Strive Treasury Swallows 453 BTC in Record-Setting Single Day

Strive, Inc.'s (ASST) treasury just crossed an unexpected threshold, absorbing approximately 453 BTC in what marks the first full-supply absorption event since May 14. This milestone occurred on a day that saw the biggest volume trading of SATA, a preferred stock instrument, through Strive's at-the-market program.

The single-day total of around 408 BTC eclipsed the prior record of approximately 404 BTC set just last Friday. The additional 3 BTC above the daily mining total came from secondary market sellers selling into open demand.

This event is a testament to the innovative mechanism used by Strive's SATA, which issues new preferred shares when trading at or above its $100 par value and converts proceeds directly into bitcoin. This strategy has concentrated buying pressure into windows where demand pushes the stock above the threshold, allowing for significant BTC purchases.

JPMorgan projects that Strategy could deploy roughly $30 billion in bitcoin acquisitions across 2026. However, on the metric Strive has chosen to compete on, bitcoin per share, the gap is narrowing between the two companies.