Strive (NASDAQ:ASST) has climbed into the top 10 public Bitcoin (CRYPTO: BTC) treasury companies after adding 317 BTC over the past week.
Expanding Bitcoin Holdings
The firm, backed by Vivek Ramaswamy, said the latest purchase brings its total holdings to 13,627.9 BTC, surpassing CleanSpark (NASDAQ:CLSK).
Since going public in September 2025, Strive has built its Bitcoin position through multiple funding sources, including PIPE proceeds, the acquisition of Semler Scientific and capital markets activity such as its IPO and follow-on offerings.
Its strategy relies on structured financing, particularly its SATA preferred stock, which it uses to raise capital. The product is positioned as a high-yield, Bitcoin-backed offering, like approaches used by Strategy (NASDAQ:MSTR).
Financial Performance Mixed
Strive reported improving internal metrics, including rising Bitcoin yield and gains, reflecting growth in Bitcoin per share.
However, results were weighed down by volatility in Bitcoin's price. The company posted a Q4 net loss of $393.6 million, largely driven by declines in the fair value of its holdings.
Despite the loss, Strive continues to expand its Bitcoin treasury, now valued at roughly $944 million, while focusing on building digital credit and Bitcoin-backed investment products.
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