Strive, Inc., a Dallas-based firm co-founded by Vivek Ramaswamy and traded on Nasdaq under the ticker ASST, has increased its Bitcoin holdings by 29 BTC. This acquisition brings the company's total treasury to 43,153 BTC.
The company aims to surpass Metaplanet, which currently holds 44,000 BTC, to become the world's second-largest publicly traded corporate Bitcoin holder by the end of the year. The current gap between the two firms stands at 847 BTC.
Strive's recent accumulation follows a significant buying spree in October 2026, during which the company acquired over 15,000 BTC. Notable transactions included purchases of 2,000 BTC for $169 million, 3,311 BTC for $280 million, and 6,182 BTC for $511 million.
To finance its Bitcoin acquisitions, Strive relies on the issuance of preferred stock and warrant exercises rather than debt financing. The company avoids borrowing to eliminate the risk of repayment demands during market downturns, though preferred stock entails its own obligations.
