Vivek Ramaswamy's Strive just bought another 1,109 bitcoin worth roughly $85 million, bringing its total treasury to over 16,500 BTC valued at approximately $1.27 billion.
Strive, which trades on Nasdaq under the ticker ASST, has been on a buying spree. The company held 15,391 BTC as of May 18 and has now added another 1,109 in the latest purchase. It ranks among the top 10 largest public corporate bitcoin holders, sitting near Riot Platforms (15,680 BTC) and Coinbase (15,389 BTC). Strategy remains far ahead of the pack at 818,334 BTC.
The company describes itself as the first public asset management bitcoin treasury corporation. Its strategy centers on increasing bitcoin per share as a benchmark for corporate performance. Strive completed its acquisition of Semler Scientific in January 2026, which gave it an initial base of 12,798 BTC. Since then it has added nearly 4,000 BTC through a series of weekly purchases funded by stock offerings and convertible notes.
Friday's purchase was reportedly the largest single-day bitcoin buy in the company's history at roughly 259 BTC. Michael Saylor publicly praised Strive's accumulation pace, noting it outpaced Strategy's own weekly buy rate.
Strive's aggressive stacking comes during a period of bitcoin price weakness, with BTC trading around $76,700, down roughly 30% from its all-time high above $109,000 in January. The company has been buying through the drawdown, averaging purchase prices in the $76,000-$80,000 range across recent weeks.
