Strive Inc.

11/09/2026 | Press release | Distributed by Public on 11/09/2026 06:59

Material Event (Form 8-K)

Item 8.01. Other Events.
On November 9, 2026, Strive, Inc. ("Strive" or the "Company") announced that during the period from October 31, 2026 through November 6, 2026, Strive purchased 29 bitcoin at an average price of approximately $75,721 per bitcoin, inclusive of fees and expenses. The Company also announced the following updates to its holdings of cash and cash equivalents, bitcoin, and Variable Rate Series A Perpetual Stretch Preferred Stock of Strategy Inc. (the "STRC Stock") and shares outstanding of Class A common stock, Class B common stock, Variable Rate Series A Perpetual Preferred Stock (the "SATA Stock"), and 15.00% Series A Perpetual SATS Preferred Stock (the "SATS Stock"):
As of October 30, 2026 As of November 6, 2026 Change
Cash and cash equivalents (in thousands) $ 490,400 $ 487,600 $ (2,800)
Fair value of STRC Stock (in thousands) $ 50,061 $ 50,419 $ 358
Shares of STRC held 505,000 505,000 -
Bitcoin held 43,124 43,153 29
Shares outstanding: (1)
Class A common stock 118,117,620 118,133,002 15,382
Class B common stock 9,213,489 9,198,107 (15,382)
Effective Common Shares Outstanding (2)
127,331,109 127,331,109 -
Options (3)
781,329 781,329 -
Unvested employee stock awards (3)
1,932,252 1,932,252 -
Assumed Fully Diluted Shares (4)
130,044,690 130,044,690 -
SATS Stock 7,003,418 7,036,559 33,141
SATA Stock 14,030,176 14,030,176 -
(1) Includes shares outstanding and shares sold through 4:00pm EST, which will be issued on the following business day. (2) Effective Common Shares Outstanding is calculated as the sum of Class A common stock and Class B common stock. (3) Represents outstanding, but unvested employee stock awards, which are subject to ongoing time and/or performance conditions. For any awards in which the achievement of performance conditions affect the number of shares to ultimately vest, represents the target number of shares granted. (4) Assumed Fully Diluted Shares Outstanding represents Effective Common Shares Outstanding plus shares underlying all potentially dilutive securities, including options and unvested employee stock awards.
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