$ASST·8-K

Strive, Inc. · Jul 6, 8:00 AM ET

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Strive, Inc. 8-K

Research Summary

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Updated

Strive, Inc. Announces Bitcoin Purchases, Provides Q2 2026 Holdings Update

What Happened
Strive, Inc. announced on July 6, 2026 (reporting activity through July 2) that it purchased 17.76 bitcoin between June 29 and July 2, 2026 at an average price of about $59,850 per BTC (inclusive of fees). The company also provided preliminary, unaudited updates to its cash, bitcoin and STRC stock holdings and to shares outstanding as of June 26 and July 2, 2026.

Key Details

  • Bitcoin purchase: 17.76 BTC acquired June 29–July 2, 2026 at ~ $59,850/BTC (inclusive of fees). Bitcoin held rose from 19,864 to 19,882 BTC.
  • Cash and STRC updates (in thousands): Cash and cash equivalents increased from $141,700 to $153,400 (+$11,700). Fair value of STRC Stock rose from $37,658 to $44,379 (+$6,721). STRC shares held remained 505,000.
  • Shares outstanding: Class A shares reported increased from 71,864,809 to 72,945,813 (+1,081,004 through 4:00pm EST sales to be issued next business day). Class B and SATA preferred shares unchanged.
  • Q2 and June 30 context: As of June 30, 2026 Strive reported $144.5M cash, STRC fair value $42.9M, and 19,864 BTC (acquired at an average cost of $94,761/BTC). During Q2 the company acquired 6,236 BTC at an average cost of $74,290/BTC.
  • Preliminary data: The numbers are preliminary and unaudited; final results may change when financial close and audit are completed.

Why It Matters
Strive continues its strategy of accumulating bitcoin and related assets; the recent small purchase (17.76 BTC) is part of ongoing accumulation disclosed alongside larger Q2 buys (6,236 BTC). Investors should note these are preliminary, unaudited figures and that Strive measures bitcoin at fair value under recent accounting rules (ASU 2023‑08), so changes in bitcoin market price will flow through net income as unrealized gains or losses. Also watch the growing share count and outstanding preferred instruments (SATA), which affect common shareholders’ economic interest and senior claims on assets.

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