Strive, Inc.

Strive CEO Matt Cole declared the Bitcoin bear market over after Bitcoin broke out against the U.S. dollar and gold simultaneously, sending Strive stock up 5% to $19.09 and Strategy stock up 3% to $123.05 in early Monday trading. Cole cited the dual breakout as the basis for his conviction, while Strive holds 20,246 Bitcoin at an average cost of $94,345, ranking seventh among public company holders. Separately, Strategy disclosed in an 8-K that it raised over $2 billion by selling 18,261,118 shares last week at an average of $109.88 without selling any Bitcoin, with $1.57 billion of the proceeds placed into a newly created unrestricted cash account called USD Cash. SharpLink's institutional ownership rose 12 percentage points to 60%, and Bitmine Immersion Technologies, the largest corporate Ethereum holder with more than 3.73 million ETH, also rose 3% to $23.50. The CoinShares Bitcoin Mining and Digital Power ETF slid 2% to $45 and was down 20% over the past month, underscoring the divergence between treasury vehicles and miners.

Strive, Inc. director Pierre Rochard reported a direct purchase of 15,900 shares in a SEC Form 4 filing, marking his initial entry into a direct equity position in the company. The transaction was valued at $199,386 based on a weighted average purchase price of $12.54 per share, giving Rochard an insider ownership stake of 0.0189%. Strive operates as an asset management firm focused exclusively on Bitcoin treasury strategy, and as of its latest filing reported trailing-twelve-month revenue of $8.8 million and a net loss of $1.1 billion. Shares of Strive closed at $13.20 on August 17, 2026, following a one-year return of negative 86% as of the August 14 transaction date.

Investment management giant Vanguard has increased its stake in Bitcoin treasury company Strive Asset Management, adding more than 269,000 shares through one of its flagship index funds. The move expands institutional exposure to Bitcoin-linked equities as the $12 trillion asset manager deepens its involvement in the sector.

Bitcoin treasury companies Strategy and Strive are calling STRC and SATA’s perpetual preferred stocks “digital credit.” Strive CEO said digital credit could become a $3 trillion market, aligning with similar views from Michael Saylor.

Bitcoin is trading about 1.30% higher near $65,000 on Monday, recovering from a weekly drop of over 2% that took it close to $62,280. Bitcoin spot ETF data on June 18 recorded $90.66 million in outflows, and total weekly ETF net outflows hit nearly $226.84 million, signaling more capital exiting Bitcoin-linked funds than entering. Strategy reported its USD reserve rose to $1.4 billion as of June 21, up from $1.1 billion a week earlier, after selling 2.71 million Class A shares via its ATM program for about $335.5 million in net proceeds, yet it bought only $34.9 million worth of Bitcoin in the prior week, adding 520 tokens at roughly $67,100 each to bring holdings to 847,400 BTC. Separately, Strive added 759 BTC for nearly $50 million at an average price of about $65,850. On the macro side, Bank of America now expects three Federal Reserve rate hikes this year, reversing its earlier no-change view, with 25-basis-point increases in September, October, and December taking rates to 4.25%–4.5% by year-end and no cuts until 2028, though Kalshi markets price a 25% chance of a July hike and Polymarket sees a 61% probability of at least one hike next year, keeping uncertainty high around liquidity conditions and crypto sentiment.