Strive Ascends to Fifth-Largest Public Bitcoin Treasury After 1,800 BTC Purchase

Strive (ticker: ASST) has become the fifth‑largest public holder of Bitcoin after acquiring an additional 1,800 BTC. The purchase pushes the firm’s treasury to a level that places it among the top publicly disclosed Bitcoin reserves.

TD Cowen Updates Forecast

Following the acquisition, TD Cowen revised its outlook for Strive. The analyst firm now expects the company to end 2026 with a total of 27,156 BTC, which is roughly 4,300 BTC more than its earlier projection.

Implications for ASST Valuation

Alongside the higher Bitcoin holding estimate, TD Cowen lifted its price target for Strive’s stock, reflecting the increased asset base and the company’s strengthened position in the crypto‑treasury space.

Key Takeaways

• Strive added 1,800 BTC to its treasury, ranking it fifth among public Bitcoin holders.
• TD Cowen now forecasts 27,156 BTC in Strive’s treasury by the end of 2026.
• The new forecast adds about 4,300 BTC to the previous estimate.
• TD Cowen raised its price target for ASST in response to the larger Bitcoin position.