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Strive adds 2,500 <a href="https://jpykr.com/btc-usd/">bitcoin</a> to hit 19,000 <a href="https://jpyeur.com/btc-usd/">BTC</a> a day after Strategy turns sellerMarkets

What to know:

Strive acquired 2,500 bitcoin for about $185.2 million at an average price of $74,092 per coin, bringing its total holdings to 19,000 BTC.
The purchase, made amid a pullback in bitcoin’s price, follows Strive’s earlier buy at a higher average cost and comes as it reports a quarter-to-date BTC yield of 23.0 percent and year-to-date yield of 36.7 percent.
Benchmark initiated coverage of Strive with a Buy rating and a $32 price target, implying roughly 93 percent upside from the company’s recent Class A share price despite a pre-market decline.

Strive has purchased 2,500 bitcoins for approximately $185.2 million, averaging $74,092 per bitcoin, according to a recent company filing.

The purchase price was lower than Strive’s previous Bitcoin buy on May 22nd, when they paid $76,989 per BTC. This indicates Strive took advantage of the recent price drop – Bitcoin fell from over $74,000 last week to around $70,800 on Tuesday morning, according to CoinDesk.

Strive reported strong performance, with a 23.0% return on its Bitcoin holdings so far this quarter and a 36.7% return year-to-date. They achieved this with a 57.0% boost in returns. The company has also built up cash reserves to cover dividends for the next 18 months.

Strive recently purchased another 2,500 Bitcoin for approximately $185.2 million, bringing the average cost per Bitcoin to around $74,092.

Here’s a quick update on Strive’s Bitcoin holdings:
* Total Bitcoin held: 19,000
* Quarter-to-date Bitcoin yield: 23.0%
* Year-to-date Bitcoin yield: 36.7%
* Amplification ratio: 57.0%

Cash reserves were also increased to cover dividends for the next 18 months.

— Matt Cole (@ColeMacro) June 2, 2026

With this new purchase, the company now holds a total of 19,000 Bitcoin, according to available data. This moves them into the top 10 publicly traded companies with the largest Bitcoin holdings.

Strategy (MSTR), the company holding the most bitcoin among corporations, recently announced it sold 32 bitcoin for $2.5 million—an average of $77,135 per bitcoin. This sale, which happened on Monday, triggered a drop in the price of both bitcoin and the wider cryptocurrency market.

On Tuesday, analyst Mark Palmer at Benchmark began following Strive stock and recommended buying it, setting a price target of $32 per share. This suggests the stock could increase in value by about 93%, even though its price dipped 3.59% to $16.58 before regular trading began.

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