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CoinDesk·2 min read·medium

Strive adds 2,500 bitcoin to hit 19,000 BTC a day after Strategy turns seller

S
Shaurya Malwa
Strive adds 2,500 bitcoin to hit 19,000 BTC a day after Strategy turns seller
AI Summary

Strive has acquired an additional 2,500 bitcoin, bringing its total treasury holdings to 19,000 BTC. The purchase occurred during a market dip, and the company maintains strong yield metrics alongside a new buy rating from Benchmark.

Why it matters

This move highlights the growing trend of corporate treasury diversification into cryptocurrency and the increasing institutional coverage of bitcoin-focused companies.

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Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strive adds 2,500 bitcoin to hit 19,000 BTC a day after Strategy turns seller Benchmark s Mark Palmer initiated coverage with a Buy rating and $32 price target as ASST shares fell 3.59% pre-market. By Shaurya Malwa Jun 2, 2026, 12:23 p.m. 1 min read Make preferred on What to know : Strive acquired 2,500 bitcoin for about $185.2 million at an average price of $74,092 per coin, bringing its total holdings to 19,000 BTC. The purchase, made amid a pullback in bitcoin’s price, follows Strive’s earlier buy at a higher average cost and comes as it reports a quarter-to-date BTC yield of 23.0 percent and year-to-date yield of 36.7 percent. Benchmark initiated coverage of Strive with a Buy rating and a $32 price target, implying roughly 93 percent upside from the company’s recent Class A share price despite a pre-market decline. Strive (ASST) has acquired 2,500 bitcoin for roughly $185.2 million at an average price of $74,092 per coin, the company reported in an 8-K filing.

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The article reports on financial filings and analyst ratings using standard business journalism conventions without loaded language.

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