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Strive has increased its BTC holdings by 317 coins, bringing the total position to 13,627.9 coins

2 hours ago

March 19 — Strive, the Bitcoin Treasury (DAT) firm tied to Vivek Ramaswamy, added 317 BTC over the past week (through March 17), pushing its total holdings to 13,627.9 BTC, according to The Block. The firm now ranks 10th among the top 10 public Bitcoin treasuries, surpassing CleanSpark. Since its September 2025 listing, Strive has accumulated Bitcoin via three key channels: 5,886 BTC from its initial PIPE financing, 5,048 BTC from acquiring Semler Scientific, and 2,694 BTC from capital market activities including its IPO, follow-on offerings, and market issuance plans. It funds its Bitcoin strategy with structured financial instruments, led by its core product: the Variable Rate Series A Perpetual Preferred Stock (SATA). Despite growing holdings, Strive reported a GAAP net loss of $393.6 million in Q4 2025 and a non-GAAP adjusted net loss of $208.2 million. Roughly 93% of the non-GAAP loss ($194.5 million) stemmed from a decline in the fair value of its Bitcoin holdings. As of March 17, Strive’s assets include: - $83.7 million in cash and cash equivalents; - $50.4 million in fair value of its STRC position; - Approximately $9.443 billion in market value of its Bitcoin holdings.
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