06.04.2026 16:51

# ASST Stock Surges 5% as Strive Bolsters Treasury With 113 BTC Acquisition

Strive Inc. saw its share price climb after announcing another significant Bitcoin purchase and providing investors with an updated view of its financial position. As of April 6, 2026, ASST stock had risen approximately 5%, while the company's Bitcoin treasury expanded to 13,741 BTC following the acquisition of 113 Bitcoin valued at roughly $7.75 million. According to figures disclosed in regulatory filings, the most recent purchase was executed at an average price of around $68,577 per Bitcoin. This development intensified investor attention on Strive's distinctive treasury approach, which blends direct cryptocurrency exposure with substantial cash reserves and related equity holdings. The company has now established itself among the leading public corporations holding Bitcoin on their balance sheets.

The filing also revealed that Strive maintained $86.9 million in cash and cash equivalents as of April 2, 2026. Additionally, the company disclosed a $50.5 million position in Strategy Variable Rate Perpetual Stretch Preferred Shares Series A, commonly referred to as STRC. These holdings together offered investors a more comprehensive understanding of the company's liquidity position and investment strategy.

The latest acquisition of 113 Bitcoin pushed Strive's total cryptocurrency holdings to 13,741 BTC. Based on market valuations during early April, this treasury exceeded $950 million in worth. The expanding Bitcoin position continues to serve as a defining element of the ASST stock narrative. However, according to the filing, Strive's average cost basis for Bitcoin stood at approximately $104,073 per coin. At current market prices, this results in over $500 million in unrealized losses on paper.

Despite these mark-to-market losses, Strive has remained committed to accumulating Bitcoin rather than reducing its purchasing momentum. The company's strategy has attracted considerable market interest due to its combination of aggressive accumulation and innovative funding mechanisms. Strive continues to leverage its capital structure to facilitate additional purchases, including the utilization of SATA, its variable rate Series A perpetual preferred stock. The filing also provided detailed insights into the company's share structure.