Bitcoinmagazine Aug 31, 2026

Strive Becomes Fifth-Largest Bitcoin Treasury, Stock Jumps on Latest Buy

Bitcoin Magazine Strive Becomes Fifth-Largest Bitcoin Treasury, Stock Jumps on Latest Buy Strive’s stock soared on Monday after the company announced a $143 million bitcoin buy, making it the fifth biggest publicly traded crypto treasury.  The Nasdaq-listed company announced its latest buy of 1,800 bitcoins between August 24 and August 28.

It snapped up the coins for an average price of $79,431, according to a filing with the Securities and Exchange Commission. The Dallas, Texas-based company now holds 23,156 coins worth $1.8 billion at today’s prices.

Its stock (NASDAQ: ASST) was trading 9% higher at about 12.30pm in New York.

Year-to-date, Strive’s stock has risen by nearly 40%.  JUST IN: Public company Strive bought 1,800 BTC for $143 million pic.twitter.com/xEkWx3ZNZp— Bitcoin Magazine (@BitcoinMagazine) August 31, 2026 Strive’s year-to-date Bitcoin yield, a metric that compares growth in bitcoin holdings relative to share count, reached 40.8% as of its Aug.

This page shows the RSS-provided summary/preview. Full publisher content remains available at the original source.

BTC
Read Full Article at Source
Ad Space