Vivek Ramaswamy-Backed Strive Nears 14K BTC Holdings, Unrealized Losses Top $500M

• Strive increased its Bitcoin holdings to 13,741 BTC after adding 113 BTC, in its sixth purchase of 2026.
• According to mark-to-market calculations, the company's average Bitcoin cost base remains higher than current value of Bitcoin, resulting in over $500M in unrealized losses.
• The firm also reported $86.9 million in cash and $50.5 million in STRC assets.

Strive (ASST) announced on Monday that its balance now holds a total of 13,741 Bitcoin (BTC) after adding 113 BTC over the past week. 

In its SEC Form 8-K filing, the company said it had $86.9 million in cash and cash equivalents and $50.5 million in STRC stock holdings. The company’s holdings have steadily increased in 2026, with Strive’s Bitcoin Strategy tracker data indicating the current buy to be the six purchases this year.

In a mark-to-market estimate, using the Bitcoin Strategy tracker, the company is sitting on over $500 million in unrealized losses, with an average cost basis of about $104,073 per bitcoin, which is higher than current market prices of Bitcoin at $69,406. 

ASST’s stock was trading over 8% in morning hours. The stock has dropped over 33% year-to-date. On Stocktwits, retail sentiment around ASST remained in the ‘bearish’ territory, while chatter around it remained at ‘low’ levels over the past day. 

Bitcoin Strategy Expands With Capital Raises

In the filing, Strive also reported $86.9 million in cash and cash equivalents and $50.5 million in Strategy Variable Rate Perpetual Stretch Prf Shs Series A (STRC) stock holdings. 

It disclosed its equity structure, which includes 59,312,566 shares of Class A common stock, 9,896,553 shares of Class B common stock, and 4,373,194 units of SATA preferred stock.

Last week, Strive announced that its subsidiary would act as a sub-adviser for a proposed T-Strive Digital Credit ETF (DGCR). The fund is intended to invest primarily in preferred shares of Strategy (MSTR) and Strive, which will be used to fund Bitcoin (BTC) acquisitions. 

Strive was co-founded by Vivek Ramaswamy in 2022. It began investing in the U.S. energy industry with the introduction of its flagship "anti-woke" exchange-traded fund, the Strive U.S. Energy ETF, in August 2022, before expanding into digital assets.

Read also: MIGI, BTDR, BMNR Stocks Climb Pre-Market Amid Crypto Rally – Bitcoin Nears $70K

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