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FILINGStrive (ASST) · 10-K · accepted Thursday, Mar 19, 2026, 5:21 PM ET

Strive 's FY2025 10-K (excerpt) reports bitcoin holdings of about 7,627 BTC at year-end 2025 and 13,628 BTC

From Strive’s 10-K, accepted by the SEC on Mar 19, 2026 at 5:21 PM ET.

What it says

Strive's FY2025 10-K (excerpt) reports bitcoin holdings of about 7,627 BTC at year-end 2025 and 13,628 BTC as of March 17, 2026, plus cash, share counts, and a $50.0M STRC investment.

The numbers

Bitcoin held13,628 BTCas of Mar 17
Cash and cash equivalents$83.7Mas of Mar 17
Debt principal$10.0Mas of Jan 27
Class A common shares59,286,628 sharesas of Mar 17
Class B common shares9,872,157 sharesas of Mar 17
Shares under warrants26,594,435 sharesas of Mar 17

What it changed

mNAV
0.85xMar 19 close
0.83xMar 20 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
30,442Mar 19 close
30,442Mar 20 close
Bitcoin per diluted share × 100 million (Strive’s share count is our estimate between its reports)
Years of preferred dividends covered
19.0 yrsMar 19 close
19.2 yrsMar 20 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet)

Also that day

Strive 8-K under Item 2.02 announcing that it issued a press release (Exhibit 99.1) with financial results8-K · 7:59 AM ETThe Peel: SATS’s first day: closed at $94.61 · Strive filed two 8-KsWednesday edition

Source

Form 10-K filed by Strive, Inc. with the SEC, accepted Thursday, Mar 19, 2026, 5:21 PM ET. Accession 0001628280-26-019879.
Read the filing on SEC EDGAR ↗
Summary and figures read from the filing by Orange Paper’s filing reader and checked before publishing. Calculations (pro forma and close figures) are ours.
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Orange Paper reads every Strategy and Strive filing as it lands and checks each figure before publishing. Figures from filings link to SEC EDGAR; our own calculations are labelled. Not investment advice.