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Strive buys 382 BTC for $30.3M, boosting total holdings to 15,391 BTC worth $1.2B.

Market News
20 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Strive, Inc. acquired 382 Bitcoin for about $30.3 million at an average price of $79,348 each, raising its total Bitcoin holdings to 15,391 BTC valued at roughly $1.2 billion. The company finances these purchases through preferred stock rather than debt and holds $87.3 million in cash. Strive ranks ninth among public companies in Bitcoin holdings and has achieved an 18.4% Bitcoin yield year-to-date. Analysts have responded positively, with price targets set at $30 and $38, while the company plans to start daily cash dividends on its preferred stock in June, marking a unique move in U.S. markets.

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