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Crypto
SpaceX joins race as U.S. listed firms net buy 43,557 bitcoin in May
A competition among listed companies to hold bitcoin on their balance sheets continued in May, with firms sustaining large purchases despite bitcoin trading about 42 percent below its record high. Based on a BitcoinTreasuries.net corporate adoption report, listed firms added or newly disclosed 51,045 BTC in May, with net growth of 43,557 BTC after sales. The value was about $3.2 billion at the May 31 close. Strategy bought the most, while SpaceX drew attention by disclosing 18,712 BTC ahead of a planned IPO on June 12.
Crypto
Strive says it could buy 175,000 more bitcoin, funding pace is key
Asset manager Strive could increase its bitcoin holdings by nearly 10 times if it maintains its current fundraising pace, a projection said. Jeff Walton, the firm’s chief risk officer, said Strive is raising $8.1 million a day and could issue up to $15.5 billion of SATA preferred stock to buy about 175,000 more bitcoin at current prices. Strive holds 19,000 bitcoin and has been buying since September 2025.
Crypto
Strive buys 444 more bitcoin, holdings top 15,000
U.S. asset manager Strive bought an additional 444 bitcoin, lifting its total holdings to 15,000 bitcoin. The purchase, disclosed in an 8-K filing with the U.S. Securities and Exchange Commission, was worth about $33.9 million at an average $76,307 per bitcoin. Strive said it treats bitcoin as a capital allocation benchmark and uses perpetual preferred shares, SATA, to fund dividends and purchases.
