Strive

Strive announced on August 24, 2026, the acquisition of 1,110 bitcoin for $81.5 million, increasing total holdings to 21,356 BTC and ranking as the seventh-largest public company bitcoin holder. This move continues the institutional accumulation strategy during bitcoin price pullbacks, reflecting strong conviction in bitcoin’s long-term value.

Strategy’s preferred stocks STRC and SATA saw sharp declines. Strive CEO Matt Cole attributes the selloff to forced liquidations from leveraged investors. Both products partially recovered after the drop.