{"id":32053,"date":"2026-08-31T17:13:48","date_gmt":"2026-08-31T16:13:48","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/08\/31\/strive-5th-largest-public-bitcoin-treasury-1800-btc\/"},"modified":"2026-08-31T17:13:54","modified_gmt":"2026-08-31T16:13:54","slug":"strive-5th-largest-public-bitcoin-treasury-1800-btc","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/strive-5th-largest-public-bitcoin-treasury-1800-btc\/","title":{"rendered":"Strive Becomes the 5th Largest Public Bitcoin Treasury After a Massive 1,800 BTC Purchase"},"content":{"rendered":"\n

Strive Asset Management<\/strong> has just crossed a major symbolic milestone: the firm has broken into the global top 5<\/strong> of publicly listed companies holding the most Bitcoin<\/strong> on their balance sheet. A fresh purchase of 1,800 BTC<\/strong> catapults the firm into a highly exclusive category, alongside heavyweights like MicroStrategy<\/strong> and Marathon Digital<\/strong>.<\/p>\n\n\n\n

In the wake of this move, investment bank TD Cowen<\/strong> has raised its price target on ASST<\/strong> stock, signaling growing conviction among institutional analysts in Strive’s Bitcoin-first<\/strong> strategy.<\/p>\n\n\n\n

Behind this move, a deeper trend is taking shape: the race to build Bitcoin treasuries<\/strong> among publicly listed companies is accelerating, and those still sitting on the fence risk being left behind very quickly.<\/p>\n\n\n\n

A 1,800 BTC Purchase That Reshapes the Public Treasury Rankings<\/h2>\n\n\n\n

Strive Asset Management<\/strong>, the asset management firm co-founded by Vivek Ramaswamy<\/strong>, has acquired an additional 1,800 BTC<\/strong>, further cementing its position among the largest Bitcoin treasuries held by publicly traded companies. This latest purchase propels Strive to 5th place globally<\/strong> in a ranking that institutional investors are watching very closely.<\/p>\n\n\n\n

Strive’s strategy clearly follows in the footsteps of MicroStrategy<\/strong>, which popularized the model of holding Bitcoin<\/a><\/strong> as a primary reserve asset on the corporate balance sheet. But unlike other opportunistic followers, Strive projects a strong ideological conviction: the company positions Bitcoin<\/strong> as the only asset capable of durably protecting capital against monetary debasement. This narrative resonates particularly well amid the ongoing debate around inflation<\/strong> and Fed<\/strong> policy.<\/p>\n\n\n\n

The ticker ASST<\/strong> \u2014 listed on US markets \u2014 is thus becoming an increasingly credible Bitcoin proxy<\/strong> for investors seeking exposure to BTC appreciation through a regulated vehicle, without holding cryptocurrencies directly.<\/p>\n\n\n\n

TD Cowen Raises Its Price Target: 27,156 BTC Expected by End of 2026<\/h2>\n\n\n\n

Investment bank TD Cowen<\/strong> has revised its price target on ASST<\/strong> stock upward following this purchase. According to the analysts’ updated projections, Strive<\/strong> is expected to close out 2026 with 27,156 BTC<\/strong> on its balance sheet \u2014 roughly 4,300 BTC more<\/strong> than what the previous valuation model had anticipated.<\/p>\n\n\n\n

This upward revision reflects an acceleration in the pace of acquisition that TD Cowen<\/strong> had not factored into its initial estimates. For the analysts, Strive’s ability to raise capital and deploy it rapidly into Bitcoin<\/strong> is a signal of operational strength. The market is now closely tracking the correlation between the company’s BTC purchases and the performance of ASST<\/strong> stock, which tends to amplify the moves of the underlying Bitcoin.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

A revision of this kind from an institutional player of TD Cowen<\/strong>‘s caliber sends a strong signal to the rest of the market. It not only validates Strive<\/strong>‘s accumulation strategy, but also helps reinforce the legitimacy of the Bitcoin treasury<\/strong> model among traditional investors who remain cautious. As the number of publicly listed companies adopting this approach grows, the competitive pressure to accumulate BTC ahead of a potential new bull wave is intensifying.<\/p>\n\n\n\n

The Bitcoin Treasury Race Is Heating Up: What It Means for the Market<\/h2>\n\n\n\n

Strive<\/strong>‘s entry into the top 5 public Bitcoin treasuries<\/strong> illustrates a structural dynamic that goes well beyond a single isolated case. A growing number of publicly listed companies \u2014 from mining firms to financial holding companies \u2014 are integrating Bitcoin<\/strong> as a strategic reserve asset, mechanically reducing the supply available on secondary markets. This institutional buying pressure<\/a><\/strong>, combined with the post-halving effect of 2024, represents a fundamental bullish driver over the medium term.<\/p>\n\n\n\n

For traders and investors tracking on-chain flows, the accelerated accumulation by entities like Strive<\/strong> translates into a reduction in BTC available on exchanges. Data from CryptoQuant<\/strong> and CoinGlass<\/strong> consistently shows that periods of intense institutional accumulation<\/strong> coincide with short-term volatility compression, followed by significant breakouts once retail demand picks back up.<\/p>\n\n\n\n

With a potential 27,156 BTC<\/strong> on its balance sheet by December 2026, Strive<\/strong> is positioning itself as a key player in this ecosystem. The question is no longer whether companies will adopt Bitcoin<\/strong> as a store of value \u2014 it is how fast they will move, and who will still be able to keep pace with the pioneers<\/a>.<\/p>\n\n\n\n

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