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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
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Sign InStrive has expanded its Bitcoin treasury by purchasing approximately 382 BTC for roughly $30 million. According to reports, this acquisition brings the firm's total audited balance to 15,391 BTC. The move is part of the company's ongoing strategy to accumulate Bitcoin as a primary treasury reserve asset following its recent merger with Semler.
With this purchase, Strive maintains its position as the ninth-largest corporate Bitcoin treasury globally, following the lead of market giants like MicroStrategy. Per market data, continued corporate accumulation reflects growing institutional confidence in digital assets as inflation hedges, particularly after the U.S. Producer Price Index (PPI) hit 1.4% on May 13, 2026, significantly exceeding the 0.5% forecast.
Bitcoin BTC stood at $91,420 (at close May 18, 2026), with traders monitoring support levels near institutional entry points. Looking ahead, investors are focused on upcoming catalysts in the economic calendar, specifically speeches from Fed officials Collins and Kashkari, which may provide further clarity on monetary policy and its impact on crypto market liquidity.
Update: The company has announced it is now debt-free and disclosed an average Bitcoin purchase price of $79,348 per coin. Furthermore, Strive plans to transition to a daily dividend schedule with approximately 250 annual payments, effective June 16, 2026.