Strive has added 317 BTC to its balance sheet, spending about $23 million at an average price of roughly $72,555 per coin.
The purchase lifted its total holdings to 13,628 BTC, placing the company among the largest corporate bitcoin holders and ahead of firms including Tesla and some public miners.
Rapid buildup
Strive said it built most of its bitcoin position within about six months of becoming a public company in 2025.
Roughly 5,900 BTC came from private placement proceeds and stock-based transactions.
Another 5,048 BTC was added through the acquisition of Semler Scientific, which already held a sizable bitcoin treasury.
The company said it has also added 2,694 BTC through broader capital markets activity tied in part to preferred equity offerings.
SATA funding model
A key part of that strategy is Strive’s SATA perpetual preferred stock.
In November 2025, the company raised about $148 million by selling 2 million SATA shares at $80 each.
A second offering in January 2026 brought in another $109 million at $90 per share.
Together, those raises supplied more than $250 million for bitcoin purchases and related corporate activity.
Losses tied to price drop
Strive reported a net loss of $393.6 million after bitcoin fell from about its October 2025 peak near $126,000 to around $72,000 in early 2026.
About $194.5 million of that loss came from unrealized markdowns on its bitcoin holdings.
The company also recorded $140.8 million in goodwill and intangible impairments, plus $12.4 million in transaction costs.
Management said:
“The most important was cementing our foundation as a structured finance company laser-focused on digital credit.”
Treasury focus
Strive reported a 22.2% bitcoin yield in the fourth quarter of 2025 and 13.8% quarter-to-date.
It also said it posted a bitcoin gain of 1,305 BTC in the fourth quarter and another 1,050 BTC so far in 2026.
The figures underscore that Strive is measuring progress in coin accumulation rather than short-term earnings, joining a broader field of public firms tracked across corporate bitcoin treasuries.
