Strive Inc. Amasses Significant Bitcoin Holdings Amidst Net Loss

Strive Inc., a corporate treasury firm founded by Vivek Ramaswamy, has made significant strides in accumulating digital assets since its public listing. As of March 17, 2026, the company held 13,628 bitcoins, placing it among the top 10 corporate holders globally.

The majority of Strive's bitcoin holdings came from multiple sources, including initial private investment proceeds and stock exchange activity, which contributed 5,886 bitcoins. The acquisition of Semler Scientific Inc. added approximately 5,048 bitcoins to the company's portfolio. An additional 2,694 bitcoins were acquired through capital markets activity, such as public offerings and at-the-market issuances.

Strive's financial statements highlight the tension between aggressive asset accumulation and market volatility. The company's net loss largely stems from non-cash items, including unrealized losses on bitcoin holdings of $194.5 million, accounting for nearly 50 percent of the total GAAP deficit. Adjusted for these items, Strive's non-GAAP loss attributable to common shareholders narrowed to $208.2 million.

The company has introduced a proprietary metric called 'Bitcoin Yield' to measure the performance of its digital asset portfolio. By this measure, Strive reported a 22.2 percent yield in Q4 2025 and 13.8 percent quarter-to-date through mid-March 2026, equating to bitcoin gains of 1,305 and 1,050 coins, respectively.