Strive has significantly expanded its holdings in Bitcoin, acquiring 317 additional coins. This brings its total to around 13,628 Bitcoins, positioning the company among the top ten corporate holders in this digital currency market. CEO Matt Cole announced the latest acquisition, which involved an investment of $23 million, translating to an average purchase price of approximately $72,555 per coin.
As of mid-March 2026, Strive proudly holds 13,627.9 BTC, outpacing major players like Tesla and CleanSpark in Bitcoin reserves. This is not Strive’s first time ranking among the largest holders, underlining its strategic approach to Bitcoin accumulation.
Founded by Vivek Ramaswamy, Strive revealed its financial results for the fourth quarter of 2025, showcasing a rapid accumulation of Bitcoin—over 13,600 coins in just six months since its public listing. The company secured nearly 5,900 Bitcoin through initial private placement proceeds and market transactions. It also acquired 5,048 Bitcoin from Semler Scientific, which previously held a reserve of Bitcoin. Moreover, an additional 2,694 BTC were obtained through various capital market activities, including preferred stock offerings.
#How is Strive's Financial Model Performing?
Strive's chairman and CEO, Matthew Cole, characterized the company's performance as a validation of its corporate finance strategy. He highlighted the success achieved in the first six months as a public entity, emphasizing that the firm is focused on digital credit. Its SATA perpetual preferred stock product stands out as it aims to deliver attractive yields while keeping volatility at bay, trading under its unique Nasdaq ticker.
In November 2025, Strive raised about $148 million in net proceeds through an initial public offering of SATA shares, priced at $80 each. A subsequent follow-on offering in January 2026 generated an additional $109 million at $90 per share.
#What Are Strive's Financial Results?
Strive reported a net loss of approximately $393.6 million for the fiscal period covering its public listing through year-end. This loss was largely driven by non-cash items, primarily unrealized losses as Bitcoin's price fell from its October 2025 peak of about $126,000 to roughly $72,000 early in 2026. Other factors included goodwill and intangible asset impairments associated with the Semler acquisition and various transaction costs.
When adjusted for non-recurring charges, the loss attributable to common shareholders minimized to $208.2 million, equating to $4.73 per diluted share after factoring in a stock split executed in February. Strive also measures its success through a proprietary metric labeled "Bitcoin Yield," which quantifies the change in Bitcoin per share over specified periods. For the fourth quarter, this yielded a notable 22.2 percent, with a total “Bitcoin Gain” translating to 1,305 coins in Q4 2025 and 1,050 coins thus far in 2026.
Since its inception in 2022 as an anti-ESG investment advisory, Strive’s adaptation into a Bitcoin accumulation company signifies a commitment to attracting institutional capital, leveraging structured finance tools to derive yield from what is often perceived as speculative assets.