Strive, Inc. Buys 79 Bitcoin, Updates Cash and Share Counts

What Happened Strive, Inc. filed an 8-K on August 17, 2026, announcing that between August 10–14, 2026 the company purchased 79 bitcoin at an average price of approximately $63,231 per bitcoin (inclusive of fees). After the purchases, Strive’s bitcoin holdings increased to 20,246 coins. The filing also provided updated balances for cash and cash equivalents, the fair value of its Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (STRC Stock), and shares outstanding as of August 14, 2026.

Key Details

• Bitcoin purchase: 79 BTC on Aug 10–14, 2026 at ~$63,231/bitcoin (inclusive of fees); total bitcoin held rose from 20,167 to 20,246.
• Cash and equivalents: decreased by $100,000 to $154.8 million (from $154.9M as of Aug 7, 2026).
• STRC Stock fair value: decreased $116,000 to $47.864 million (from $47.98M). STRC shares held remained 505,000.
• Shares outstanding: Class A shares increased by 597,150 to 76,244,588; Effective Common Shares outstanding rose to 86,037,123; Assumed Fully Diluted Shares rose to 89,302,926. Class B, SATA Stock, options, unvested awards and traditional warrants were unchanged.

Why It Matters The filing shows Strive continuing an active bitcoin treasury strategy by adding to its holdings, while keeping large cash reserves. The bitcoin purchase is modest relative to the company’s total cash and existing crypto holdings, but signals ongoing exposure to digital assets. The increase in Class A and fully diluted share counts is material for investors because it raises the company’s share base and potential dilution metrics. The filing also includes standard forward-looking cautionary language about risks related to the merger transaction, bitcoin strategy and other factors.