Strive (ASST), a public asset manager focused on Bitcoin (BTC), has elevated itself among the top public treasuries holding BTC. The figures had symbolic implications tied to the founding year of the United States of America (USA).
According to a Form 8-K filing with the US Securities and Exchange Commission (SEC) on Monday, Strive acquired 17.76 BTC between June 29 and July 2. It came with an average cost of approximately $59,850 per BTC, bringing its total purchase to around $1.063 million for the week.
The move raised the company’s total holdings of the premier crypto asset to 19,882 BTC, allowing it to rise to seventh on the top 100 public Bitcoin treasury company rankings. To date, it has overtaken SpaceX’s 18,712 BTC portfolio and is just next to Bullish’s 24,300 BTC holdings.
Top Bitcoin Treasury Companies (Source: BitcoinTreasuries.net)
Strive’s Bitcoin purchases have been relatively small compared to the Blitzkrieg approaches of giants like Strategy (MSTR) and Metaplanet (MPJPY). However, they have been largely symbolic as of late.
On June 8, Strive took a jab at Strategy’s second-ever Bitcoin sale by buying 32 BTC. The amount simply reflected the top Bitcoin treasury company’s strategic sale a week prior, which put so much stress on the market.
Strive’s latest acquisition serves as a quick nod to the USA’s founding year. Last July 4 marked the 250th anniversary of the country’s independence, two and a half centuries after the official signing of the United States Declaration of Independence.
Vivek Ramaswamy and Anson Frericks founded Strive in 2022. They grounded their principles in their vision to “depoliticize corporate America” by democratizing Americans’ access to financial opportunities not driven by controversial environmental, social, and governance (ESG) or diversity, equity, and inclusion (DEI) standards.
Stock Titan estimates that the former Republican presidential candidate maintains roughly a 7.6% stake in Strive’s Class A common stock based on his filing in the first half of 2026. He also recently secured his party’s nomination after a landslide victory in the primaries.
Ramaswamy has now advanced to face Amy Acton, the Democratic Party’s uncontested candidate. Polls show the two almost deadlocked, with the New York Times indicating that a tie at 47% in surveys. Meanwhile, AARP and Fox News polls show Acton leads by a tight margin.
On the other hand, Polymarket traders appear to favor Ramaswamy, as he secured 52% odds of winning against Acton’s 48% chance.
Ramaswamy vs Action in Ohio (Source: Polymarket)
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