Asset management company Strive Asset Management has expanded its exposure to the largest cryptocurrency with a sizeable new purchase announced by the firm’s 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’s latest move.
CEO Matt Cole outlined on X that the average acquisition price was $74,092 per unit. The firm’s total stash has grown to approximately 19,000 $BTC, which cements its position among the more aggressive institutional accumulators.
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%.
The firm also disclosed an “amplification ratio” of 57%. The metric is often used to reflect the firm’s ability to enhance its Bitcoin exposure relative to its capital base, potentially through structured financial strategies.
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.
Strive acquired an additional 2,500 $BTC for ~$185.2M at an average cost of ~$74,092 per bitcoin.
STRIVE SNAPSHOT
Bitcoin holdings: 19,000
QTD $BTC Yield: 23.0%
YTD $BTC Yield: 36.7%
Amplification ratio: 57.0%Cash was increased to maintain 18-month dividend reserve.$ASST $SATA pic.twitter.com/eTPHmMHBh1
— Matt Cole (@ColeMacro) June 2, 2026
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The company has been a long-term supporter of the leading cryptocurrency. As reported last year, it outlined plans to accumulate up to 75,000 $BTC, mostly through Mt. Gox sales.
Interestingly, the latest accumulation was announced during a week in which Strategy, the world’s largest corporate holder of the cryptocurrency, sold a small portion of its holdings.
cryptopotato.com