Strive expands its bitcoin reserves by 1,109 coins, reaching 16,500 in total.

Strive is accelerating its bitcoin accumulation strategy while its stock posts a strong short-term recovery and the company evaluates new fundraising options.

In a recent filing, the firm disclosed it bought 1,109 bitcoin over the four days ending May 22 at an average price of roughly $76,989 per coin. The purchase lifts Strive’s total holdings to 16,500 BTC from 15,391 BTC, cementing its position as the seventh-largest publicly traded holder of bitcoin.

The company also reported an improvement in liquidity, with cash and cash equivalents increasing to $93.3 million from $87.3 million. In addition, the value of its holdings in Strategy Inc.’s STRC preferred stock rose slightly to more than $50 million.

Strive noted it is reviewing potential updates to its at-the-market (ATM) programs tied to both its Class A common shares and SATA preferred stock. The move signals a push for greater flexibility in raising capital, which could be used to fund further bitcoin purchases.

Shares of ASST have climbed 133% over the past three months, outperforming many peers in the bitcoin treasury space, although the stock remains more than 90% below its 2025 highs.

In premarket trading, ASST was up around 3%, tracking bitcoin’s move back toward the $77,000 level over the weekend.