Strive, Inc. has expanded its Bitcoin treasury by acquiring 382 BTC for approximately $30.3 million, as disclosed in an 8-K filing on May 19. This purchase, made between May 13 and May 18 at an average price of $79,348 per Bitcoin, brings the Dallas-based company's total holdings to 15,391 BTC, valued at around $1.2 billion with Bitcoin trading near $77,000. The acquisition is part of Strive's ongoing strategy to increase its Bitcoin exposure through preferred-stock financing, specifically by issuing Variable Rate Series A Perpetual Preferred Stock (SATA). This approach allows Strive to avoid traditional debt while offering investors a unique daily cash dividend starting June 16, at an annualized rate of 13%. Strive's model, which focuses on Bitcoin exposure per share, positions it among the top public corporate holders of Bitcoin, just behind Hut 8 and Riot Platforms.