Strive Buys 1,355 Bitcoin, Raises Weekly Target

Strive acquired 1,355 bitcoin for approximately $107.7 million last week, according to The Block. The purchase lifted the company’s total holdings to 26,355 BTC.

Strive is currently the fifth-largest public bitcoin holder, trailing Strategy, Twenty One, Metaplanet, and MARA. The company needs 17,160 more BTC to surpass Twenty One’s 43,514 BTC. With 14 full weeks remaining in 2026, Strive would need to buy about 1,226 BTC per week to reach that position.

Investors exercised nearly 786,000 warrants during the same period, producing about $21.2 million in gross proceeds. Approximately 58% of the funds raised arrived via SATA, Strive’s preferred stock.

TD Cowen analysts raised their price target for ASST shares from $32 to $44. The firm now expects Strive to hold 32,105 BTC by the end of 2026, up from a previous estimate of 27,156 BTC. TD Cowen also raised its projected full-year BTC Yield from 54.1% to 70.1%.

ASST shares fell about 1.5% to $29.65 in early Monday trading after reaching $31.50 in premarket. Bitcoin climbed past $85,000, rising more than 5% within a day while liquidations of short positions exceeded $648 million.