Strive acquired an additional 759 Bitcoin between June 15th and June 21st for approximately $50 million, increasing its total holdings to 19,864 Bitcoin, according to a Form 8-K filed with the U.S. Securities and Exchange Commission.

The company stated that it purchased 759 Bitcoin for approximately $50 million at an average price of approximately $65,850 per Bitcoin, including fees and expenses.

Strive also reported growth in its cash position. Cash and cash equivalents increased by approximately $3.1 million, rising from $141.4 million as of June 12th to $144.5 million as of June 18th.

The company disclosed that it continues to hold 505,000 shares of Strategy's Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). 

The fair value of those holdings declined from approximately $47.9 million to $44.7 million during the reporting period.

Strive's Class A common shares outstanding increased by approximately 1.89 million shares to 71.8 million, while outstanding SATA preferred shares rose by 315,595 shares to approximately 7.83 million. Class B common shares remained unchanged.

The filing noted that reported share counts include shares sold through 4:00 p.m. Eastern Time that are scheduled to be issued on the following business day.

The latest purchase follows Strive's continued expansion of its Bitcoin treasury strategy.