Strive Joins Top 10 Corporate Bitcoin Holders After Recent BTC Acquisition and Debt Reduction

Strive, a company founded by Vivek Ramaswamy, has expanded its corporate treasury by acquiring more than 333 Bitcoin, positioning itself as the 10th largest corporate Bitcoin holder. In tandem with this acquisition, Strive has significantly reduced its debt by 92% following its recent acquisition of Semler Scientific.

Key Takeaways

Strive acquired 333.89 Bitcoin, bringing its total holdings to 13,131.82 BTC.
The total value of Strive’s Bitcoin treasury exceeds $1.17 billion.
The company has retired 92% of the debt inherited from Semler Scientific.
Despite these advancements, Strive's stock saw a decline of over 2.2%.
Over 190 publicly traded companies hold approximately 1.134 million Bitcoin collectively.

Strive becomes top 10 corporate Bitcoin holder after latest BTC buy and debt cut.

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Strive, the company founded by Vivek Ramaswamy, has recently added over 333 Bitcoin to its corporate treasury, securing its position as the 10th largest corporate holder of this leading cryptocurrency. Additionally, Strive announced a significant reduction of 92% in the debt it took on while acquiring Semler Scientific.

In a press release dated January 28, Strive revealed that it purchased 333.89 Bitcoin at an average price of $89,851. This latest acquisition has boosted the firm’s total Bitcoin holdings to 13,131.82 BTC. Based on current market prices, this treasury is valued at more than $1.17 billion, with a reported yield of around 21.2% for the quarter.

In a related financial maneuver, Strive successfully completed a considerably expanded Variable Rate Series A Perpetual Preferred Stock offering, known as SATA, which attracted over $600 million in investor demand through institutional channels.

The funds raised will be used to eliminate $110 million of the total $120 million debt Strive inherited from Semler Scientific earlier this month. This will involve $90 million in convertible notes being exchanged for SATA stock and the complete repayment of a $20 million credit loan from Coinbase.

Regarding the remaining debt, the company aims to settle the outstanding $10 million within the next four months.

Strive finalized its all-stock acquisition deal for Semler Scientific on January 13 after shareholders overwhelmingly approved the transaction. This allowed Strive to incorporate Semler Scientific’s 5,048.1 Bitcoin into its assets. Moreover, the company has announced plans to generate revenue from Semler Scientific’s operating healthcare business, opting to leverage preferred equity instead of conventional debt as it advances its Bitcoin-oriented capital strategy.

Despite these positive developments, investor sentiment remains cautious, as evidenced by a more than 2.2% decline in Strive's stock price on Wednesday.

Bitcoin itself is currently down approximately 30% from its October all-time high of $126,080, impacted by various macroeconomic factors that have affected market risk appetite.

Consequently, many publicly traded firms that have integrated Bitcoin into their balance sheets have experienced dips in their stock prices in late 2025, a trend that has persisted into 2026.

According to Bitcoin Treasuries, over 190 publicly listed companies now collectively possess around 1.134 million Bitcoin, which represents nearly 5.4% of the total circulating supply.