CryptoMediumUpdatedOriginally published 7 September 2026Updated 7 September 2026
1 min read

Strive Stock Hits Yearly High as Bitcoin Holdings Reach 23,156 BTC

Key Facts

1Strive CEO Matt Cole announced an upcoming purchase of over 1,100 BTC.
2Strive's Bitcoin acquisition strategy is funded through equity issuance.

Reflecting an accelerating institutional race to bolster digital reserves, Strive has increased its total Bitcoin holdings to 23,156 BTC. This expansion follows CEO Matt Cole's announcement of plans to acquire over 1,100 additional units, a strategy funded through equity issuance rather than traditional debt. These moves are designed to solidify the firm's position as a leading institution utilizing cryptocurrency as a primary strategic treasury reserve asset.

Market sentiment has responded positively to these developments, driving the Nasdaq-listed ASST stock to a new yearly high above the $27 mark. Per market data, the stock closed at $27.14 on September 4, 2026, following a session that saw prices fluctuate between $25.18 and $27.35. This price momentum underscores investor confidence in Strive's equity-based financing model and the perceived long-term value of Bitcoin for shareholders.

Traders should monitor whether the stock can maintain its position above current support levels after hitting the yearly high of $27.14 (close September 4, 2026). Looking at the economic calendar, there are no immediate crypto-specific catalysts scheduled for the next seven days; however, the impact of recently released global Manufacturing PMI data on general risk appetite remains a key factor for digital assets and related equities.