Strive Inc. has expanded its Bitcoin treasury with a $61.43 million purchase of 789 BTC, as disclosed in a recent filing. The Nasdaq-listed company reported an average purchase price of approximately $77,890 per bitcoin.
This acquisition brings Strive’s total Bitcoin holdings to 14,557 BTC as of April 24, 2026, with the stack valued at roughly $1.1 billion based on current market prices.
Strive’s Bitcoin Strategy: A Core Balance Sheet Asset
Strive continues to position Bitcoin as a core balance sheet asset, rather than a peripheral allocation. The company frames Bitcoin as a benchmark for capital deployment, using it as a hurdle rate for investment decisions and long-term value preservation.
Corporate Bitcoin Adoption Trends
Strive’s accumulation aligns with a broader trend of corporate Bitcoin adoption. Public companies now hold over 1.15 million BTC, valued at an estimated $85 billion. Meanwhile, Bitcoin exchange-traded funds collectively control about 1.28 million BTC.
In a separate announcement, Strategy Inc. reported purchasing 3,273 BTC for $255 million, bringing its holdings to 818,334 BTC worth approximately $63.7 billion. This acquisition increased Strategy’s Bitcoin yield to 9.6%, reinforcing its position as the largest corporate holder of Bitcoin.
Strive’s Balance Sheet and Financial Instruments
Strive’s balance sheet reflects its Bitcoin-centric strategy. Alongside its direct holdings, the company reported $90.5 million in cash and cash equivalents and additional exposure to Bitcoin-linked financial instruments, including preferred equity tied to Strategy Inc. This structure combines direct Bitcoin ownership with yield-generating instruments tied to the broader Bitcoin capital stack.
Recent Bitcoin Purchases and Expansion
Strive’s latest acquisition follows earlier purchases in 2026. In March, the company added 179 BTC, bringing its holdings at the time to over 13,000 BTC. It also expanded its exposure to structured credit products designed to support income generation tied to Bitcoin markets.
Education and Corporate Bitcoin Adoption
Beyond financial expansion, Strive is investing in education to promote corporate Bitcoin adoption. Its subsidiary, True North, plans to host a “Bitcoin for Business” summit in Oregon, targeting CFOs, founders, and treasury managers. The initiative aims to normalize Bitcoin within corporate finance frameworks.
Analyst Coverage and Market Valuation
In March, B. Riley Financial initiated coverage on both Strategy Inc. and Strive Inc., arguing that both stocks were undervalued relative to their Bitcoin treasury holdings. The firm highlighted compressed valuations, with Strategy trading near 1.2x NAV and Strive at 0.9x modified NAV. Analysts framed these discounts as an opportunity amid a broader pullback in Bitcoin.