{"id":96434,"date":"2026-05-28T12:03:04","date_gmt":"2026-05-28T12:03:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=96434"},"modified":"2026-05-28T12:03:04","modified_gmt":"2026-05-28T12:03:04","slug":"strive-deepens-bitcoin-bet-with-fresh-1109-btc-purchase","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=96434","title":{"rendered":"Strive Deepens Bitcoin Bet With Fresh 1,109 BTC Purchase"},"content":{"rendered":"
\n

Jeff Walton thinks the idea is almost too simple. The chief risk officer at Strive Asset Management said this week that Bitcoin-backed securities could reshape how people think about money and credit \u2014 and that skepticism around the sector partly stems from how straightforward the concept seems.<\/p>\n

A Growing Class Of Yield-Bearing Products<\/h2>\n

Strive is not alone in betting<\/a> on that idea. The Dallas-based firm has joined a field of companies issuing preferred securities tied to Bitcoin treasury holdings, a category that issuers are calling \u201cdigital credit.\u201d<\/p>\n

Strategy<\/a>, the world\u2019s largest corporate Bitcoin holder, offers four such products: STRC, STRD, STRF, and STRK, with STRC emerging as the dominant instrument since its launch in July 2025.<\/p>\n

\"\"<\/p>\n

Strive\u2019s own entry into that space, its SATA preferred shares, carries a 13% annualized dividend rate and was described by the company as the first listed US security structured to pay dividends every business day.<\/p>\n

The firm recently cleared all outstanding debt and announced that daily dividend payments on SATA would begin in June. SATA\u2019s market capitalization currently sits at around $332 million, a fraction of STRC\u2019s more than $10 billion.<\/p>\n

<\/p>\n

Strive Climbs The Bitcoin Treasury Rankings<\/h2>\n

The fresh purchase<\/a> puts Strive at 16,500 BTC total, according to a Securities and Exchange Commission filing covering the period of May 19 to 22.<\/p>\n

At current valuations, that positions the firm seventh among public companies holding Bitcoin<\/a> on their balance sheets, with roughly $1.3 billion in BTC.<\/p>\n

The company also reported about $93 million in cash and cash equivalents as of May 22, along with approximately $50.1 million in fair value tied to its holdings of Strategy\u2019s STRC<\/a> product.<\/p>\n

Strive<\/a> also grew its Class A common shares outstanding by more than 2 million during the period, while SATA preferred share count rose by about 515,000, reflecting continued use of equity-linked financing to fund Bitcoin acquisitions.<\/p>\n

The company said it is evaluating refreshed at-the-market stock sale programs that could support further purchases.<\/p>\n

The Broader Digital Credit Push<\/h2>\n

STRC recorded a single-day trading volume of $1.53 billion earlier this month, a record for the product. Strategy chairman Michael Saylor called STRC the company\u2019s main vehicle for funding Bitcoin purchases in 2026, and shareholders are set to vote soon on a proposal to shift dividend payments to twice monthly.<\/p>\n

Strive was founded by Vivek Ramaswamy, who ran for US president before pivoting to a Republican gubernatorial campaign in Ohio.<\/p>\n

Featured image from Getty Images, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Jeff Walton thinks the idea is almost too simple. The chief risk officer at Strive Asset Management said this week that Bitcoin-backed securities could reshape how people think about money and credit \u2014 and that skepticism around the sector partly stems from how straightforward the concept seems. A Growing Class Of Yield-Bearing Products Strive is […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-96434","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/96434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=96434"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/96434\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=96434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=96434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=96434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}