Strive, Inc., listed on NASDAQ under the ticker ASST, has reached a market capitalization between $2.5 billion and $3 billion. The company's share price recently climbed to approximately $27.70.
The firm currently holds roughly 24,531 BTC, valued at nearly $1.9 billion. This position makes Strive the fifth-largest public corporate holder of Bitcoin globally.
Strive executes weekly Bitcoin purchases exceeding 1,000 BTC. For the week ending September 4, 2026, the company acquired 1,375 BTC for approximately $109 million.
The primary funding mechanism is SATA, a perpetual preferred stock instrument with a 13% annualized dividend. SATA has roughly $1 billion in notional outstanding, providing capital for Bitcoin acquisitions.
Since going public via a reverse merger on September 12, 2025, the company has transitioned from an asset management firm to a Bitcoin treasury entity. CEO Matt Cole aims to reach the second-largest corporate holder position by the end of 2026.
