Strive, Inc. 8-K

What Happened Strive, Inc. (ASST) announced on May 26, 2026 that between May 19 and May 22, 2026 it purchased 1,109 bitcoin at an average price of approximately $76,989 per bitcoin (inclusive of fees and expenses). The company filed an 8-K updating its cash, bitcoin and related holdings and reporting changes in shares outstanding.

Key Details

• Bitcoin purchase: 1,109 BTC at an average price of ~$76,989 per BTC (May 19–22, 2026). Bitcoin held rose from 15,391 to 16,500 BTC.
• Cash and equivalents: $87,300k (May 18) → $93,300k (May 22), change +$6,000k.
• STRC Stock fair value: $49,800k → $50,100k, change +$300k.
• Shares outstanding (May 18 → May 22): Class A common 63,666,527 → 65,898,527 (+2,232,000); Class B common unchanged at 9,870,636; SATA Stock 5,244,421 → 5,759,719 (+515,298).
• Corporate actions: Strive is evaluating a near-term refresh of its at-the-market (ATM) programs for Class A common stock and SATA Stock. The filing includes customary forward‑looking statement caution and references the pending merger with Semler Scientific, Inc.

Why It Matters These disclosures show Strive increasing its bitcoin treasury and reporting higher cash and share counts over a short period. The Bitcoin purchase increases the company’s crypto exposure; the rise in Class A and SATA shares and the stated evaluation of ATM refreshes indicate recent capital market activity that can affect dilution and liquidity. Investors should note the updated balances and the company’s stated intentions around ATM programs and SATA dividend parameters as described in the filing.