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Strive added 179 BTC, raising its treasury to 13,311 Bitcoin valued near $930M at current prices.
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The new total moves Strive ahead of Tesla’s 11,509 BTC, placing it among the largest corporate holders.
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Company also raised SATA preferred dividend to 12.75% and bought $50M of Strategy STRC shares.
Strive Inc. expanded its corporate Bitcoin treasury after purchasing 179 additional BTC, bringing total holdings to 13,311 Bitcoin. The company disclosed the update Wednesday alongside several balance sheet changes. According to the announcement, the holdings now carry an estimated value of roughly $930 million at current market prices.
Bitcoin Treasury Continues To Grow
Strive confirmed the latest purchase in its corporate update. The transaction increased the firm’s Bitcoin reserves to about 13,311 BTC. At current market prices, the holdings approach $930 million. Notably, the purchase moves Strive ahead of Tesla in corporate Bitcoin ownership.
Tesla currently holds 11,509 BTC. The new total places Strive among the largest corporate Bitcoin holders. According to available rankings, the company now sits near the eleventh position globally. CleanSpark currently holds the position directly ahead of Strive.
Meanwhile, the company also reported balance sheet figures dated March 9, 2026. At that time, Strive held $143.4 million in cash and cash equivalents.
Preferred Stock Terms Receive Update
In addition to the Bitcoin purchase, Strive adjusted terms for its SATA perpetual preferred shares. The company increased the dividend rate by 25 basis points. The new dividend rate stands at 12.75 percent. Strive also declared a dividend of $1.0625 per SATA share.
The payment applies to shareholders recorded by April 1, 2026. The company scheduled the payout for April 15. Additionally, management narrowed the targeted SATA trading range. The updated band now sits between $99 and $101.
Previously, the expected range stretched from $95 to $105. Furthermore, Strive said it will avoid issuing new SATA shares below $100.
Strategy Preferred Stock Added To Reserves
Strive also deployed $50 million to acquire 500,000 shares of Strategy’s Variable Rate Series A Perpetual Stretch Preferred Stock. The instrument trades under the ticker STRC. Jeff Walton, Strive’s chief risk officer, addressed the purchase in the announcement.
He said the company views STRC as a high-quality credit instrument. Meanwhile, the acquisition expanded reserves supporting SATA dividend payments. The company increased the dividend reserve coverage to 18 months.
This reserve includes 12 months of cash and six additional months backed by STRC holdings. According to the company, combined reserves cover more than 19 years of SATA interest payments.
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