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NASDAQ: ASST Strive, Inc. 8-K

Strive reports $7.1M decline in Strategy preferred stock value, modest cash drawdown

Filed June 29, 2026 · Period ending June 29, 2026 · ~1 min read

4 key changes

Key Changes

  • medium

    Fair value of Strategy Inc. preferred stock holdings fell $7.1M (15.8%) to $37.7M over eight days, while share count held steady at 505,000 shares, reflecting market price decline in STRC Stock.

  • low

    Cash and cash equivalents decreased $2.8M to $141.7M between June 18 and June 26, 2026, with no explanation provided for the use of funds.

  • low

    Bitcoin holdings remained unchanged at 19,864 BTC with no purchases or sales during the period.

  • low

    Issued 76,942 Class A common shares, increasing outstanding shares to 71.9M, representing 0.11% dilution.

Summary

Strive filed a routine holdings update covering an eight-day period ending June 26, 2026. The most notable item is a $7.1 million decline in the fair value of the company's Strategy Inc. preferred stock position, which fell 15.8% to $37.7 million while the share count remained constant at 505,000 shares. This marks-to-market movement reflects weakness in STRC Stock's trading price rather than any action by Strive.

The company also drew down $2.8 million in cash to $141.7 million, though the filing provides no detail on the use of funds. Bitcoin holdings stayed flat at 19,864 BTC, and Strive issued roughly 77,000 Class A shares, causing minimal dilution. Overall, this is a periodic snapshot disclosure with no material operational developments—the STRC valuation swing is the only item warranting attention, and it stems from market pricing rather than company action.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 30, 2026 · How we verify