Vivek Ramaswamy’s Strive Asset Management confirmed its bitcoin treasury now exceeds 15,000 BTC after a $33.9 million acquisition announced on May 4.
The Dallas-based company bought 444 bitcoin at an average price of $76,307 per coin, lifting its total holdings above the 15,000 BTC milestone.
New purchase details
Strive disclosed the transaction through a Form 8-K filed with the U.S. Securities and Exchange Commission.
CEO Matt Cole also confirmed the purchase on X, describing Strive as the first public asset management Bitcoin treasury corporation that measures capital allocation against bitcoin per share growth.
Before this purchase, Strive held 14,557 BTC as of April 24, following an earlier acquisition of 789 BTC at an average price of $77,890 per coin on April 27.
The company has added more than 2,200 BTC since January 2026, when it held 12,798 BTC after completing its acquisition of Semler Scientific.
Balance sheet and preferred stock
Strive reported $97.9 million in cash and cash equivalents as of May 1, alongside $50.4 million in Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy.
The company raised $225 million through an oversubscribed SATA preferred stock offering in January 2026, with investor demand exceeding $600 million during the offering.
The preferred stock carries an annualized yield near 13%, and Strive reported an amplification ratio of 43% alongside a quarter-to-quarter bitcoin yield of 4.3%.
Strategy comparison
The Strive purchase came the same week that Strategy — which held 818,334 BTC acquired at a total cost of roughly $61.8 billion — announced it did not buy any bitcoin, pausing a four-week acquisition streak.
Strive’s ASST shares traded at $16.23 at the time of reporting, down about 88% over the past six months.
