DATA DROP: Strive Now Accumulating Bitcoin Faster Than Any Company

The BitcoinTreasuries.net May Corporate Adoption Report is now available.

This month’s standout is Strive’s rapid acceleration in proceeds and buying. Starting June 16, SATA becomes the first equity to pay daily dividends to shareholders, more frequent than Strategy's new semi-monthly STRC schedule. 

This came alongside strong sector-wide growth. Public holdings rose 51,045 Bitcoin gross and 43,557 BTC net in May, driven by purchases and disclosures from Strategy, SpaceX, and Strive, detailed in our buying recap.

Here are our key findings.

Read the report

1. Strive’s digital credit proceeds are rising fast

We estimate SATA raised $276 million in May, 12.4% of total digital credit ATM proceeds (SATA and STRC combined). Daily SATA ATM proceeds peaked at $87 million on May 29, more than double the prior day and enough to buy roughly 1,180 BTC.

Track this live on our digital credit dashboard.

2. Strive holdings grew 30.5% over one month

Our key finding: Strive bought 4,443 BTC, 30.5% of its prior holdings over roughly one month ending June 2. By contrast, Strategy bought 10% of its existing holdings over about one month ending May 18.

May 25 marked an exceptional week. We estimate Strive purchased 2,649 BTC, 17% of its existing balance, from SATA proceeds.

3. Five holders collectively own over $500 million in STRC

We continue to track companies and projects known to hold Strategy’s STRC. BitcoinTreasuries.net partner Apyx holds $300 million as of early June.

Prevalon, Saturn, Strive, and Oranje bring total known holdings above $500 million at STRC’s $100 par value. Anchorage holds an undisclosed amount we estimate at $20 million.

📥 Access the Full Report

For further analysis, or to discuss trends driving your investment or treasury strategy, reach out to our research team at [email protected].

Onward, 

The BitcoinTreasuries.net Team

This email is for informational purposes only and does not constitute investment advice or an offer to buy or sell any security or financial product. Not available in all restricted territories. Readers should conduct their own due diligence and consult a qualified professional before making any financial decisions.

Special thanks to our partners:

• AnchorWatch. AnchorWatch makes Bitcoin ownership safer and easier by combining advanced custody expertise with industry-grade insurance. As a Lloyd’s of London Coverholder, it writes specialized policies that address digital-asset risks, giving clients trusted coverage and peace of mind. Learn more: AnchorWatch

• Apyx. is the first dividend‑backed stablecoin protocol that turns preferred equity from Digital Asset Treasury (DAT) companies into programmable, high‑yield digital dollars. Apyx delivers sustainable double‑digit yield with institutional transparency, daily NAV visibility, and verifiable on‑chain reserves. Learn more: Apyx

• Arch Lending. Get instant, secure loans backed by your Bitcoin, Ethereum, or Solana—no need to sell your assets. Arch Lending offers fast approvals and trusted custody for both individuals and institutions. Learn more: Arch Lending

• BitGo. BitGo is the leading institutional-grade digital asset custody, trading, and finance platform, trusted by exchanges, hedge funds, and corporations worldwide to secure and manage their crypto holdings. As the pioneer of multi-signature wallet technology, BitGo provides unmatched security, regulatory compliance, and deep liquidity solutions for serious digital asset operations. Learn more: BitGo

• Cadena Bitcoin. A p2p bitcoin lending marketplace with a unique emphasis on working with treasury firms and businesses, as well as the savvy bitcoin-native investors who visit our website. Learn more: Cadena Bitcoin

• Coinkite. Coinkite is a leader in security and hardware manufacturing and the maker of some of the most iconic Bitcoin products, such as OPENDIME, COLDCARD, BLOCKCLOCK, SATSCARD, TAPSIGNER and SATSCHIP. Learn more: Coinkite

• Cryptio. Cryptio is an enterprise-grade accounting software platform built specifically for digital assets and cryptocurrencies. It enables businesses to transform blockchain transaction data from multiple exchanges and custodians into auditable financial records, supporting compliance with GAAP and IFRS standards. Learn more: Cryptio

• Hemi. develops open-source solutions designed to help treasury teams securely manage, deploy, and optimize their BTC holdings, with benefits of self-custody and Bitcoin native deployment. Learn more: Hemi

• Orange Wheel Advisors. Orange Wheel Advisors is a strategic consulting firm that helps companies navigate Bitcoin’s impact on corporate finance and competitive strategy. With expertise spanning treasury management, payments, capital structure, mining, and investor communications, they provide executive education, tailored strategies, and execution support to guide businesses through the global monetary transition. Learn more: Orange Wheel Advisors

• o21 Solutions. o21 develops and implements Bitcoin-powered corporate strategy, transforming value chains with strategic expertise and tailored advisory services, with a focus on both Treasury and Operations - balance sheet accumulation, mining, and payments. Reduce cycle time through the corporate Bitcoin adoption journey through our pre-packaged or tailored engagements. Learn more: o21 Solutions

• Psalion. Psalion is a Bitcoin and digital-asset yield manager that offers institutional‑style investment strategies to professional investors, family offices, corporates, and private clients via separately managed accounts and yield funds. Learn more: Psalion

• Secure Digital Markets (SDM) provides unparalleled liquidity, execution speed, and bespoke customer service, making it the top choice for institutional investors seeking reliable digital asset trading solutions. With deep expertise in capital markets and strict regulatory standards, SDM stands out as the premier platform for all digital asset treasury teams looking to optimize their trading and treasury operations. Learn more: Secure Digital Markets (SDM)

• Stacking Sats Inc. Official IT partner at BitcoinTreasuries, Stacking Sats Inc via its subsidiary, Framework IT, is a managed IT services firm with a 17-year track record of providing best-in-class IT support, strategy, and cybersecurity, boasting high recurring revenue and long-term client contracts. It’s also one of the top 20 holders of Bitcoin among global private companies. Learn more: Stacking Sats Inc

• XCE. An executive recruitment group that combines a profitable recruitment business with a Bitcoin treasury strategy. The company turns over a decade of executive recruitment experience and four years of Bitcoin accumulation into a public Bitcoin‑powered growth engine, using a proven operating business to drive Bitcoin treasury accumulation. Learn more: XCE

• Zaprite. Zaprite is a non-custodial payment platform that allows individuals and businesses to seamlessly accept both bitcoin (on-chain and lightning) and fiat payments in a unified, customizable checkout experience. Users can easily issue invoices, generate payment links, and connect multiple wallets or custodial accounts, all while handling their own funds directly. Learn more: Zaprite