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    Home»Bitcoin News»Strive (ASST) Acquires 73 Bitcoin For $4.7 Million, Pushes Treasury To 19,105 BTC
    Bitcoin News

    Strive (ASST) Acquires 73 Bitcoin For $4.7 Million, Pushes Treasury To 19,105 BTC

    CryptoGateBy CryptoGateJune 16, 2026No Comments4 Mins Read
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    Try, Inc. (Nasdaq: ASST) has bought 73 bitcoin at a median value of roughly $63,646 per coin, for a complete of roughly $4.7 million, the Dallas-based bitcoin treasury firm disclosed in a Kind 8-Okay submitting with the Securities and Change Fee on Monday. 

    The purchase was made between June 8 and June 14, pushing Try’s complete bitcoin holdings to 19,105 BTC. The acquisition marks continued, methodical accumulation from an organization that has constructed one of many fastest-growing bitcoin treasuries amongst publicly traded companies. 

    Alongside the bitcoin buy, Try’s money and money equivalents rose modestly from $139.2 million as of June 5 to $141.4 million as of June 12. The corporate’s holdings of Variable Charge Collection A Perpetual Stretch Most popular Inventory of Technique (STRC) held flat at 505,000 shares, with honest worth ticking up barely from $47.2 million to $47.9 million over the identical interval.

    Try’s Class A typical inventory share depend elevated by roughly 483,400 shares to 69,894,045 through the week, reflecting issuance via the corporate’s at-the-market fairness program. Class B frequent inventory and SATA most well-liked shares remained unchanged. The SATA inventory, Try’s Variable Charge Collection A Perpetual Most popular Inventory, has been a key instrument within the firm’s capital technique. 

    As of June 16, Try plans to transition SATA’s 13% APR month-to-month dividend to a every day schedule, paying the identical annual yield each enterprise day — a transfer designed to extend liquidity and appeal to capital for additional bitcoin acquisition.

    Try’s public merger

    Try entered the general public bitcoin treasury area at velocity. In September 2025, the corporate announced a merger with Semler Scientific (Nasdaq: SMLR), an all-stock deal that introduced Semler’s 5,048 BTC onto Try’s steadiness sheet upon shut. The transaction closed in January 2026, giving Try 12,797.9 BTC and positioning it as one of many high company bitcoin holders globally, surpassing each Tesla and Trump Media & Know-how Group on the time of closing.

    Since then, Try has continued to layer on purchases. By late January, the corporate had secured $225 million via its SATA most well-liked inventory issuance and used a part of the proceeds so as to add 333.89 BTC at a median of $89,851 per coin, bringing holdings previous 13,131 BTC whereas clearing most of its excellent debt. 

    In early Could, the corporate crossed the 15,000 BTC threshold after buying 444 bitcoin for $33.9 million at a median of $76,307 per coin, and added one other 381.61 BTC between Could 13 and Could 18 at roughly $79,348 every. The corporate’s treasury tracker reveals a June 1 buy of roughly 2,500 BTC at roughly $74,092, which represented considered one of its largest single-week acquisitions thus far.

    The corporate’s bitcoin technique carries the broader philosophy of its founder. Try positions bitcoin not simply as a treasury reserve however because the capital allocation benchmark for the complete enterprise — a “bitcoin-first” framework that units BTC because the hurdle price in opposition to which all different investments are measured. That method, constructed out of the Semler Scientific acquisition and an increasing most well-liked fairness program, has taken Try from beneath 8,000 BTC in late 2025 to greater than 19,000 BTC immediately.

    Bitcoin and the weekend rally

    The timing of Try’s disclosure coincides with a notable bitcoin restoration. Bitcoin climbed above $66,000 on Sunday after President Trump introduced a U.S.-Iran peace deal, with the formal signing set for June 19. 

    The geopolitical breakthrough — which incorporates the lifting of the U.S. naval blockade and the reopening of the Strait of Hormuz — despatched oil costs down roughly 5% to $80 per barrel and pushed threat belongings larger throughout the board. Bitcoin’s positive factors have been concentrated within the hours after the Saturday announcement, with the asset up roughly 3% over 24 hours by Monday morning. 



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