Asset manager Strive could increase its bitcoin holdings by nearly 10 times if it maintains its current fundraising pace, a projection said.

On June 3, blockchain media outlet Cryptopolitan reported that Jeff Walton (제프 월턴), Strive's chief risk officer, said the company is raising $8.1 million a day. If that pace continues, he said Strive could issue up to $15.5 billion of SATA preferred stock and buy about 175,000 more bitcoin at current prices.

Walton said on June 2 that after the company's largest private placement ever, it made its biggest purchase for any single week in its history. He said, "The company now holds a total of 19,000 BTC, and the buying pace is accelerating."

Strive's bitcoin treasury assets have in fact increased to 19,000 BTC. The company bought 2,500 BTC for about $185.2 million from May 23 to June 1, at an average purchase price of about $74,092 per bitcoin.

Strive is also growing more prominent in rankings of companies that hold bitcoin. Based on bitcointreasuries.net, Strive has the seventh-largest bitcoin holdings among listed companies. That is more than Coinbase's 16,492 BTC and Riot Platforms' 15,680 BTC. Strive has made purchases in 17 rounds since holding 69 BTC in September 2025.

Walton also pushed back against criticism surrounding Strategy during this process. Strategy is the biggest corporate bitcoin holder, with 843,706 BTC. Questions were raised in the market after it recently sold 32 bitcoin for about $2.5 million to fund preferred stock dividends.

He then argued that the small sale allowed Strategy to increase its cash holdings by up to $29 million, or 3.3 percent on a weekly basis. If the trend continues, he said, its cash position could rise to $2.25 billion by December, stressing that liquidity management and bitcoin accumulation should be considered together.

On share price moves, Walton assessed that Strategy's market capitalisation has remained relatively stable over the past 34 trading days. He said that while bitcoin prices fell 10 percent over the same period, its ranking by market capitalisation among U.S.-listed companies fell only five places to 233rd.

Still, Strive's calculation for buying an additional 175,000 BTC is not immediately realised. The figure assumes the company maintains its current daily fundraising pace, puts all raised funds into bitcoin purchases, and that current market prices hold. Issuing $15.5 billion of SATA would also require regulatory procedures. As previously announced, Strive must amend related filings with the U.S. Securities and Exchange Commission so it can expand its at-the-market sale programme by $4.2 billion.

The Strive case shows that a funding structure supporting bitcoin purchases, rather than the purchases themselves, is emerging as the core of corporate strategy. As a result, the market's next focus is whether Strive can actually maintain the pace of fundraising through SATA and, after regulatory procedures, expand the scale of its bitcoin buying further.

Strive team hit the BTC order book hard last week Largest non-IPO single week buy in company history Eclipses the prior record we set two weeks ago 19,000 total BTC and picking up steam. https://t.co/dJhqZoPYw9