Bitcoin-focused treasury firm Strive purchased 759 BTC between June 15 and June 21. According to the latest filing with the U.S. Securities and Exchange Commission, the total amount of the acquisition was approximately $50 million. The company carried out these transactions at an average price of $ 65,850 per Bitcoin. Thus, Strive’s total Bitcoin assets increased to 19,864 BTC.
Biggest weekly purchase in recent months
The purchase in question was recorded as Strive’s largest weekly Bitcoin accumulation in the last few months. The company had received only 32 BTC and 73 BTC in the previous two reporting periods. The total of purchases made in these two periods remained at approximately 6.8 million dollars.
Strive has thus significantly accelerated its Bitcoin accumulation strategy. The Dallas-based company is moving to a more visible position among corporate structures that hold Bitcoin directly on their balance sheet. The expression Bitcoin treasury mentioned in the news describes the balance sheet approach of companies based on keeping a portion of their cash reserves in Bitcoin.
Mini dictionary: Bitcoin treasury is the strategy of holding Bitcoin as a reserve asset on a company’s balance sheet. In this model, companies can allocate some of their cash equivalents to Bitcoin for long-term value storage or capital management purposes.
According to a filing with the U.S. Securities and Exchange Commission, Strive purchased 759 BTC between June 15 and June 21 at an average price of $65,850 per Bitcoin, including fees and related expenses.
Stands out in weekly comparison with Strategy
Although Strategy maintains its position as the largest institutional holder of Bitcoin globally, Strive reached a higher level in terms of weekly purchases during the same reporting period. Strategy announced that it purchased 520 BTC in this process. This chart marked one of the rare periods when a smaller Bitcoin treasury company made more weekly purchases than the industry leader.
Strive’s balance sheet doesn’t just include direct Bitcoin assets. The company also owns 505,000 shares of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock, known as STRC. The fair value of this investment decreased slightly during the reporting period, decreasing to approximately 44.7 million dollars.
Cash position and number of shares increased
The company’s SEC notification also included updated data on its overall financial outlook. Accordingly, Strive’s cash and cash equivalents increased from $141.4 million to $144.5 million. During the same period, the number of Class A ordinary shares outstanding increased by approximately 1.9 million, reaching 71.8 million.
Strive joined the publicly traded Bitcoin treasury companies in January 2026 after its merger with Semler Scientific. This transaction added 5,048 BTC to the company’s balance sheet and formed the basis of its treasury-focused business model. Afterwards, Bitcoin reserves grew steadily and the 15,000 BTC threshold was exceeded at the beginning of May.
With the latest purchase, Strive now has close to 20,000 BTC on its balance sheet. The company’s momentum in recent weeks indicates that it has become one of the faster-growing players among institutional Bitcoin holders.
