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The firm currently possesses 21,356 BTC.
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Bitcoin is trading at approximately $80,318.59, having rebounded from a low of $56,000 to $58,000 experienced earlier this year.
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In a recent update, CEO Matt Cole expressed on social media that the Bitcoin surge is just beginning, mentioning that Strive is operating at full capacity.
Strive Inc. (ASST) shares saw a significant increase, closing over 9% higher after the company disclosed to the SEC that it had acquired 1,110 BTC at an average cost of $73,409 each, between August 17 and August 21.
This investment amounts to nearly $81.5 million, raising their total Bitcoin holdings to 21,356 BTC.
“A year ago, Strive held no Bitcoin. Now, we possess over 1 out of every 1,000 Bitcoins that will ever be mined. With Strive progressing robustly, it will be exciting to see how our holdings grow in one year,” stated CEO Matt Cole on X.
Cole Asserts Bitcoin Bull Market is Just Unfolding
In another post on X, Cole remarked that February 19 marked the bottom of the bear market for ASST stock, indicating a significant shift in market sentiment since then.
The CEO emphasized that despite the negative outlook surrounding Strive at its lowest point, the team remained optimistic about the long-term prospects. They recognized the value of their Bitcoin holdings and the strategic amplification plan developed around them, along with the strong team they had in place.
Bitcoin’s price currently stands at around $80,318.59, rebounding from earlier lows of $56,000 to $58,000.
The confidence in the Bitcoin strategy was evident among executives and board members, with many purchasing shares personally, some even resigning from the board to dedicate themselves fully to the company, reinforcing their strong team dynamic and belief in executing their vision, as Cole noted.
“Today, ASST is performing well, and the overall atmosphere is positive, but our focus remains steadfast. The Bitcoin bull market is just beginning; we have the necessary structures in place to leverage it, and Strive is operating at peak efficiency. We remain fully invested,” he concluded.
Recent Performance of ASST Stock
The previous year’s performance of ASST stock has been disappointing, with a decline exceeding 77% in value.
Nevertheless, the stock has risen over 33% in 2026, achieving nearly 72% gains just in the past month.
Retail Sentiment on ASST Stock
Retail sentiment surrounding ASST stock on Stocktwits has entered the ‘extremely bullish’ range, with message activity increasing by over 190% in just the last 24 hours.