Strive Buys $50M STRC Strategy Stock, Adds 179 Bitcoin

Key Insights:

• Strive acquired a $50 million stake in STRC Strategy stock.
• The firm also added 179 BTC to its reserve, bringing its total to 13,311 BTC.
• The ASST stock gained over 2% following the news.

Strive, Inc. (NASDAQ: ASST) has acquired a significant reserve of Bitcoin (BTC) and Strategy Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). Further, the firm raised the dividend rate on its SATA digital credit product. The STRC Strategy stock acquisition led to an increase in ASST price.

Strive Invests in Strategy Stock & Buys More BTC

In a bid to diversify its capital structure, the firm bought 500,000 shares of STRC Strategy stock, valued at $50 million. Meanwhile, Strive was still accumulating BTC and had purchased 179 more BTC since its last filing, mirroring Strategy’s latest Bitcoin acquisition. The company has about 13,311 Bitcoin at the moment.

Additionally, Strive boosted the dividend rate on SATA by 25 basis points to 12.75%. The firm announced that it declared a dividend of $1.0625 per share of SATA stock. The dividend will be paid to shareholders of record on April 15, 2026.

Strive also narrowed the targeted trading range of the SATA. The company has since estimated that the product will trade between $99 and $101, and this has been revised to the earlier range of $95-105. It also revised its policy on issuing shares, announcing that it will not offer SATA shares through at-the-market issues or follow-on offerings unless the price is below $100.

Strive’s Executive Comments On Recent Acquisitions

According to Strive Chief Executive Officer Matthew Cole, the changes are meant to strengthen the company’s digital credit strategy.

“We believe Digital Credit could be a multi-trillion-dollar opportunity, and every single update today aims to improve the credit quality and lower the expected volatility profile of our Digital Credit product, SATA,” Cole said in an announcement.

Strive also increased the SATA dividend reserve. The reserve has now been extended to 18 months of payouts. It incorporates 12 months of cash and cash equivalents and 6 months supported by STRC, depending on current trading levels. Earlier, the reserve was a cash amount that was 12 months.

Strive Chief Risk Officer Jeff Walton claimed the purchase of STRC has structural advantages. “Its combination of higher yield and greater liquidity allows us to optimize our capital structure and rethink how we allocate short and moderate-duration capital,” Walton said.

By March 9, the amount of SATA interest payments the company could cover with a combination of its Bitcoin reserves, STRC holdings, and cash exceeded 19 years, the company said. Strive’s CIO, Ben Werkman, indicated that the company is still working on expanding its Bitcoin footprint.

STRC, ASST, and MSTR Strategy Stock Performance Update

On Tuesday, the Strive stock gained significantly. The ASST stock traded at approximately $9.17, up by around 2.12% on Wednesday. Meanwhile, Strategy Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) moved up slightly.

ASST Stock Price | Source: NASDAQ

The STRC stock was at $100.11, up by 0.089%, at the time of writing. However, the Strategy stock (MSTR) dropped slightly. The MSTR stock was trading around $138.25, down 0.15%.

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