
{"id":173790,"date":"2026-06-02T12:45:29","date_gmt":"2026-06-02T12:45:29","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=173790"},"modified":"2026-06-02T12:45:29","modified_gmt":"2026-06-02T12:45:29","slug":"strive-doubles-down-on-bitcoin-with-185m-buy-holdings-near-19000-btc","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=173790","title":{"rendered":"Strive Doubles Down on Bitcoin With $185M Buy, Holdings Near 19,000 BTC"},"content":{"rendered":"<p>Asset management company Strive Asset Management has expanded its exposure to the largest cryptocurrency with a sizeable new purchase announced by the firm\u2019s CEO minutes ago.<\/p>\n<p>The acquisition of an additional 2,500 BTC, bought for just over $185 million, signals continued institutional confidence in the asset despite recent market uncertainty and Strategy\u2019s latest move.<\/p>\n<p>CEO Matt Cole outlined on X that the average acquisition price was $74,092 per unit. The firm\u2019s total stash has grown to approximately 19,000 BTC, which cements its position among the more aggressive institutional accumulators.<\/p>\n<p>According to the post, Strive has strong internal performance metrics tied to its BTC strategy. Quarter-to-date (QTD) BTC yield stands at 23%, while year-to-date (YTD) yield has risen to 36.7%.<\/p>\n<p>The firm also disclosed an \u201camplification ratio\u201d of 57%. The metric is often used to reflect the firm\u2019s ability to enhance its Bitcoin exposure relative to its capital base, potentially through structured financial strategies.<\/p>\n<p>Aside from the substantial BTC accumulation, Strive aims for a more cautious financial buffer. It confirmed that it has increased its cash reserves to secure an 18-month dividend runway, a move suggesting a balanced approach between aggressive Bitcoin exposure and shareholder stability.<\/p>\n<p>Strive acquired an additional 2,500 <a href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> for ~$185.2M at an average cost of ~$74,092 per bitcoin.<\/p>\n<p>STRIVE SNAPSHOT<br \/>\nBitcoin holdings: 19,000<br \/>\nQTD BTC Yield: 23.0%<br \/>\nYTD BTC Yield: 36.7%<br \/>\nAmplification ratio: 57.0%<\/p>\n<p>Cash was increased to maintain 18-month dividend reserve.<a href=\"https:\/\/x.com\/search?q=%24ASST&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ASST<\/a> <a href=\"https:\/\/x.com\/search?q=%24SATA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$SATA<\/a> <a href=\"https:\/\/t.co\/eTPHmMHBh1\">pic.twitter.com\/eTPHmMHBh1<\/a><\/p>\n<p>\u2014 Matt Cole (@ColeMacro) <a href=\"https:\/\/x.com\/ColeMacro\/status\/2061781134095376428?ref_src=twsrc%5Etfw\">June 2, 2026<\/a><\/p>\n\n<p>The company has been a long-term supporter of the leading cryptocurrency. As reported last year, it <a href=\"https:\/\/cryptopotato.com\/strive-asset-management-eyes-8b-in-bitcoin-from-mt-gox-claims\/\">outlined<\/a> plans to accumulate up to 75,000 BTC, mostly through Mt. Gox sales.<\/p>\n<p>Interestingly, the latest accumulation was announced during a week in which Strategy, the world\u2019s largest corporate holder of the cryptocurrency, <a href=\"https:\/\/cryptopotato.com\/strategy-sold-bitcoin-but-its-not-what-you-may-think\/\">sold<\/a> a small portion of its holdings.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/strive-doubles-down-on-bitcoin-with-185m-buy-holdings-near-19000-btc\/\">Strive Doubles Down on Bitcoin With $185M Buy, Holdings Near 19,000 BTC<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Asset management company Strive Asset Management has expanded its exposure to the largest cryptocurrency with a sizeable new purchase announced by the firm\u2019s CEO minutes ago. The acquisition of an additional 2,500 BTC, bought for just over $185 million, signals continued institutional confidence in the asset despite recent market uncertainty and Strategy\u2019s latest move. CEO [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-173790","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/173790"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=173790"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/173790\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=173790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=173790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=173790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}