Bitcoin price news: Strive buys near $59,850 and holds 19,882 BTC
Strive's July 6, 2026 8-K reported buying 17.76 BTC near $59,850 each, lifting holdings to 19,882 BTC, after adding 6,236 BTC during the second quarter.
| Metric | Figure |
|---|---|
| Filing date | July 6, 2026 |
| BTC bought June 29–July 2 | 17.76 BTC |
| Approx. price paid | ~$59,850 per BTC |
| Total BTC held (July 2) | 19,882 BTC |
| Q2 2026 BTC bought | 6,236 BTC |
| Q2 average cost | $74,290 per BTC |
| Cash (June 30) | $144.5M |
| Bitcoin value (June 30) | $1.164B |
| STRC stock held | 505,000 shares, $42.9M |
Strive, Inc. filed a Form 8-K on July 6, 2026, giving a data point for bitcoin price news through a corporate buyer’s purchase prices. The company said it acquired 17.76 BTC between June 29 and July 2 at roughly $59,850 per coin.
That lifted total holdings to 19,882 BTC as of July 2, from 19,864. For the full second quarter, Strive reported buying 6,236 BTC at an average cost of $74,290 each, well above the price paid in the early-July purchase.
As of June 30, the company reported $144.5 million in cash and equivalents and bitcoin valued at $1.164 billion. It also held 505,000 shares of STRC stock valued at $42.9 million. Strive put the combined total of these items at $1.351 billion.
Shares outstanding at June 30 were 72,164,809 Class A, 9,780,018 Class B and 7,829,502 shares of SATA stock. The Class A shares trade on Nasdaq as ASST and the preferred as SATA.
The gap between the quarterly average cost and the early-July purchase price shows how far prices moved during the period covered by the filing, based on the company’s own reported figures.
The filing also shows how such companies blend holdings. Beyond bitcoin and cash, Strive reported a position in STRC, a preferred security issued by another bitcoin-focused company, giving it indirect exposure through a second instrument.
The capital structure is layered as well. Two classes of common stock and a listed preferred, SATA, sit alongside the bitcoin holdings. Changes in the preferred share count can signal how the company is funding purchases, since preferred issuance has become a common financing route for bitcoin treasury companies.
The early-July purchase was small relative to second-quarter buying, which may reflect pacing rather than a change in strategy; the 8-K does not explain the size of the purchase.
What to watch: the size and pricing of further purchases in subsequent 8-Ks, cash levels relative to bitcoin holdings, and changes in the preferred share count.
Prepared with AI assistance from public sources and reviewed under our editorial policy. Not investment advice.