Strive, Inc. 8-K

What Happened

• On June 29, 2026 Strive, Inc. (ASST) filed an 8-K reporting updates as of June 18 and June 26, 2026 to its cash, bitcoin holdings, fair value of Strategy Inc. (STRC) stock and shares outstanding. Cash and cash equivalents fell from $144,500 (thousands) to $141,700 (thousands) (-$2,800k). The fair value of the Company’s Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (STRC Stock) decreased from $44,738 (thousands) to $37,658 (thousands) (-$7,080k). Bitcoin holdings (19,864 BTC) and STRC shares held (505,000) were unchanged. Class A shares outstanding rose by 76,942 to 71,864,809; Class B and SATA preferred shares were unchanged.

Key Details

• Cash and cash equivalents: $144,500k (6/18/26) → $141,700k (6/26/26); change = -$2,800k.
• STRC stock fair value: $44,738k → $37,658k; change = -$7,080k (in thousands).
• Bitcoin held: 19,864 BTC (no change). STRC shares held: 505,000 (no change).
• Shares outstanding (includes sales through 4:00pm EST to be issued next business day): Class A 71,864,809 (+76,942), Class B 9,780,018, SATA Stock 7,829,502.

Why It Matters

• The filing documents small near-term liquidity change and a notable markdown in the reported fair value of STRC preferred stock (~$7.08M), which affects Strive’s reported asset values. Bitcoin holdings remained steady, so the change was driven by STRC valuation and a modest cash drawdown.
• A rise in Class A shares outstanding (76,942 shares) slightly increases share count and could have a marginal dilutive effect. The 8-K also includes Strive’s standard forward-looking cautionary language and references the pending merger with Semler Scientific and potential impacts on strategy, dividends and integration noted by management.