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FILINGStrive (ASST) · 8-K · accepted Wednesday, Jan 28, 2026, 8:37 AM ET

Strive bought 334 BTC, bringing its total to 13,132 BTC

From Strive’s 8-K, accepted by the SEC on Jan 28, 2026 at 8:37 AM ET, covering Jan 28 to Jan 28.

What it says

Strive reports closing of its upsized SATA preferred offering (1,320,000 shares at $90, ~$109.2M net), a concurrent exchange of $90M Semler convertible notes for ~930,000 SATA shares, retirement of a $20M Coinbase loan, and purchase of 333.89 bitcoin bringing holdings to 13,131.82 BTC.

The numbers

Bitcoin bought334 BTCJan 28 to Jan 28
Average price$89,851per bitcoin
Bitcoin held after13,132 BTC
Amplification (issuer)37.20%as of Jan 28
BTC Yield YTD (issuer)21.17%as of Jan 28

What it changed

Bitcoin held
12,798 BTCbefore
13,132 BTCafter this filing
From the filing
mNAV
0.85xJan 27 close
0.85xpro forma at Jan 27’s prices
0.81xJan 28 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held. Pro forma: this filing’s bitcoin at the previous close’s prices
Sats per diluted share
28,587Jan 27 close
29,334Jan 28 close
Bitcoin per diluted share × 100 million (Strive’s share count is our estimate between its reports)
Years of preferred dividends covered
33.5 yrsJan 27 close
34.4 yrsJan 28 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet)

Also that day

The Peel: SATS’s first day: closed at $94.61 · Strive filed two 8-KsWednesday edition

Source

Form 8-K filed by Strive, Inc. with the SEC, accepted Wednesday, Jan 28, 2026, 8:37 AM ET. Accession 0001140361-26-002606.
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.