Strive (NASDAQ: ASST) adds 1,109 bitcoin and weighs ATM refresh
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Strive, Inc. disclosed that it purchased 1,109 bitcoin between May 19 and May 22, 2026 at an average price of approximately $76,989 per bitcoin, including fees and expenses. This expands its digital asset exposure while keeping substantial cash on hand.
As of May 22, 2026, cash and cash equivalents were $93.3 million, up from $87.3 million on May 18, 2026, and the fair value of its STRC Stock position was $50.1 million, slightly above $49.8 million. Bitcoin holdings increased from 15,391 to 16,500. Over the same period, Class A common shares outstanding rose from 63,666,527 to 65,898,527 and SATA Stock from 5,244,421 to 5,759,719, while Class B shares were unchanged. Strive is also evaluating a near-term refresh of its at-the-market programs for its Class A common stock and SATA Stock.
Positive
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Insights
Strive increases bitcoin holdings and hints at refreshed ATM programs while modestly growing share counts.
Strive reports purchasing 1,109 bitcoin at an average of $76,989 per coin, lifting total bitcoin holdings from 15,391 to 16,500 between May 18 and May 22, 2026. Cash and cash equivalents rose to $93.3M, and STRC Stock fair value edged up to $50.1M, showing a sizeable liquid and investment portfolio alongside its bitcoin position.
Class A common shares outstanding increased by 2,232,000 and SATA Stock by 515,298 over the same window, while Class B shares were flat. Strive states it is evaluating a near-term refresh of at-the-market programs for its Class A and SATA securities, which would maintain flexibility to issue additional equity over time. Actual effects on existing holders will depend on future ATM usage and bitcoin price performance, which are not detailed here.
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: 1,109 bitcoin
Average bitcoin price: $76,989 per bitcoin
Cash and cash equivalents: $93.3M
+4 more
7 metrics
Bitcoin purchased
1,109 bitcoin
Bought between May 19–22, 2026
Average bitcoin price
$76,989 per bitcoin
Average purchase price including fees
Cash and cash equivalents
$93.3M
As of May 22, 2026; up from $87.3M on May 18, 2026
Fair value of STRC Stock
$50.1M
As of May 22, 2026; up from $49.8M on May 18, 2026
Bitcoin holdings
16,500 bitcoin
As of May 22, 2026; up from 15,391
Class A shares outstanding
65,898,527 shares
As of May 22, 2026; up 2,232,000 from May 18, 2026
SATA Stock outstanding
5,759,719 shares
As of May 22, 2026; up 515,298 from May 18, 2026
Key Terms
at-the-market ("ATM") programs, Variable Rate Series A Perpetual Preferred Stock, forward-looking statements, Bitcoin treasury strategies, +1 more
5 terms
at-the-market ("ATM") programs financial
"Strive is evaluating a near-term refresh of the at-the-market ("ATM") programs on its Class A common stock and SATA Stock."
Variable Rate Series A Perpetual Preferred Stock financial
"Variable Rate Series A Perpetual 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")"
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.
forward-looking statements regulatory
"Certain statements herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995"
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
"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"
emerging growth company regulatory
"Emerging growth company o"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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): May 26, 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 May 26, 2026, Strive, Inc. ("Strive" or the "Company") announced that during the period from May 19, 2026 through May 22, 2026, Strive purchased 1,109 bitcoin at an average price of approximately $76,989 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 May 18, 2026 | As of May 22, 2026 | Change | |||||||||||||||
| Cash and cash equivalents (in thousands) | $ | 87,300 | $ | 93,300 | $ | 6,000 | |||||||||||
| Fair value of STRC Stock (in thousands) | $ | 49,800 | $ | 50,100 | $ | 300 | |||||||||||
| Bitcoin held | 15,391 | 16,500 | 1,109 | ||||||||||||||
| Shares outstanding: | |||||||||||||||||
| Class A common stock | 63,666,527 | 65,898,527 | 2,232,000 | ||||||||||||||
| Class B common stock | 9,870,636 | 9,870,636 | — | ||||||||||||||
| SATA Stock | 5,244,421 | 5,759,719 | 515,298 | ||||||||||||||
Strive is evaluating a near-term refresh of the at-the-market ("ATM") programs on its Class A common stock and SATA Stock.
Cautionary Statement Regarding Forward-Looking Statements
Certain statements herein 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, Strive’s intentions with respect to adjusting the SATA Stock monthly regular dividend rate per annum, and Strive's intentions with respect to the ATM programs for its listed securities. 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 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: | May 26, 2026 | By: | /s/ Matthew Cole | ||||||||
| Matthew Cole | |||||||||||
| Chief Executive Officer | |||||||||||
FAQ
How much bitcoin did Strive, Inc. (ASST) recently purchase?
Strive purchased 1,109 bitcoin between May 19 and May 22, 2026. The average purchase price was approximately $76,989 per bitcoin, including fees and expenses, increasing its total bitcoin holdings from 15,391 to 16,500 coins.
What are Strive, Inc.’s updated cash and STRC Stock positions?
As of May 22, 2026, Strive held $93.3 million in cash and cash equivalents and $50.1 million in fair value of STRC Stock. Both figures were slightly higher than the respective $87.3 million and $49.8 million reported as of May 18, 2026.
What is Strive, Inc. planning for its at-the-market (ATM) programs?
Strive stated it is evaluating a near-term refresh of its at-the-market programs for its Class A common stock and SATA Stock. This indicates the company is considering updated ATM capacity for issuing these securities, though specific amounts or timing were not described.