Close Menu
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Facebook X (Twitter) Instagram
    Bytecore News
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Bytecore News
    Home»Crypto News»Bitcoin»Bitcoin Treasury Race Shifts as Strive Adds $34M BTC and Strategy Slows Down
    Bitcoin
    Bitcoin

    Bitcoin Treasury Race Shifts as Strive Adds $34M BTC and Strategy Slows Down

    May 5, 20263 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    synthesia


    Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

    Strive Asset Management reported a quarterly Bitcoin yield of 4.3% and a yearly performance of 18.7% — figures that came alongside its latest purchase announcement and paint a picture of a firm moving with quiet urgency.

    A Firm Built Around Accumulation

    On Monday, CEO Matt Cole confirmed that Strive acquired 444 BTC for nearly $34 million, at an average price of about $76,307 per coin.

    Customgpt

    The buy pushes the company’s total holdings to around 15,000 BTC, placing it ninth among publicly disclosed Bitcoin treasury holders worldwide — just behind Coinbase and ahead of mining firm Hut 8.

    It wasn’t the first big move in recent days. On April 27, Strive added 789 BTC for just over $61 million, averaging nearly $77,890 per coin.

    Strive acquired an additional 444 $BTC for ~$33.9 million at an average cost of ~$76,307 per bitcoin.

    STRIVE SNAPSHOTBitcoin holdings: 15,000QTD BTC Yield: 4.3%YTD BTC Yield: 18.7%April ’26 $SATA Issuance: 584,730 sharesAmplification ratio: 43%$ASST $SATA pic.twitter.com/6P2zTSsClh

    — Matt Cole (@ColeMacro) May 4, 2026

    Together, the two transactions put the company’s spending close to $95 million in under two weeks. The buy-and-hold approach mirrors what Michael Saylor’s Strategy has been doing for years, though Strive is still a fraction of its size.

    ASST shares ticked up 0.87% following Monday’s announcement, trading at $16.45.

    Strategy Steps Back — Briefly

    While Strive was adding to its stack, Strategy made headlines for a different reason. Saylor confirmed the company did not buy any Bitcoin during the past week, ending a four-week buying streak. He indicated purchases would likely resume as early as next week.

    BTCUSD currently trading at $80,461. Chart: TradingView

    The pause drew attention partly because of how consistent Strategy had been. Any break in that pattern tends to get noticed. But based on reports, the halt appears temporary rather than a signal of any shift in the company’s broader Bitcoin strategy.

    No buys this week. Back to work next week. $BTC pic.twitter.com/lqliYZPAf4

    — Michael Saylor (@saylor) May 3, 2026

    New Shares, New Exposure

    Strive also disclosed details about its SATA share issuance. In April 2026, the company issued 584,730 SATA shares tied directly to its Bitcoin accumulation.

    Reports indicate the company’s amplification ratio — a metric showing how efficiently capital is being turned into Bitcoin exposure — stands at 43%.

    The SATA structure echoes the kind of financial instruments Strategy has used to fund its own purchases, giving investors a way to gain exposure to Bitcoin through equity rather than direct ownership.

    Vivek Ramaswamy’s firm has not laid out a specific target for how much Bitcoin it plans to hold. But the pace of buying over the past month suggests the accumulation plan is far from finished.

    Featured image from Unsplash, chart from TradingView

    Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





    Source link

    quillbot
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    CryptoExpert
    • Website

    Related Posts

    Ripple Shares DPRK Threat Data on Fraud Domains, Wallets, Campaigns

    May 5, 2026

    Bitcoin Buying Streak Ends? Saylor Confirms No New Strategy Purchase

    May 4, 2026

    France Scraps Dangerous Reporting Rule, Pension Fund Buys MSTR, And More

    May 3, 2026

    Bitcoin Market On Alert As Japan’s FX Intervention Sparks Liquidity Shock

    May 3, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    coinbase
    Latest Posts

    UAE Innovation City launches blockchain IDs for companies

    May 5, 2026

    TON and M Skyrocket by 30% Each, BTC Price Tapped $81K: Market Watch

    May 5, 2026

    Bitcoin Targets $86K After Key EMA Reclaim: Rally Ahead?

    May 5, 2026

    World Liberty Sues Sun For Defamation

    May 5, 2026

    Bankers Say CLARITY Act Stablecoin Provisions Still Flawed

    May 5, 2026
    binance
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    ETH Shows Breakout Signs but Danger Still Looms

    May 5, 2026

    Ex-Ripple Exec Breaks Down The XRP To $10,000 Predictions, Is It Possible?

    May 5, 2026
    kraken
    Facebook X (Twitter) Instagram Pinterest
    © 2026 BytecoreNews.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.