value of Strive’s holdings of Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (STRC Stock) increased from $47,864 thousand to $48,571 thousand, while the number of STRC shares held remained at 505,000.
Class A common stock outstanding increased from 76,244,588 to 79,890,888, and SATA Stock outstanding increased from 7,829,502 to 8,270,815. Effective Common Shares Outstanding rose from 86,037,123 to 89,683,423, and Assumed Fully Diluted Shares Outstanding increased from 89,302,926 to 92,949,226, excluding 26,596,010 shares underlying Traditional Warrants.
Positive
- None.
Negative
- None.
Filing Explained
As of
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: 1,110 bitcoin
Average bitcoin purchase price: $73,409 per bitcoin
Cash and cash equivalents: $171,900 thousand
+5 more
8 metrics
Bitcoin purchased
1,110 bitcoin
Purchased between August 17 and August 21, 2026
Average bitcoin purchase price
$73,409 per bitcoin
Average price inclusive of fees and expenses
Cash and cash equivalents
$171,900 thousand
As of August 21, 2026; up from $154,800 thousand on August 14, 2026
Bitcoin held
21,356
As of August 21, 2026; up from 20,246 on August 14, 2026
Class A common stock outstanding
79,890,888 shares
As of August 21, 2026; previously 76,244,588 shares
Effective Common Shares Outstanding
89,683,423 shares
Sum of Class A and Class B common stock as of August 21, 2026
Assumed Fully Diluted Shares Outstanding
92,949,226 shares
Includes potentially dilutive securities, excluding Traditional Warrants, as of August 21, 2026
SATA Stock outstanding
8,270,815 shares
Variable Rate Series A Perpetual Preferred Stock as of August 21, 2026
Key Terms
Effective Common Shares Outstanding, Assumed Fully Diluted Shares Outstanding, Traditional Warrants, Variable Rate Series A Perpetual Preferred Stock
4 terms
Traditional Warrants financial
"Shares underlying Traditional Warrants are excluded from this figure."
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.
FAQ
What bitcoin purchases did Strive, Inc. (ASST) disclose in this 8-K?
Strive reported purchasing 1,110 bitcoin between August 17 and August 21, 2026 at an average price of approximately $73,409 per bitcoin, inclusive of fees and expenses, increasing its total bitcoin holdings from 20,246 to 21,356 bitcoin.
How did Strive, Inc.’s (ASST) cash position change as of August 21, 2026?
Cash and cash equivalents increased from $154,800 thousand as of August 14, 2026 to $171,900 thousand as of August 21, 2026, a rise of $17,100 thousand, while the company was also actively accumulating bitcoin holdings.
How did Strive, Inc.’s (ASST) SATA preferred stock outstanding change?
The number of Variable Rate Series A Perpetual Preferred Stock (SATA Stock) outstanding increased from 7,829,502 as of August 14, 2026 to 8,270,815 as of August 21, 2026, an increase of 441,313 shares.
What did Strive, Inc. (ASST) disclose about its STRC Stock investment?
Strive held 505,000 shares of STRC Stock at both dates. The fair value of this position increased from $47,864 thousand as of August 14, 2026 to $48,571 thousand as of August 21, 2026, a gain of $707 thousand.
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 24, 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 24, 2026, Strive, Inc. ("Strive" or the "Company") announced that during the period from August 17, 2026 through August 21, 2026, Strive purchased 1,110 bitcoin at an average price of approximately $73,409 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 14, 2026 | As of August 21, 2026 | Change | |||||||||||||||
| Cash and cash equivalents (in thousands) | $ | 154,800 | $ | 171,900 | $ | 17,100 | |||||||||||
| Fair value of STRC Stock (in thousands) | $ | 47,864 | $ | 48,571 | $ | 707 | |||||||||||
| Shares of STRC held | 505,000 | 505,000 | — | ||||||||||||||
| Bitcoin held | 20,246 | 21,356 | 1,110 | ||||||||||||||
Shares outstanding: (1) | |||||||||||||||||
| Class A common stock | 76,244,588 | 79,890,888 | 3,646,300 | ||||||||||||||
| Class B common stock | 9,792,535 | 9,792,535 | — | ||||||||||||||
Effective Common Shares Outstanding (2) | 86,037,123 | 89,683,423 | 3,646,300 | ||||||||||||||
Options (3) | 996,963 | 996,963 | — | ||||||||||||||
Unvested employee stock awards (3) | 2,268,840 | 2,268,840 | — | ||||||||||||||
Assumed Fully Diluted Shares (4) | 89,302,926 | 92,949,226 | 3,646,300 | ||||||||||||||
Shares Underlying Traditional Warrants (5) | 26,596,010 | 26,596,010 | — | ||||||||||||||
| SATA Stock | 7,829,502 | 8,270,815 | 441,313 | ||||||||||||||
(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 24, 2026 | By: | /s/ Matthew Cole | ||||||||
| Matthew Cole | |||||||||||
| Chief Executive Officer | |||||||||||