Publicly Traded Strive Buys $60 Million in Bitcoin, Plans BTC Business Summit

Decrypt Agent

Mon, April 27, 2026 astatine 12:37 PM CDT 2 min read

Publicly traded Strive Inc. purchased an further 789 Bitcoin for its treasury, the structured concern institution and organization plus manager announced Monday.

The institution paid an mean terms of $77,890 per Bitcoin, Strive CEO and Chairman Matt Cole wrote connected X, putting the acquisition astatine a terms of astir $61.45 million. Bitcoin has fallen to a caller terms of $76,716, making the summation worthy astir $60.5 cardinal arsenic of this writing.

The acquisition expands Strive's full Bitcoin holdings to 14,557 BTC, valued astatine astir $1.1 cardinal based connected the caller terms of Bitcoin.

Alongside the treasury expansion, Strive's True North subsidiary scheduled a Bitcoin for Business acme for May 21 successful Lake Oswego, Oregon. The lawsuit targets CFOs and concern leaders exploring firm Bitcoin adoption strategies.

"Bitcoin and adjacent securities are transforming however businesses negociate their treasuries," said True North CEO and Strive Chief Risk Officer Jeff Walton, successful a statement. "We purpose to amended the concern leaders of contiguous astir the fiscal scenery of the future."

Publicly traded firms clasp much than 1.2 cardinal Bitcoin valued supra $93 billion, per information from BitcoinTreasuries.net, led by Strategy with its astir $63 cardinal haul. Strategy said Monday that it bought $255 cardinal successful Bitcoin past week, down dramatically from a $2.54 cardinal purchase the week prior.

Strive manages implicit $2.7 cardinal successful assets arsenic a publically traded structured concern institution and organization plus manager. The firm's True North sub-brand provides firm Bitcoin program and hosts acquisition events for businesses exploring cryptocurrency integration.

Bitcoin Giant Strategy's Buying Pace Falls 91% Amid STRC Cooldown

As of April 24, Strive maintained $90.5 cardinal successful currency and currency equivalents alongside $50.3 cardinal successful Strategy preferred banal holdings, according to SEC filings. The company's latest Bitcoin acquisition represents a continuation of its assertive treasury diversification strategy.

Strive’s banal (ASST) was down astir 3% connected Monday, precocious trading astatine $15.33. ASST shares person surged by 55% implicit the past month, though shares are down 53% successful the past six months.