Strive, Inc. 8-K

What Happened
Strive, Inc. filed an 8-K on June 22, 2026, announcing that during June 15–21, 2026 it purchased 759 bitcoin at an average price of approximately $65,850 per bitcoin (inclusive of fees and expenses). The filing also reported updates to the company’s cash balances, the fair value of its Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (STRC Stock), bitcoin holdings, and outstanding share counts.

Key Details

• Bitcoin purchase: 759 BTC acquired between June 15–21, 2026 at ~ $65,850/BTC (inclusive of fees).
• Bitcoin holdings: increased from 19,105 BTC (as of June 12, 2026) to 19,864 BTC (as of June 18, 2026).
• Cash and cash equivalents: $141,400k (6/12/26) → $144,500k (6/18/26), change +$3,100k.
• Fair value of STRC Stock: $47,874k (6/12/26) → $44,738k (6/18/26), change −$3,136k; shares of STRC held remained 505,000.
• Shares outstanding (includes shares sold through 4:00pm EST that will be issued next business day):
  • Class A common stock: 69,894,045 → 71,787,867 (+1,893,822)
  • Class B common stock: 9,780,018 (no change)
  • SATA Stock (Variable Rate Series A Perpetual Preferred): 7,513,907 → 7,829,502 (+315,595)

Why It Matters
This filing shows Strive continuing a bitcoin treasury strategy by adding 759 BTC, which increases its crypto exposure and alters the composition of its balance sheet. The changes in outstanding Class A and SATA shares indicate recent equity issuance activity that can affect share count and potential dilution. Investors should note the updated cash, STRC fair value, and bitcoin totals when assessing Strive’s liquidity and asset mix. The filing also includes standard forward‑looking statement cautions about risks related to these strategies and the company’s pending merger-related matters.