PANews reported on June 8 that Strive, Inc. disclosed that it purchased 32 bitcoins at an average price of approximately $63,900 per bitcoin between June 2 and June 7, increasing its bitcoin holdings from 19,000 bitcoins to 19,032 bitcoins. During the same period, the company's cash and cash equivalents increased from approximately $137.3 million to approximately $139.2 million, an increase of approximately $19 million; the fair value of its Strategy Inc. Variable Rate Series A Perpetual Stretch Preferred Stock (STRC Stock) decreased from approximately $49.5 million to approximately $47.2 million. The number of Class A common shares outstanding increased from 69,089,145 to 69,410,645, while the number of SATA preferred shares and Class B common shares remained unchanged.