Strive Inc.

08/31/2026 | Press release | Distributed by Public on 08/31/2026 05:59

Material Event (Form 8-K)

Item 8.01. Other Events.
On August 31, 2026, Strive, Inc. ("Strive" or the "Company") announced that during the period from August 24, 2026 through August 28, 2026, Strive purchased 1800 bitcoin at an average price of approximately $79,431 per bitcoin, inclusive of fees and expenses. The Company also announced the following updates to its holdings of cash and cash equivalents, bitcoin, and Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (the "STRC Stock") and shares outstanding of Class A common stock, Class B common stock, and Variable Rate Series A Perpetual Preferred Stock (the "SATA Stock"):
As of August 21, 2026 As of August 28, 2026 Change
Cash and cash equivalents (in thousands) $ 171,900 $ 183,500 $ 11,600
Fair value of STRC Stock (in thousands) $ 48,571 $ 49,152 $ 581
Shares of STRC held 505,000 505,000 -
Bitcoin held 21,356 23,156 1,800
Shares outstanding: (1)
Class A common stock 79,890,888 83,470,035 3,579,147
Class B common stock 9,792,535 9,792,535 -
Effective Common Shares Outstanding (2)
89,683,423 93,262,570 3,579,147
Options (3)
996,963 991,941 (5,022)
Unvested employee stock awards (3)
2,268,840 2,268,840 -
Assumed Fully Diluted Shares (4)
92,949,226 96,523,351 3,574,125
Shares Underlying Traditional Warrants (5)
26,596,010 26,596,010 -
SATA Stock 8,270,815 9,073,914 803,099
(1) Includes shares outstanding and shares sold through 4:00pm EST, which will be issued on the following business day. (2) Effective Common Shares Outstanding is calculated as the sum of Class A common stock and Class B common stock. (3) Represents outstanding, but unvested employee stock awards, which are subject to ongoing time and/or performance conditions. For any awards in which the achievement of performance conditions affect the number of shares to ultimately vest, represents the target number of shares granted. (4) Assumed Fully Diluted Shares Outstanding represents Effective Common Shares Outstanding plus shares underlying all potentially dilutive securities, including options and unvested RSUs. Shares underlying Traditional Warrants are excluded from this figure. (5) Represents shares exercisable underlying Traditional Warrants. Exercises of traditional warrants subject to the payment of exercise price to Company.
Strive Inc. published this content on August 31, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on August 31, 2026 at 12:00 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]