Bitcoin News

Story: Strive Increases Bitcoin Holdings to 19,900 with $64,000 Purchase, Cash Reserves Steady

By Jean-Luc Maracon

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What the SEC Filing Says About Cash Reserves. As of July 10, Strive had $154.1 million in cash and cash equivalents.

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Strive, Ramaswamy, and the Long-Term Accumulation Logic. A quick recap on who Strive is. Founded in 2022 by Vivek Ramaswamy and Anson Frericks, the company…

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Strive has just acquired 18 bitcoins. Not much on paper, but the 8-K filing submitted to the SEC on Monday reveals something interesting about the market's state—and Strive's…

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The purchases occurred between July 6 and July 10. Average price paid: approximately $64,028 per bitcoin, including fees. Total spent: about $1.2 million.

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The total bitcoin holdings now rise to 19,900 coins.

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As of July 10, Strive had $154.1 million in cash and cash equivalents. That's $700,000 more than on July 2.

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Strive also holds 505,000 shares of Strategy's Variable Rate Series A, valued at $44.2 million as of July 10. This is down by $202,000 over the same period.

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So basically: Strive is managing multiple layers of assets simultaneously, with bitcoin as the centerpiece and financial instruments around it to support the operation.

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A quick recap on who Strive is. Founded in 2022 by Vivek Ramaswamy and Anson Frericks, the company was originally called Strive Asset Management.

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See also: Standard Chartered Encourages Rethinking the Strategy of the Largest Bitcoin Treasury Company

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The accumulation has been done in waves from the start. By the end of 2025, Strive had purchased 1,567 bitcoins at an average price of $103,315—financed by preferred stock…

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The pace is clearly slowing. Probably because the Semler deal isn't finalized yet, and Strive prefers to keep its powder dry.

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What is clear: the company isn't selling. It's buying, even if slowly.

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The logic remains the same from the start—accumulate, hold, outperform bitcoin in the long term.

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Read also: Long-Term Bitcoin Holders Now Control 84% of Supply While Short-Term Coins

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