Original source text
DALLAS, July 22, 2026 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST; SATA) ("Strive" or the "Company"), one of the world's largest corporate holders of bitcoin, today announced its Bitcoin Stewardship Commitment, founded on the belief that institutions benefiting from Bitcoin should increasingly share responsibility for preserving the network that makes Bitcoin possible. Live financial news intelligence
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2026-07-22 14:21
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2026-07-22 08:30
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Strive Announces Bitcoin Stewardship Commitment, Initial Support for Bitcoin Development Through Brink | FMP Stock News | |
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2026-07-22 07:08
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2026-07-22 01:15
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Strive, Inc. (NASDAQ:ASST) Receives $28.00 Consensus PT from Analysts | FMP Stock News | |
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Posted by Defense World Staff on Jul 22nd, 2026Shares of Strive, Inc. (NASDAQ:ASST – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $28.00. ASST has been the topic of a number of analyst reports. Weiss Ratings upgraded Strive from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Tuesday, July 14th. TD Cowen restated a “buy” rating and issued a $30.00 target price (up from $28.00) on shares of Strive in a report on Monday, May 18th. Benchmark reaffirmed a “buy” rating on shares of Strive in a research note on Monday, June 15th. HC Wainwright lifted their price target on Strive from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Friday, May 15th. Finally, Wall Street Zen raised shares of Strive from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 16th. View Our Latest Stock Analysis on ASST Strive Stock Up 5.3% Shares of NASDAQ ASST opened at $13.00 on Friday. Strive has a 12-month low of $7.02 and a 12-month high of $252.00. The stock has a market cap of $950.04 million, a PE ratio of -1.51 and a beta of 13.22. The company has a current ratio of 11.44, a quick ratio of 11.44 and a debt-to-equity ratio of 0.01. The company has a 50-day moving average of $14.57 and a 200 day moving average of $13.49. Strive (NASDAQ:ASST – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported ($5.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($2.70) by ($2.49). The business had revenue of $2.76 million during the quarter, compared to analysts’ expectations of $2.73 million. Strive had a negative return on equity of 139.10% and a negative net margin of 9,655.92%. As a group, sell-side analysts predict that Strive will post -4.11 EPS for the current fiscal year. Hedge Funds Weigh In On Strive Institutional investors have recently bought and sold shares of the company. Thompson Davis & CO. Inc. purchased a new stake in shares of Strive in the 4th quarter valued at approximately $74,000. FNY Investment Advisers LLC raised its position in shares of Strive by 457,042.9% during the 4th quarter. FNY Investment Advisers LLC now owns 160,000 shares of the company’s stock valued at $118,000 after buying an additional 159,965 shares during the period. Gibbs Wealth Management purchased a new stake in shares of Strive during the 4th quarter valued at approximately $59,000. Trivium Point Advisory LLC acquired a new position in Strive in the fourth quarter valued at approximately $103,000. Finally, Institute for Wealth Management LLC. acquired a new position in Strive in the fourth quarter valued at approximately $26,000. 5.52% of the stock is owned by hedge funds and other institutional investors. About Strive (Get Free Report) Asset Entities, Inc (NASDAQ: ASST) is a specialty finance company that acquires, originates and services asset-backed loans and receivables across a range of industry sectors. The firm focuses on structuring and managing credit portfolios in equipment finance, commercial receivables and other asset-backed classes, employing securitization vehicles and bespoke financing solutions to deliver liquidity to underserved small- and mid-market borrowers. Through its platform, Asset Entities leverages data-driven underwriting, risk management and portfolio optimization to create diversified exposure across end markets. Featured Articles Five stocks we like better than Strive Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Receive News & Ratings for Strive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strive and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEDaiichi Sankyo (OTCMKTS:DSNKY) & Shuttle Pharmaceuticals (NASDAQ:SHPH) Head to Head Contrast NEXT HEADLINE »Korn/Ferry International (NYSE:KFY) Receives $78.50 Consensus PT from Brokerages |
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2026-06-24 14:36
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2026-06-23 15:28
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Strive Is Buying Bitcoin Hand-Over-Fist, CEO Says | FMP Stock News | |
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Strive Inc. Chief Executive Officer Matt Cole says this is a great time to buy Bitcoin as the price keeps falling. He says their Bitcoin holdings are up to 20,000 from 5,000 last fall. |
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2026-06-17 19:12
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2026-06-16 05:01
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Strive, Inc. (ASST) Stock Jumps 10.0%: Will It Continue to Soar? | FMP Stock News | |
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Strive, Inc. (ASST) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term. |
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2026-06-11 14:11
1mo ago
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2026-03-11 08:00
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Strive Announces SATA Enhancements and Purchase of Bitcoin & STRC | FMP Stock News | |
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March 11, 2026 08:00 ET | Source: Strive, Inc.DALLAS, March 11, 2026 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST; SATA) (“Strive” or the “Company”) today announced the following updates: SATA dividend rate increased by 25 bps to 12.75%. Dividend declared of $1.0625 per share of SATA Stock to stockholders of record the close of business on April 1, 2026, payable on April 15, 2026Targeted SATA price range narrowed to $99-$101 from $95-$105Updated guidance to not issue SATA via ATM or follow-on offerings below $100.00Purchased 179 additional Bitcoin since last filing and now holds approximately 13,311 BTCPurchased $50 million (500,000 shares) of Strategy Variable Rate Series A Perpetual Stretch Preferred Stock (Nasdaq: STRC)SATA dividend reserve increased to 18 months (12 months cash and cash equivalents + 6 months STRC based on current STRC trading prices, which are subject to market conditions) from previously reported 12-month cash reserveAggregate Bitcoin, STRC, and cash reserves cover over 19 years of SATA interest payments as of March 9thAs of March 9, 2026, Strive held $143.4 million of cash and cash equivalents, of which $50 million was subsequently utilized to purchase shares of STRC, and approximately 13,311 Bitcoin. Strive had 56,897,668 shares of Class A common stock, 9,880,117 shares of Class B common stock, and 4,275,118 shares of SATA Stock outstanding as of March 9, 2026 “We believe Digital Credit could be a multi-trillion-dollar opportunity, and every single update today aims to improve the credit quality and lower the expected volatility profile of our Digital Credit product, SATA,” said Matthew Cole, Chairman & Chief Executive Officer of Strive, Inc. "We’re focused on building a track record of success for SATA by maintaining a stable trading range and keeping a strong balance sheet, which we believe will generate attractive long-term returns to our common equity shareholders vs our Bitcoin hurdle rate.” “The addition of STRC to our balance sheet reflects our view that it is a high-quality credit instrument with a compelling risk-return profile that offers clear advantages over traditional fixed income assets,” said Jeff Walton, Chief Risk Officer of Strive. “Its combination of higher yield and greater liquidity allows us to optimize our capital structure and rethink how we allocate short and moderate duration capital. This positions Strive to strengthen our long-term financial profile and credit quality, and to maintain a disciplined, forward-looking approach to digital capital.” “This latest purchase strengthens our balance sheet and reflects our disciplined approach to continued Bitcoin accumulation,” said Ben Werkman, Chief Investment Officer of Strive. “We believe both STRC and SATA offer a compelling investment opportunity for corporate balance sheets given the volatility profile, liquidity, and yield they offer to investors.” About Strive Strive is a structured finance company and institutional asset manager focused on disciplined capital allocation and long-term value creation. With Bitcoin as our hurdle rate for capital deployment, Strive is focused on increasing Bitcoin per share to outperform Bitcoin over the long run. Strive holds approximately 13,311 Bitcoin as of March 9, 2026. Strive Asset Management, LLC, a direct, wholly owned subsidiary of Strive and an SEC-registered investment adviser, manages over $2.5 billion in assets. Learn more at strive.com. Cautionary Statement Regarding Forward-Looking Statements Certain statements herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, express or implied statements regarding the outlook and expectations of Strive, the strategic benefits and financial benefits of the merger transaction with Semler Scientific, Inc. (the "merger transaction"), including the expected impact of the merger transaction on the combined company’s future financial performance and the ability to successfully integrate the combined businesses, and the Company’s intentions with respect to adjusting the SATA Stock monthly regular dividend rate per annum. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgments of Strive and its respective management team about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements as a result of various important factors. Other risks, uncertainties and assumptions, including, among others, the following: the outcome of any legal proceedings that may be instituted against Strive or its subsidiaries;the possibility that the anticipated benefits of the merger transaction are not realized when expected or at all, including as a result of changes in, or problems arising from, implementation of Bitcoin treasury strategies and risks associated with Bitcoin and other digital assets, general economic and market conditions, interest and exchange rates, monetary policy, and laws and regulations and their enforcement;the diversion of management’s attention from ongoing business operations and opportunities;dilution caused by Strive’s issuance of additional shares of its Class A common stock or SATA Stock;potential adverse reactions of Strive’s clients and customers or changes to business or employee relationships, including those resulting from the completion of the merger transaction;other factors that may affect future results of Strive.These factors are not necessarily all of the factors that could cause the combined company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm the combined company’s results. Although Strive believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that the actual results of Strive will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in Strive’s Annual Report on Form 10-K, Strive’s Form S-4 filed on August 6, 2025 and October 10, 2025, under the “Supplementary Risk Factors” filed as an exhibit to Strive’s Current Report on Form 8-K filed with the SEC on September 24, 2025, Semler Scientific’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024 and quarterly reports on Form 10-Q, and other documents subsequently filed by Strive and Semler Scientific, Inc. with the SEC. The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive or its businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements contained herein speak only as of the date hereof, and Strive undertakes no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. Strive Media Contact: [email protected] Investor Contact: [email protected] Source: Strive, Inc. |
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2026-06-11 14:11
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2026-03-15 01:41
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Strive (NASDAQ:ASST) Shares Gap Up – Here’s What Happened | FMP Stock News | |
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Strive, Inc. (NASDAQ: ASST - Get Free Report)'s stock price gapped up prior to trading on Friday. The stock had previously closed at $8.83, but opened at $9.36. Strive shares last traded at $9.9610, with a volume of 1,287,026 shares traded. Wall Street Analyst Weigh In Several research analysts recently commented on the company. Wall |
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2026-06-11 14:11
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2026-03-18 03:17
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Strive, Inc. (NASDAQ:ASST) Short Interest Up 14.4% in February | FMP Stock News | |
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Strive, Inc. (NASDAQ: ASST - Get Free Report) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 12,432,854 shares, a growth of 14.4% from the February 12th total of 10,871,880 shares. Based on an average daily trading volume, of 2,765,480 shares, the days-to-cover ratio |
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2026-06-11 14:11
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2026-03-19 08:00
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Strive, Inc. Announces Financial Results | FMP Stock News | |
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Original source text
DALLAS, March 19, 2026 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST; SATA) (“Strive” or the “Company”) today announced its financial results for the fourth quarter ended December 31, 2025.Key Highlights Since Strive's Public Listing in September 2025: Accumulated a total of 13,628 bitcoin as of March 17, 2026. 5,886 bitcoin from initial PIPE proceeds and 351 exchange.5,048 bitcoin from acquisition of Semler Scientific, Inc.2,694 bitcoin from other capital markets activity, including SATA IPO and follow-on, ASST ATM, and SATA ATM. Achieved a Bitcoin Yield of 22.2% in Q4 2025 and 13.8% QTD (as of March 17, 2026) in Q1 2026.Generated a Bitcoin Gain of ₿1,305 BTC in Q4 2025 and ₿1,050 QTD (as of March 17, 2026) in Q1 2026.Generated a Bitcoin $ Gain of $114.3 million in Q4 2025 and $78.2 million QTD (as of March 17, 2026) in Q1 2026.As of March 17, 2026, Strive's cash and cash equivalents totaled $83.7 million, and our position in the STRC Stock (as defined below) had a fair value of $50.4 million. Strive had 59,286,628 and 9,872,157 shares of Class A common stock and Class B common stock, respectively, and 4,275,118 shares of SATA Stock outstanding.On November 10, 2025, the Company completed a registered public offering of 2,000,000 shares of its Variable Rate Series A Perpetual Preferred Stock (“SATA Stock”) at a price to the public of $80.00 per share, resulting in net proceeds of approximately $148.4 million, after deducting the underwriting discounts and commissions and the Company’s offering expenses. The SATA Stock is listed for trading on The Nasdaq Global Market under the symbol “SATA.”Consummated the acquisition of Semler Scientific, Inc. ("Semler Scientific") in an all-stock transaction, resulting in Strive acquiring the approximately 5,048 bitcoin held by Semler Scientific. Strive is executing on its vision for Semler Scientific's operating business, now held under a wholly-owned subsidiary of Strive called Clinivanta, pursuing a broader mandate centered on preventative healthcare. In February 2026, we appointed Michelle Fox, the former Chief Medical Officer of Teleflex, as CEO of Clinivanta. Strive intends to monetize the business as it remains focused on its Bitcoin accumulation strategy.On January 27, 2026, the Company completed a follow-on registered public offering of 1,320,000 shares of its SATA Stock at a price to the public of $90.00 per share, resulting in net proceeds of approximately $109.2 million, after deducting the underwriting discounts and commissions and the Company’s offering expenses. Strive utilized these proceeds, along with cash on hand, to retire the $20 million loan with Coinbase Credit Inc., which Strive assumed as part of the acquisition of Semler Scientific. Concurrent with the above public offering, Strive exchanged approximately 929,999 shares of SATA Stock, with a $93.0 million notional balance, for $90.0 million of the principal balance of the convertible notes assumed as part of the acquisition of Semler Scientific, representing 90.0% of the principal balance of the convertible debt principal balance assumed from Semler Scientific.Made an initial investment of $50 million (500,000 shares) of Variable Rate Series A Perpetual Stretch Preferred Stock (the "STRC Stock") of Strategy Inc. in March 2026.GAAP net loss of $393.6 million, for the period from September 12, 2025 to December 31, 2025, with expected non-recurring expenses and/or non-cash items of $12.4 million and $177.3 million, respectively, accounting for 48.2% of the net loss. Of the remaining $203.9 million GAAP net loss, $194.5 million (95.4%) was attributable to the fair market value decrease in bitcoin holdings.Non-GAAP adjusted net loss attributable to common stockholders1 of $208.2 million, or $4.73 per diluted common share1, which is adjusted for the 1-20 reverse stock split that became effective February 6, 2026, for the period from September 12, 2025 to December 31, 2025. $194.5 million (93.4%) of the $208.2 million non-GAAP adjusted net loss attributable to common stockholders was attributable to the fair market value decrease in bitcoin holdings and $13.7 million (6.6%) was attributable to other business operations. Non-GAAP adjusted net loss attributable to common stockholders subtracts non-recurring and non-cash items from GAAP net loss attributable to common stockholders. “Out of the numerous successes Strive had in our first six months as a public company, the most important was cementing our foundation as a structured finance company laser focused on digital credit. We see a multi-trillion dollar opportunity for digital credit to scale in the years to come. We believe our digital credit product, SATA, provides a liquid and scalable solution for investors targeting double-digit yield with minimal volatility," said Matthew Cole, Chairman & Chief Executive Officer of Strive, Inc. "We’re focused on building a track record of success for SATA by maintaining a stable trading range and keeping a strong balance sheet, which we believe will generate attractive long-term returns to our common equity stockholders vs our Bitcoin hurdle rate.” ______________________ (1) Non-GAAP adjusted net loss, non-GAAP adjusted net loss attributable to common stockholders, and non-GAAP adjusted net loss per diluted common share are non-GAAP measures. See page 4 for reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measures. STRIVE, INC. CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (in thousands, except share and per share data) December 31, 2025 December 31, 2024 (Successor) (Predecessor) (unaudited) Assets: Current assets: Cash and cash equivalents$67,499 $6,155 Short-term investments — 16,755 Prepaid expenses 2,708 351 Other current assets 1,569 500 Total current assets 71,776 23,761 Digital assets, at fair value 668,486 — Property and equipment, net 778 951 Intangible assets, net 355 187 Right-of-use lease assets 4,037 1,786 Other non-current assets 95 1,512 Total assets$745,527 $28,197 Liabilities: Current liabilities: Compensation and benefits payable$164 $1,112 Accounts payable and other liabilities 8,560 2,227 Dividends payable 2,053 — Total current liabilities 10,777 3,339 Operating lease liabilities 3,512 1,516 Total liabilities 14,289 4,855 Mezzanine equity: Variable Rate Series A Preferred Stock, $0.001 par value; 20,000,000 and 0 shares authorized, 2,012,729 and 0 shares issued and outstanding, $201.3 million and $0 redemption value and liquidation preference at December 31, 2025 and December 31, 2024, respectively 148,802 — Total mezzanine equity 148,802 — Stockholders’ equity: Predecessor preferred stock, $0.00001 par value; 0 and 1,161,650 shares authorized, 0 and 1,158,802 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively — 72,488 Predecessor Class A common stock, $0.00001 par value; 0 and 2,000,000 shares authorized, 0 and 2,000,000 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively — — Predecessor Class B common stock, $0.00001 par value; 0 and 2,339,765 shares authorized, 0 and 400,970 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively — — Successor Class A common stock, $0.001 par value; 22,200,000,000 and 0 shares authorized, 34,936,745 and 0 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively1 699 — Successor Class B common stock, $0.001 par value; 1,050,000,000 and 0 shares authorized, 9,776,540 and 0 shares issued and outstanding at December 31, 2025 and December 31, 2024, respectively1 196 — Additional paid-in capital 1,055,595 — Accumulated deficit (474,054) (49,146)Total stockholders’ equity 582,436 23,342 Total liabilities, mezzanine equity, and stockholders' equity$745,527 $28,197 (1) All shares authorized and outstanding amounts for all periods presented reflect the Company's 1-for-20 reverse stock split on Class A and Class B common stock, which was effective after the close of trading on February 6, 2026. STRIVE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except share and per share data) (unaudited) Successor Predecessor Period from September 12, 2025 to December 31, 2025 Period from January 1, 2025 to September 11, 2025 Year Ended December 31, 2024Revenues: Investment advisory fees$1,495 $4,187 $3,592 Other revenue 17 35 58 Total revenues 1,512 4,222 3,650 Operating expenses: Fund management and administration 1,867 4,250 4,867 Employee compensation and benefits 27,639 7,222 9,135 General and administrative expense 3,681 4,229 11,248 Marketing and advertising 151 231 862 Depreciation and amortization 71 149 192 Total operating expenses 33,409 16,081 26,304 Investment gains/(losses): Net unrealized loss on digital assets, at fair value (194,508) — — Other derivative loss (14,731) — — Net investment gains/(losses) (209,239) — — Net operating loss (241,136) (11,859) (22,654) Other income/(expense): Other income 723 586 795 Transaction costs (12,400) (15,717) — Gain on lease remeasurement — — 279 Goodwill and intangible asset impairment (140,785) — — Total other income/(expense) (152,462) (15,131) 1,074 Net loss before income taxes (393,598) (26,990) (21,580)Income tax benefit/(expense) — — — Net loss$(393,598) $(26,990) $(21,580)Dividends on preferred stock (4,320) — — Net loss attributable to common stockholders$(397,918) $(26,990) $(21,580) Weighted average number of common shares outstanding: Basic (1) 43,997,862 2,299,243 2,213,424 Diluted (1) 43,997,862 2,299,243 2,213,424 Net loss per common share: Basic (1)$(9.04) $(11.74) $(9.75)Diluted (1)$(9.04) $(11.74) $(9.75) (1) All share and per-share amounts for all periods presented reflect the Company's 1-for-20 reverse stock split on Class A and Class B common stock, which was effective after the close of trading on February 6, 2026. Non-GAAP Financial Measures This press release contains certain non-GAAP financial measures, consisting of non-GAAP adjusted net income (loss), non-GAAP adjusted net income (loss) attributable to common stockholders and non-GAAP adjusted net income (loss) attributable to common stockholders per diluted common share. Non-GAAP financial measures are subject to material limitations as they are not measurements prepared in accordance with GAAP and are not a substitute for such measurements. Our non-GAAP financial measures are not meant to be considered in isolation and should be read only in conjunction with our consolidated financial statements, which have been prepared in accordance with GAAP. We rely primarily on such consolidated financial statements to understand, manage, and evaluate our business performance and use the non-GAAP financial measures as supplemental information. Reconciliations of reported GAAP historic measures to adjusted non-GAAP measures are included in the financial schedules contained in this press release. Non-GAAP adjusted net income (loss) Non-GAAP adjusted net income (loss), non-GAAP adjusted net income (loss) attributable to common stockholders, and the related non-GAAP adjusted net income (loss) per diluted common share excludes the impact of (i) share-based compensation expense, (ii) depreciation and amortization, (iii) other derivative loss, (iv) transaction costs, (v) gain on lease remeasurement, and (vi) goodwill and intangible asset impairments. We believe these measures offer management and investors insight as they exclude significant non-cash and/or non-recurring items. The following provides GAAP measures of net loss, net loss attributable to common stockholders, and net loss per diluted common share and the details with respect to reconciling the line items to non-GAAP adjusted net income (loss), non-GAAP adjusted net income (loss) attributable to common stockholders, and non-GAAP adjusted net income (loss) per diluted common share (all amounts in thousands, other than share and per share information): Successor Predecessor Period from September 12, 2025 to December 31, 2025 Period from January 1, 2025 to September 11, 2025 Year Ended December 31, 2024Net loss$(393,598) $(26,990) $(21,580)Share-based compensation expense 21,710 — — Depreciation and amortization 71 149 192 Other derivative loss 14,731 — — Transaction costs 12,400 15,717 — Gain on lease remeasurement — — (279)Goodwill and intangible asset impairment 140,785 — — Non-GAAP adjusted net income (loss)$(203,901) $(11,124) $(21,667)Dividends on preferred stock (4,320) — — Non-GAAP adjusted net loss attributable to common stockholders$(208,221) $(11,124) $(21,667) Weighted average number of diluted common shares outstanding 43,997,862 2,299,243 2,213,424 Net loss per diluted common share$(9.04) $(11.74) $(9.75)Non-GAAP adjusted net loss per diluted common share$(4.73) $(4.84) $(9.79) Important Information About Other Metrics Bitcoin Yield is a metric that represents the percentage change in bitcoin per share from the beginning of a period to the end of a period. Bitcoin Gain is a metric that represents the number of bitcoin held by the Company at the beginning of a period multiplied by the Bitcoin Yield for such period. Bitcoin $ Gain is a metric that represents the dollar value of the Bitcoin Gain calculated by multiplying the Bitcoin Gain by the market price of bitcoin. For determining Bitcoin $ Gain, unless otherwise specified, the Company uses the current market price of bitcoin. For determining Bitcoin $ Gain for a past fiscal year or other past period, the Company uses the market price of bitcoin as of 4:00pm ET as reported on the Coinbase exchange on the last day of the applicable period. The Company uses these market prices of bitcoin for this calculation solely for the purpose of facilitating this illustrative calculation. The Company uses Bitcoin Yield, Bitcoin Gain and Bitcoin $ Gain as metrics to help assess the performance of its strategy of acquiring bitcoin in a manner the Company believes is accretive to stockholders. The Company believes these metrics can supplement investors’ understanding of how the Company chooses to fund bitcoin purchases and the value created in a period by: in the case of Bitcoin Yield, measuring the percentage change in bitcoin per share from the beginning of a period to the end of a period, which helps investors assess how the Company’s achievement of its strategy of acquiring bitcoin in an accretive manner varies across periods;in the case of Bitcoin Gain, hypothetically expressing the percentage change reflected in the Bitcoin Yield metric as if it reflected an increase in the amount of bitcoin held at the end of the applicable period as compared to the beginning of such period, which provides investors with visibility into the absolute change in the Company’s bitcoin holdings resulting from its Bitcoin Yield; andin the case of Bitcoin $ Gain, further expressing that change as an illustrative dollar value by multiplying that bitcoin-denominated change by the market price of bitcoin at the end of the applicable period as described above. When the Company uses these metrics, management takes into account the various limitations of these metrics, including that they do not take into account that our assets, including our bitcoin, are subject to (i) all of our existing and future liabilities, including our debt, and (ii) the preferential rights of our preferred stockholders to dividends and our assets in a liquidation, and that all such claims rank senior to those of our common equity; and Bitcoin Yield, Bitcoin Gain and Bitcoin $ Gain are not, and should not be understood as, financial performance, valuation or liquidity measures. Specifically: Bitcoin Yield is not equivalent to “yield” in the traditional financial context. It is not a measure of the return on investment the Company’s stockholders may have achieved historically or can achieve in the future by purchasing stock of the Company, or a measure of income generated by the Company’s operations or its bitcoin holdings, return on investment on its bitcoin holdings, or any other similar financial measure of the performance of its business or assets.Bitcoin Gain and Bitcoin $ Gain are not equivalent to “gain” in the traditional financial context. They also are not measures of the return on investment the Company’s stockholders may have achieved historically or can achieve in the future by purchasing stock of the Company, or measures of income generated by the Company’s operations or its bitcoin holdings, return on investment on its bitcoin holdings, or any other similar financial measure of the performance of its business or assets. It should also be understood that Bitcoin $ Gain does not represent a fair value gain of the Company’s bitcoin holdings, and Bitcoin $ Gain may be positive during periods when the Company has incurred fair value losses on its bitcoin holdings. The trading price of the Company’s Class A common stock is informed by numerous factors in addition to Company’s bitcoin holdings and its actual or potential shares of Class A common stock outstanding, and as a result, the trading price of the Company’s securities can deviate significantly from the market value of the Company’s bitcoin, and none of Bitcoin Yield, Bitcoin Gain or Bitcoin $ Gain are indicative or predictive of the trading price of the Company’s securities. Investors should rely on the financial statements and other disclosures contained in the Company’s SEC filings. In particular, the Company has adopted Accounting Standards Update No. 2023-08, Intangibles-Goodwill and Other-Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets (“ASU 2023-08”), which requires that the Company measure its bitcoin at fair value in its statement of financial position as of the end of a reported period, and recognize gains losses from changes in the fair value in net income (loss) for the reported period. As a result, we may incur unrealized gain or loss on digital assets based on changes in the market price of bitcoin during a period, which would not be reflected in Bitcoin Yield, Bitcoin Gain or Bitcoin $ Gain. As noted above, these metrics are narrow in their purpose and are used by management to assist it in assessing whether the Company is raising and deploying capital in a manner accretive to stockholders solely as it pertains to its bitcoin holdings. In calculating these metrics, the Company does not consider the source of capital used for the acquisition of its bitcoin. When the Company purchases bitcoin using proceeds from offerings of redeemable preferred stock, such transactions have the effect of increasing the Bitcoin Yield, Bitcoin Gain and Bitcoin $ Gain, while also increasing the Company’s senior claims of holders of instruments other than Class A common stock with respect to dividends and to the Company’s assets, including its bitcoin, in a manner that is not reflected in these metrics. If any of the Company’s convertible notes mature or are redeemed without being converted into common stock, or if the Company elects to redeem or repurchase its non-convertible instruments, the Company may be required to sell shares of its Class A common stock or bitcoin to generate sufficient cash proceeds to satisfy those obligations, either of which would have the effect of decreasing Bitcoin Yield, Bitcoin Gain and Bitcoin $ Gain, and adjustments for such decreases are not contemplated by the assumptions made in calculating these metrics. Accordingly, these metrics might overstate or understate the accretive nature of the Company’s use of capital to buy bitcoin because not all bitcoin is purchased using proceeds of issuances of Class A common stock, and not all proceeds from issuances of Class A common stock are used to purchase bitcoin. In addition, we are required to pay dividends with respect to our perpetual preferred stock in perpetuity. The Company has historically not paid any dividends on its shares of Class A common stock, and by presenting these metrics the Company makes no suggestion that it intends to do so in the future. Ownership of the Company’s securities, including its Class A common stock and preferred stock, does not represent an ownership interest in, or a redemption right with respect to, the bitcoin the Company holds. The Company’s ability to achieve positive Bitcoin Yield, Bitcoin Gain, or Bitcoin $ Gain may depend on a variety of factors, including factors outside of its control, such as the price of bitcoin, and the availability of debt and equity financing on favorable terms. Past performance is not indicative of future results. These metrics are merely supplements, not substitutes to the financial statements and other disclosures contained in the Company’s SEC filings. They should be used only by sophisticated investors who understand their limited purpose and many limitations. About Strive Strive, Inc. is a bitcoin treasury company. With Bitcoin as its hurdle rate, the Company is focused on (i) maximizing value for stockholders; (ii) accumulating bitcoin; and (iii) outperforming bitcoin over the long run. Strive's wholly owned subsidiary, Strive Asset Management, is a SEC-registered investment adviser. The Company also owns and operates True North, a Bitcoin-focused media platform. Learn more at strive.com. Cautionary Statement Regarding Forward-Looking Statements Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, express or implied statements regarding the outlook and expectations of Strive, the strategic benefits and financial benefits of the merger transaction with Semler Scientific, Inc. (the "merger transaction"), including the expected impact of the merger transaction on the combined company’s future financial performance and the ability to successfully integrate the combined businesses, and the Company’s intentions with respect to adjusting the SATA Stock monthly regular dividend rate per annum. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgment of Strive or its respective management team about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements as a result of various important factors. Other risks, uncertainties and assumptions, including, among others, the following: the outcome of any legal proceedings that may be instituted against Strive or its subsidiaries;the possibility that the anticipated benefits of the merger transaction are not realized when expected or at all, including as a result of changes in, or problems arising from, implementation of Bitcoin treasury strategies and risks associated with Bitcoin and other digital assets, general economic and market conditions, interest and exchange rates, monetary policy, and laws and regulations and their enforcement;the diversion of management’s attention from ongoing business operations and opportunities;dilution caused by Strive’s issuance of additional shares of its Class A common stock or SATA Stock;potential adverse reactions of Strive’s clients and customers or changes to business or employee relationships, including those resulting from the completion of the merger transaction; andother factors that may affect future results of Strive. These factors are not necessarily all of the factors that could cause the Company’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm the Company’s results. Although Strive believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that actual results of Strive will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in Strive’s Annual Report on Form 10-K and other documents subsequently filed by Strive with the SEC. The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive or its businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements contained in this press release speak only as of the date hereof, and Strive undertakes no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. Strive Media Contact: [email protected] Investor Contact: [email protected] |
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TD Cowen Initiates Strive With a Buy and $26 Target: The Anti-ESG Asset Manager Is Making Waves on Wall Street | FMP Stock News | |
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.© William Potter / Shutterstock.com Strive (NASDAQ:ASST) stock got a notable vote of confidence on Friday when TD Cowen initiated coverage with a Buy rating and a $26 price target. The call spotlights one of the more unconventional stories in asset management: a Bitcoin treasury company with an explicit anti-ESG identity, now publicly traded and making a case for shareholder primacy in an industry long dominated by ESG mandates. Currently close to $10, Strive shares were trading near $9.64 heading into Friday’s session, meaning TD Cowen’s target represents a substantial gap between where the stock sits today and where the firm believes it can go. Ticker Company Firm Action Old Rating New Rating Old Target New Target ASST Strive TD Cowen Initiation N/A Buy N/A $26 The Analyst’s Case TD Cowen’s initiation frames Strive as a differentiated player in asset management, one that explicitly rejects ESG-driven investing in favor of shareholder primacy. Co-founded by Vivek Ramaswamy, Strive has built its identity around the idea that corporations should focus on returns for shareholders rather than social or environmental agendas. That positioning has attracted a distinct investor base and sets Strive apart from legacy managers like BlackRock and Vanguard. The firm’s Bitcoin (CRYPTO:BTC) treasury strategy adds another layer of differentiation. Strive describes itself as the first publicly traded Bitcoin treasury asset management firm, using Bitcoin as its hurdle rate for measuring shareholder value creation. Company Snapshot Strive completed a reverse acquisition of Asset Entities Inc. on September 12, 2025, landing on the NASDAQ under the ticker ASST. Since then, it has moved aggressively to accumulate Bitcoin, holding 13,628 BTC as of March 17, funded in part by $762.6 million raised through PIPE financing and warrant exercises. The company also completed an all-stock acquisition of Semler Scientific, adding approximately 5,048 BTC to its holdings. Its capital markets product, SATA Stock, is a Variable Rate Series A Perpetual Preferred Stock targeting double-digit yield. Strive CEO Matthew Cole has stated, “We see a multi-trillion dollar opportunity for digital credit to scale in the years to come.” Why the Move Matters Now TD Cowen’s initiation arrives as Strive is still in early innings as a public company. Management’s 2026 guidance targets the asset management business approaching breakeven, ranging from $0.01 net loss to $0.01 net income per diluted share. Meanwhile, the stock’s 52-week range spans $7.02 to $268.40, reflecting the volatility that comes with a Bitcoin-heavy balance sheet and a beta of 17.4. What It Means for Your Portfolio For retirement-focused investors, Strive stock is a high-conviction, high-volatility proposition. The anti-ESG angle and Bitcoin treasury model are genuinely novel, and TD Cowen’s $26 target signals real institutional interest in the thesis. That said, the stock’s extreme beta and GAAP net loss of $393.6 million in Q4 2025 driven largely by Bitcoin fair value swings demand careful position sizing. If you believe Bitcoin accumulation and shareholder-primacy asset management represent durable competitive advantages, TD Cowen’s initiation warrants a closer look. If volatility keeps you up at night, Strive’s risk profile may not fit a conservative retirement allocation. |
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TD Cowen Bets Big on Crypto Treasuries: ASST, SBET, and NAKA Rally as Bitcoin Reclaims $73,000 | FMP Stock News | |
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.Bitcoin (CRYPTO:BTC) climbed to $73,000 in Friday morning trading, and TD Cowen moved fast. The firm issued three new Buy initiations in a single morning, all targeting companies building crypto treasury strategies around Bitcoin and Ethereum (CRYPTO:ETH). It’s a coordinated, high-conviction bet on where digital assets are heading by year-end. TD Cowen’s underlying thesis rests on a year-end Bitcoin price target of $140,000 and a year-end Ethereum target of $3,650. Those are aggressive calls from current levels, but the firm is backing them with fresh analyst coverage across the sector. The initiations sent several small-cap crypto treasury names sharply higher this morning. Bitcoin is up 3% in the last 24 hours, and Ethereum is near $2,250, up 3.5% in the last 24 hours. TD Cowen’s thesis spans four names across the crypto treasury space. Strive Leads the Move Strive, Inc. (NASDAQ:ASST) stock is the biggest mover, up 8% today to $10 after TD Cowen initiated coverage with a Buy rating and a price target of $26, representing 165% upside from Thursday’s close of $9.81. That’s a bold call on a stock that’s down 35% year-to-date. Strive is the anti-ESG asset management firm co-founded by entrepreneur and politician Vivek Ramaswamy, now operating as a Bitcoin treasury company. The firm has accumulated 13,628 BTC as of March 17, 2026, and reported a Bitcoin Yield of 22% in Q4 2025 with a Bitcoin Dollar Gain of $114.3 million. CEO Matthew Cole has called digital credit a “multi-trillion dollar opportunity.” Strive’s capital structure is built around its SATA preferred stock, which raised $148.4 million via IPO in November 2025. Ramaswamy’s political profile adds a distinct brand angle to what is otherwise a straightforward Bitcoin accumulation play. SharpLink Rides the Ethereum Treasury Thesis SharpLink Gaming (NASDAQ:SBET) stock is up 2% today to $6.55, lifted by TD Cowen’s Buy initiation with a price target of $16, representing 147% upside from Thursday’s close of $6.49. SharpLink is the only Ethereum-focused name in the group, making it differentiated in a sector dominated by Bitcoin treasury strategies. The firm’s TD Cowen thesis centers on Ethereum accumulation. The analyst projects $93 million in Ethereum dollar gains for SharpLink in fiscal year 2026. SharpLink held 864,597 ETH as of December 31, 2025, making it the world’s second-largest publicly traded Ethereum holder. Staking revenue came in at $15.3 million in Q4 2025, up 49% from Q3’s $10.3 million. SharpLink stock is down 28% year-to-date. Nakamoto: High Upside, Real Risk Nakamoto (NASDAQ:NAKA) stock is up 3% today to $0.22 after TD Cowen initiated with a Buy rating and a price target of $1, representing 376% upside from Thursday’s close of $0.21. That target comes with an important asterisk. Nakamoto has been trading below Nasdaq’s minimum qualifying threshold since late October 2025 and faces potential delisting risk. The company announced Thursday that it is seeking a reverse stock split of 1-for-20 to 1-for-50 share consolidation to address Nasdaq compliance. TD Cowen’s $1 price target implicitly assumes the reverse stock split proceeds. Nakamoto is down 40% year-to-date. The company holds 5,342 Bitcoin as of December 31, 2025 and owns Bitcoin Magazine and The Bitcoin Conference through its BTC Inc acquisition, completed in February 2026. CEO David Bailey has positioned Nakamoto as a fully integrated Bitcoin operating business, though integration risks and the compliance situation make this the most speculative name of the three initiations. Strategy: Recalibration, Not Retreat Strategy (NASDAQ:MSTR | MSTR Price Prediction) stock is up 2% today to $131 even as TD Cowen trimmed its price target. The firm reiterated its Buy rating but cut the price target to $350 from $440, citing revised Bitcoin price assumptions, including an estimated Bitcoin gain of $142,000 for 2026. This is a recalibration, not a loss of conviction. TD Cowen still sees meaningful upside from current levels. Strategy, led by Michael Saylor, holds 713,502 BTC as of February 1, 2026, making it the largest corporate Bitcoin holder by a wide margin. The stock is down 15% year-to-date, but today’s modest gain alongside the broader sector rally suggests the market is treating the target cut as a minor footnote relative to Bitcoin’s recovery. The prediction market on Bitcoin reaching $140,000 by year-end carries only an 11% implied probability on Polymarket, which puts TD Cowen squarely in the optimist camp. Watch for whether Bitcoin can sustain its push above $73,000 into the weekend close, as that momentum will likely determine whether today’s gains hold across the crypto treasury space. |
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Brokerages Set Strive, Inc. (NASDAQ:ASST) Target Price at $19.33 | FMP Stock News | |
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Posted by Defense World Staff on Apr 13th, 2026Shares of Strive, Inc. (NASDAQ:ASST – Get Free Report) have been given an average rating of “Moderate Buy” by the five analysts that are covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $19.3333. Several equities analysts have recently issued reports on the company. Wall Street Zen lowered Strive from a “hold” rating to a “sell” rating in a research note on Saturday, March 21st. TD Cowen assumed coverage on Strive in a research note on Friday. They set a “buy” rating and a $26.00 price target on the stock. Zacks Research raised Strive to a “hold” rating in a research note on Wednesday, March 11th. Maxim Group cut their price target on Strive from $30.00 to $20.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Finally, B. Riley Financial assumed coverage on Strive in a research note on Tuesday, March 10th. They set a “buy” rating and a $12.00 price target on the stock. Check Out Our Latest Analysis on ASST Trending Headlines about Strive Here are the key news stories impacting Strive this week: Positive Sentiment: TD Cowen initiated coverage with a Buy and $26 price target (roughly 145% upside versus the recent share price), giving ASST a clear analyst catalyst that can attract institutional and retail flows. Read More. Positive Sentiment: Media coverage and writeups picked up quickly after the initiation, noting renewed investor interest and helping boost visibility and volume for the stock. Read More. Neutral Sentiment: Reported short‑interest data is anomalous (shows 0 shares and NaN change), implying no clear short‑squeeze pressure from the published figures; treat that data point cautiously as a likely reporting artifact rather than a market driver. Strive Price Performance Shares of ASST opened at $10.63 on Friday. Strive has a 12-month low of $7.02 and a 12-month high of $268.40. The firm has a market capitalization of $735.16 million, a PE ratio of -1.77 and a beta of 15.29. The stock’s fifty day simple moving average is $9.55 and its 200-day simple moving average is $18.65. Strive (NASDAQ:ASST – Get Free Report) last issued its quarterly earnings results on Saturday, January 31st. The company reported ($4.73) earnings per share (EPS) for the quarter. Strive had a negative net margin of 7,335.00% and a negative return on equity of 122.88%. Insider Buying and Selling at Strive In related news, CEO Matthew Ryan Cole bought 25,000 shares of the business’s stock in a transaction on Tuesday, January 13th. The shares were purchased at an average price of $18.40 per share, with a total value of $460,000.00. Following the completion of the purchase, the chief executive officer owned 38,150 shares of the company’s stock, valued at $701,960. This represents a 190.11% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Benjamin Pham bought 7,900 shares of the business’s stock in a transaction on Tuesday, February 17th. The stock was bought at an average cost of $8.23 per share, for a total transaction of $65,017.00. Following the purchase, the chief financial officer directly owned 7,900 shares of the company’s stock, valued at approximately $65,017. This trade represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought 39,114 shares of company stock worth $575,102 in the last ninety days. 2.71% of the stock is currently owned by insiders. Hedge Funds Weigh In On Strive Several hedge funds have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP acquired a new stake in shares of Strive during the second quarter worth about $40,000. Two Sigma Investments LP acquired a new stake in shares of Strive during the third quarter worth about $27,000. Tower Research Capital LLC TRC raised its position in shares of Strive by 180.4% during the second quarter. Tower Research Capital LLC TRC now owns 10,969 shares of the company’s stock worth $41,000 after purchasing an additional 7,057 shares during the period. Osaic Holdings Inc. acquired a new stake in shares of Strive during the second quarter worth about $41,000. Finally, Verition Fund Management LLC acquired a new stake in shares of Strive during the third quarter worth about $28,000. Institutional investors and hedge funds own 5.52% of the company’s stock. About Strive (Get Free Report) Asset Entities, Inc (NASDAQ: ASST) is a specialty finance company that acquires, originates and services asset-backed loans and receivables across a range of industry sectors. The firm focuses on structuring and managing credit portfolios in equipment finance, commercial receivables and other asset-backed classes, employing securitization vehicles and bespoke financing solutions to deliver liquidity to underserved small- and mid-market borrowers. Through its platform, Asset Entities leverages data-driven underwriting, risk management and portfolio optimization to create diversified exposure across end markets. Featured Stories Five stocks we like better than Strive Receive News & Ratings for Strive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strive and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEShort Interest in Invesco BulletShares 2034 Corporate Bond ETF (NASDAQ:BSCY) Declines By 39.1% NEXT HEADLINE »Short Interest in GraniteShares Nasdaq Select Disruptors ETF (NYSEARCA:DRUP) Decreases By 38.4% |
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2026-06-11 14:11
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2026-04-13 05:40
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Gibbs Wealth Management Buys New Position in Strive, Inc. $ASST | FMP Stock News | |
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Posted by Defense World Staff on Apr 13th, 2026Gibbs Wealth Management bought a new stake in shares of Strive, Inc. (NASDAQ:ASST – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 80,000 shares of the company’s stock, valued at approximately $59,000. Several other large investors also recently added to or reduced their stakes in ASST. Geode Capital Management LLC grew its position in Strive by 362.6% during the second quarter. Geode Capital Management LLC now owns 149,585 shares of the company’s stock valued at $561,000 after buying an additional 117,249 shares during the period. Creative Planning bought a new stake in Strive during the second quarter valued at approximately $79,000. XTX Topco Ltd bought a new stake in Strive during the second quarter valued at approximately $126,000. Engineers Gate Manager LP bought a new stake in Strive during the second quarter valued at approximately $40,000. Finally, Tower Research Capital LLC TRC grew its position in Strive by 180.4% during the second quarter. Tower Research Capital LLC TRC now owns 10,969 shares of the company’s stock valued at $41,000 after buying an additional 7,057 shares during the period. 5.52% of the stock is currently owned by institutional investors. Strive Price Performance ASST opened at $10.63 on Monday. The firm has a market cap of $735.16 million, a P/E ratio of -1.77 and a beta of 15.29. Strive, Inc. has a 1-year low of $7.02 and a 1-year high of $268.40. The company has a 50 day simple moving average of $9.55 and a two-hundred day simple moving average of $18.65. Strive (NASDAQ:ASST – Get Free Report) last posted its quarterly earnings results on Saturday, January 31st. The company reported ($4.73) earnings per share for the quarter. Strive had a negative return on equity of 122.88% and a negative net margin of 7,335.00%. Trending Headlines about Strive Here are the key news stories impacting Strive this week: Positive Sentiment: TD Cowen initiated coverage with a Buy and $26 price target (roughly 145% upside versus the recent share price), giving ASST a clear analyst catalyst that can attract institutional and retail flows. Read More. Positive Sentiment: Media coverage and writeups picked up quickly after the initiation, noting renewed investor interest and helping boost visibility and volume for the stock. Read More. Neutral Sentiment: Reported short‑interest data is anomalous (shows 0 shares and NaN change), implying no clear short‑squeeze pressure from the published figures; treat that data point cautiously as a likely reporting artifact rather than a market driver. Insider Buying and Selling In other news, CEO Matthew Ryan Cole purchased 25,000 shares of the company’s stock in a transaction on Tuesday, January 13th. The stock was acquired at an average cost of $18.40 per share, for a total transaction of $460,000.00. Following the completion of the transaction, the chief executive officer directly owned 38,150 shares in the company, valued at $701,960. This trade represents a 190.11% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CFO Benjamin Pham purchased 7,900 shares of the company’s stock in a transaction on Tuesday, February 17th. The stock was purchased at an average price of $8.23 per share, with a total value of $65,017.00. Following the completion of the transaction, the chief financial officer owned 7,900 shares of the company’s stock, valued at approximately $65,017. This trade represents a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders acquired 39,114 shares of company stock valued at $575,102. Company insiders own 2.71% of the company’s stock. Analyst Ratings Changes Several analysts recently issued reports on ASST shares. Weiss Ratings restated a “sell (e-)” rating on shares of Strive in a research report on Monday, December 29th. Maxim Group cut their target price on shares of Strive from $30.00 to $20.00 and set a “buy” rating for the company in a research report on Monday, March 23rd. Zacks Research upgraded shares of Strive to a “hold” rating in a research report on Wednesday, March 11th. TD Cowen assumed coverage on shares of Strive in a research report on Friday. They issued a “buy” rating and a $26.00 price target for the company. Finally, Wall Street Zen lowered shares of Strive from a “hold” rating to a “sell” rating in a research report on Saturday, March 21st. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Strive presently has an average rating of “Moderate Buy” and a consensus target price of $19.33. Check Out Our Latest Stock Analysis on ASST Strive Company Profile (Free Report) Asset Entities, Inc (NASDAQ: ASST) is a specialty finance company that acquires, originates and services asset-backed loans and receivables across a range of industry sectors. The firm focuses on structuring and managing credit portfolios in equipment finance, commercial receivables and other asset-backed classes, employing securitization vehicles and bespoke financing solutions to deliver liquidity to underserved small- and mid-market borrowers. Through its platform, Asset Entities leverages data-driven underwriting, risk management and portfolio optimization to create diversified exposure across end markets. See Also Five stocks we like better than Strive Want to see what other hedge funds are holding ASST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Strive, Inc. (NASDAQ:ASST – Free Report). Receive News & Ratings for Strive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strive and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINERitholtz Wealth Management Invests $2.16 Million in Pediatrix Medical Group, Inc. $MD NEXT HEADLINE »Ritholtz Wealth Management Reduces Holdings in Hewlett Packard Enterprise Company $HPE |
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2026-06-11 14:11
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2026-04-17 12:08
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Strive Soars 12%, Bitmine Jumps 5% as Bitcoin and Ethereum's Surge Lifts the Crypto Proxy Trade | FMP Stock News | |
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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.© Andrey Gorgots / Shutterstock.com Strive (NASDAQ:ASST) stock is up 13% in Friday afternoon trading while Bitmine Immersion Technologies (NYSE:BMNR | BMNR Price Prediction) shares are up 5%, as a broad crypto rally sends both names sharply higher. The catalyst is clear: Bitcoin (CRYPTO:BTC) is up 5% over the past 24 hours, trading near $77,800, while Ethereum (CRYPTO:ETH) has surged 5.5% to $2,444. Both companies function as crypto proxy equities, meaning their stock prices move in close correlation with the digital assets they hold on their balance sheets. On days when Bitcoin and Ethereum surge, names like ASST and BMNR tend to amplify those moves, giving equity investors leveraged-style exposure without touching a crypto wallet. The crypto rally itself is a recovery within a broader 2026 pullback. Bitcoin remains down 11% year-to-date, and Ethereum is down 17% year-to-date. Today’s move looks more like a tactical bounce than a trend reversal, but it’s clearly enough to light up the crypto proxy trade. Strive’s Bitcoin Treasury Fuels the Bigger Move Strive’s outsized 12% gain reflects just how directly its fortunes are tied to Bitcoin’s price. The company holds 13,628 BTC as of March 17, making its net asset value highly sensitive to any meaningful move in Bitcoin. When BTC jumps 5% in a single session, the equity tends to react with even greater velocity. The company’s recent financial momentum adds to the bullish backdrop. Strive reported a Q4 2025 Bitcoin Yield of 22%, with a Bitcoin Gain of 1,305 BTC worth $114.3 million. Into Q1 2026, it had already posted a quarter-to-date Bitcoin Yield of 14% and a Bitcoin Gain of 1,050 BTC worth $78.2 million. Wall Street is taking notice. TD Cowen initiated coverage of Strive with a Buy rating and a $26 price target on April 10, citing the company’s positioning as the first publicly traded Bitcoin treasury asset management firm. That analyst consensus, with a consensus target price of $20.33, suggests meaningful upside from recent trading levels even before today’s move. Strive is also pursuing a pending acquisition of Semler Scientific, which would add 5,048 BTC to its treasury. CEO Matthew Cole has described a multi-trillion dollar digital credit opportunity, anchored by the company’s SATA perpetual preferred structure. That growth narrative, layered on top of a rising Bitcoin price, is what’s driving ASST stock to its highest levels in recent weeks. Bitmine Rides the Ethereum Wave Bitmine Immersion Technologies stock’s 5% gain today is a direct function of Ethereum’s move. The company claims the largest ETH treasury in the world, holding over 3.73 million ETH valued near $10 billion. With Ethereum up sharply on the day, Bitmine’s balance sheet is appreciating in real time. The company’s long-term ambition is to acquire 5% of all ETH, an audacious target that would make it one of the most concentrated single-asset treasury plays in the public markets. Bitmine’s MAVAN (Made-in-America Validator Network) infrastructure supports ETH staking, giving Bitmine an operational income stream alongside its treasury position. Retail options traders have been active around BMNR. A post on r/options titled “funding my monthly expenses selling covered calls on BMNR” drew 75 upvotes and 17 comments on April 10, reflecting how traders are positioning around the stock’s volatility. That kind of retail engagement tends to amplify moves on high-volume crypto days like today. Wall Street analysts carry a consensus Buy rating on BMNR stock, with a price target of $36. The stock’s 52-week low of $3.199 and 52-week high of $160.95 illustrate just how wide the range of outcomes can be for a name this tightly coupled to a single volatile asset. What to Watch For ASST stock, watch for whether today’s gains hold above $15.50. Any continuation in Bitcoin above the $78,000 level could sustain the momentum into the close. For BMNR stock, the key question is whether Ethereum can hold its gains through the afternoon session. If ETH fades, expect BMNR to give back a portion of today’s move quickly. Both stocks remain volatile proxies, and today’s session is a reminder that the crypto proxy trade cuts both ways. |
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Strive (NASDAQ:ASST) Shares Up 9.1% – Still a Buy? | FMP Stock News | |
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Posted by Defense World Staff on Apr 19th, 2026Strive, Inc. (NASDAQ:ASST – Get Free Report)’s stock price shot up 9.1% during mid-day trading on Friday . The company traded as high as $15.28 and last traded at $15.2540. 1,074,474 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 4,463,449 shares. The stock had previously closed at $13.98. Analysts Set New Price Targets A number of brokerages recently issued reports on ASST. Maxim Group decreased their price objective on shares of Strive from $30.00 to $20.00 and set a “buy” rating on the stock in a research note on Monday, March 23rd. Weiss Ratings reissued a “sell (e-)” rating on shares of Strive in a research note on Monday, December 29th. Wall Street Zen cut shares of Strive from a “hold” rating to a “sell” rating in a research note on Saturday, March 21st. TD Cowen began coverage on shares of Strive in a research note on Friday, April 10th. They issued a “buy” rating and a $26.00 price objective on the stock. Finally, B. Riley Financial began coverage on shares of Strive in a research note on Tuesday, March 10th. They issued a “buy” rating and a $12.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $19.33. Read Our Latest Research Report on ASST Strive Stock Up 11.7% The business’s 50 day simple moving average is $9.66 and its two-hundred day simple moving average is $17.59. The stock has a market cap of $1.08 billion, a P/E ratio of -2.60 and a beta of 15.29. Strive (NASDAQ:ASST – Get Free Report) last posted its earnings results on Saturday, January 31st. The company reported ($4.73) earnings per share for the quarter. Strive had a negative return on equity of 122.88% and a negative net margin of 7,335.00%. Insider Activity at Strive In other Strive news, CFO Benjamin Pham purchased 7,900 shares of the business’s stock in a transaction dated Tuesday, February 17th. The shares were bought at an average price of $8.23 per share, for a total transaction of $65,017.00. Following the completion of the acquisition, the chief financial officer owned 7,900 shares in the company, valued at approximately $65,017. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Company insiders own 2.71% of the company’s stock. Hedge Funds Weigh In On Strive A number of hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC lifted its holdings in shares of Strive by 180.4% during the second quarter. Tower Research Capital LLC TRC now owns 10,969 shares of the company’s stock worth $41,000 after purchasing an additional 7,057 shares during the period. Engineers Gate Manager LP acquired a new position in shares of Strive during the second quarter worth $40,000. Two Sigma Investments LP acquired a new position in shares of Strive during the third quarter worth $27,000. Osaic Holdings Inc. acquired a new position in shares of Strive during the second quarter worth $41,000. Finally, Verition Fund Management LLC acquired a new position in shares of Strive during the third quarter worth $28,000. Institutional investors and hedge funds own 5.52% of the company’s stock. Strive Company Profile (Get Free Report) Asset Entities, Inc (NASDAQ: ASST) is a specialty finance company that acquires, originates and services asset-backed loans and receivables across a range of industry sectors. The firm focuses on structuring and managing credit portfolios in equipment finance, commercial receivables and other asset-backed classes, employing securitization vehicles and bespoke financing solutions to deliver liquidity to underserved small- and mid-market borrowers. Through its platform, Asset Entities leverages data-driven underwriting, risk management and portfolio optimization to create diversified exposure across end markets. Further Reading Five stocks we like better than Strive Receive News & Ratings for Strive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Strive and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINECelanese (NYSE:CE) Shares Down 7.6% – Here’s Why NEXT HEADLINE »LGI Homes (NASDAQ:LGIH) Trading 9% Higher – Should You Buy? |
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2 Crypto Stocks Flashing Bullish Signals as Bitcoin Tops $75,000 | FMP Stock News | |
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Markets are once again hopeful as tensions in the Middle East ease, and stocks have staged a furious rally to new all-time highs over the last few weeks. But despite the renewed risk-on sentiment, cryptocurrencies have been oddly quiet, and most remain well below the August 2025 peak. However, Bitcoin recently reclaimed the key $75,000 price level, which is significant for investors. And if you’re looking to add crypto exposure to your portfolio, there’s a pair of small-cap Digital Asset Treasury (DAT) stocks that could pique your interest.Get Twenty One Capital alerts: Why $75,000 Was a Key Level for Bitcoin InvestorsA move above $75,000 for Bitcoin has been long-awaited by the market, and for several reasons. First, this has been a resistance level since the price collapsed in early February, and when key resistance levels are breached, they often turn into new areas of support. The crucial 100-day moving average is right around this price, and setting a new BTC floor at $75,000 would restore some confidence in the market. Not only is $75,000 a psychological sticking point, but it's also a crucial level for Bitcoin market makers. According to options data, market makers have negative gamma around $75,000, which indicates how quickly the price of derivatives responds to changes in the underlying asset's price. A negative gamma situation means market makers act in reverse of their typical behavior, which is buying dips and selling rallies to hedge and provide liquidity. When market makers have negative gamma, they often must sell dips and buy rallies to hedge, which is like putting price movement on steroids. Now that Bitcoin has broken through $75,000 and risk-on behavior has returned to most market sectors, crypto stocks are becoming attractive once again, and many of these companies are still trading well below their previous all-time highs. If you’re looking to add crypto exposure through a typical brokerage account, the following two stocks both have unique business models and technical tailwinds suggesting upward momentum is beginning to build. Twenty One Capital: High Risk, High Reward Bitcoin TreasuryThe typical DAT model uses a metric called multiple on Net Asset Value (mNAV) to decide when to buy and sell its assets. A stock with an mNAV of 1.0 trades at neither a discount nor a premium to its Bitcoin holdings, but an mNAV above 1.0 means investors are paying more than $1 for every $1 of Bitcoin exposure. On the other hand, an mNAV below 1.0 means the stock trades at a discount to its holdings, which is usually a bad sign for the company. A treasury company that the market trusts, like Strategy Inc. NASDAQ: MSTR, typically trades with an mNAV of 2.5-3.0 because investors are willing to pay a premium for exposure to Michael Saylor’s management. And when Strategy raises capital to buy more Bitcoin, this increases the Bitcoin-per-share value for existing shareholders. Twenty One Capital TodayXXI Twenty One Capital $5.42 +0.09 (+1.59%) As of 10:10 AM Eastern This is a fair market value price provided by Massive. Learn more. 52-Week Range$5.31▼ $12.51 Twenty One Capital Inc. NYSE: XXI currently trades at a diluted mNAV of 0.79, meaning investors are paying only 79 cents for every $1 of Bitcoin exposure. The downside to an mNAV under 1.0 is that the company can’t issue new shares to fund Bitcoin purchases without excessively diluting existing shareholders. However, Twenty One Capital is now the third-largest public Bitcoin holder, and this discount could narrow if cryptocurrencies continue to rally. XXI shares are finally starting to get some technical tailwinds, too. A bullish crossover on the Moving Average Convergence Divergence (MACD) helped propel the stock back over its 50-day moving average, and the crucial 100-day moving average is now in sight. XXI shares have been below their 100-day moving average since last August, so a move above that level could bring renewed pressure to accumulate before the mNAV discount closes. Strive Inc: A New Strategy on the Digital Asset Treasury ModelStrive Inc. NASDAQ: ASST is taking a different approach to the traditional DAT model. Instead of issuing new common shares to buy digital assets, Strive uses a preferred stock vehicle to fund its purchases. SATA is the company’s Variable Rate Series A Perpetual Preferred Stock, and using preferred stock to fund Bitcoin accumulation means Strive can keep buying BTC without diluting common stockholders, even when ASST trades at an mNAV of 1.0 or below. Strive Today $14.34 -0.09 (-0.62%) As of 10:11 AM Eastern This is a fair market value price provided by Massive. Learn more. 52-Week Range$7.02▼ $252.00Price Target$28.00 SATA shares pay a 13% annual dividend, so if Bitcoin compounds at more than 13% annually, Strive can arbitrage the spread between its Bitcoin holdings and dividend obligations. The preferred stock has no maturity date, meaning there’s no principal to return, and the proceeds can be used directly for new BTC purchases. Investors should be aware that using preferred stock to fund digital asset purchases for the benefit of common shareholders is an unprecedented maneuver, and ASST shares carry unique risks (i.e., if Bitcoin gains fail to match the dividend yield). But if this model holds, ASST shares could look like a tremendous bargain, and there’s evidence of an uptrend beginning. The stock posted a six-day winning streak in mid-April, and the share price is now back above the 50-day and 100-day moving averages. The Relative Strength Index (RSI) has confirmed the upward momentum, which should continue growing as long as Bitcoin keeps rallying. Should You Invest $1,000 in Twenty One Capital Right Now?Before you consider Twenty One Capital, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Twenty One Capital wasn't on the list. While Twenty One Capital currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here The AI wave will soon hit public markets with Anthropic and OpenAI set to go public later this year. However, you don't have to wait to invest. This report shows seven AI stocks that you can buy today while the big model providers get ready to go public. Get This Free Report |
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Interchange Capital Partners Initiates Position in Strive Asset Management, According to Recent SEC Filing | FMP Stock News | |
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What happenedAccording to an SEC filing published April 23, 2026, Interchange Capital Partners, LLC initiated a new position in Strive Asset Management (ASST 0.28%)by acquiring 880,571 shares. The quarter-end value of the position increased by $8.82 million, reflecting both the acquisition and stock price changes.What else to knowThis is a new position for Interchange Capital Partners, LLC and now constitutes 2.79% of its reportable U.S. equity AUM as of March 31, 2026. Top holdings after the filing: NASDAQ: AAPL: approximately $17.20 million (approximately 5.4% of AUM)NYSEMKT: IQLT: approximately $11.83 million (approximately 3.7% of AUM)NYSEMKT: JMST: approximately $11.14 million (approximately 3.5% of AUM)NASDAQ: MSFT: approximately $9.27 million (approximately 2.9% of AUM)NYSEMKT: VTV: approximately $8.27 million (approximately 2.6% of AUM)As of April 23, 2026, shares of Strive Asset Management were priced at $16.20, up approximately 45.95% over the past year and outperforming the S&P 500 by approximately 13.72 percentage points. Company overviewMetricValuePrice (as of market close April 23, 2026)$16.20Market capitalization$1.101 billionRevenue (TTM)$5.73 millionNet income (TTM)$-412.25 millionCompany snapshotStrive Asset Management is an asset management firm specializing in Bitcoin-focused treasury operations, with a market capitalization of $1.34 billion and a share price of $16.20 as of April 23, 2026. The company benchmarks its performance on increasing Bitcoin per share, differentiating itself through a unique capital allocation model in the asset management sector. The company generates revenue by managing assets and prioritizes the increase of Bitcoin per share as its core performance benchmark. Its client base includes institutional and individual investors seeking exposure to innovative digital asset strategies within a traditional asset management framework. What this transaction means for investorsStrive differs from traditional asset managers, as it is evaluated by more than fee growth and assets under management. The company integrates asset management with a Bitcoin-focused capital allocation strategy, using Bitcoin per share as a key benchmark for capital deployment. As a result, the stock is highly sensitive to both Bitcoin prices and management’s financing decisions. While the asset management business remains important, investors will likely focus on whether Strive can increase Bitcoin exposure per share without excessive dilution or balance-sheet risk. Capital structure is therefore a central part of the investment case. For investors, Strive occupies a position between a financial services company and a Bitcoin-linked equity. Its performance may reflect crypto sentiment, but the key question is whether its capital allocation strategy creates value beyond holding Bitcoin. That makes it a different kind of public-market exposure than either a conventional asset manager or a spot Bitcoin fund. Eric Trie has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Microsoft, Strive Asset Management, Llc, and Vanguard Value ETF. The Motley Fool has a disclosure policy. |
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2026-04-27 08:00
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Strive Announces Bitcoin Buys & True North “Bitcoin for Business” Summit In Lake Oswego | FMP Stock News | |
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DALLAS, April 27, 2026 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST; SATA) (“Strive” or the “Company”) today announced the purchase of an additional ~789 Bitcoin, bringing its total holdings to ~14,557 Bitcoin. Additionally, Strive announced that True North, a research & media sub-brand of Strive, is bringing its corporate Bitcoin curriculum to Oregon.The after-work summit takes place in Lake Oswego on May 21, 2026. It’s built for CFOs, founders, treasurers, and business owners who seek a working grasp of how Bitcoin is reshaping corporate finance. Publicly traded companies now hold more than 1.15 million BTC on their balance sheets, worth roughly $85 billion. Bitcoin ETFs now hold 1.28 million BTC collectively, and we believe the largest corporate holder of Bitcoin has deployed $11.2 billion to acquire 142,000+ Bitcoin in 2026 alone, based on publicly available sources. “Bitcoin and adjacent securities are transforming how businesses manage their treasuries,” said Jeff Walton CEO of True North and Chief Risk Officer of Strive. “We aim to educate the business leaders of today, about the financial landscape of the future.” To learn more about the Bitcoin for Business event please visit https://tnorth.com/events/bitcoin-for-business-2026/. About Strive Strive is a structured finance company and institutional asset manager focused on disciplined capital allocation and long-term value creation. With Bitcoin as our hurdle rate for capital deployment, Strive is focused on increasing Bitcoin per share to outperform Bitcoin over the long run. Strive holds approximately 14,557 Bitcoin as of April 24, 2026. Strive Asset Management, LLC, a direct, wholly owned subsidiary of Strive and an SEC-registered investment adviser, manages over $2.7 billion in assets. Learn more at strive.com. Cautionary Statement Regarding Forward-Looking Statements Certain statements herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, express or implied statements regarding the outlook and expectations of Strive and its subsidiaries, the strategic benefits and financial benefits of the merger transaction with Semler Scientific, Inc. (the "merger transaction"), including the expected impact of the merger transaction on Strive’s future financial performance and the ability to successfully integrate the combined businesses, and Strive’s intentions with respect to adjusting the SATA Stock monthly regular dividend rate per annum. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgments of Strive and its respective management team about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements as a result of various important factors. Other risks, uncertainties and assumptions, including, among others, the following: the outcome of any legal proceedings that may be instituted against Strive or its subsidiaries;the possibility that the anticipated benefits of the merger transaction are not realized when expected or at all, including as a result of changes in, or problems arising from, implementation of Bitcoin treasury strategies and risks associated with Bitcoin and other digital assets, general economic and market conditions, interest and exchange rates, monetary policy, and laws and regulations and their enforcement;the diversion of management’s attention from ongoing business operations and opportunities;dilution caused by Strive’s issuance of additional shares of its Class A common stock or SATA Stock;potential adverse reactions of Strive’s clients and customers or changes to business or employee relationships, including those resulting from the completion of the merger transaction;other factors that may affect future results of Strive or the future trading performance of its Class A common stock or SATA Stock. These factors are not necessarily all of the factors that could cause Strive’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm Strive’s results. Although Strive believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that the actual results of Strive will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in Strive’s Annual Report on Form 10-K, for the fiscal year ended December 31, 2025 and other documents subsequently filed by Strive with the SEC. The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive or its businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements contained herein speak only as of the date hereof, and Strive undertakes no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. Strive Media Contact: [email protected] Investor Contact: [email protected] Source: Strive, Inc. |
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ASST Has a Strong Buy Rating and No Path to Profitability for 3 Years. Buy It Anyway? | FMP Stock News | |
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© 2024 Getty Images / Getty Images News via Getty ImagesWall Street’s math on Srive (NASDAQ:ASST) looks brutal on paper. The company posted $5.7 million in revenue against a net loss of $424.9 million over the past 12 months, with operating margins running at negative. And yet, despite a Q4 print that missed consensus massively, the stock carries a Strong Buy rating. The bullish call rests on 4 Buys, zero Holds, and zero Sells, an analyst target of $23.5 against a recent price near $15. The rating is less crazy than it sounds, though it might still be exactly that crazy. The Anti-BlackRock Pivot The ticker ASST used to belong to a tiny social media marketing outfit running Discord servers and TikTok promotions. Last September it reverse merged into Strive Enterprises, the asset manager founded by Vivek Ramaswamy to push “excellence capitalism” over ESG. Strive sells itself as the anti-BlackRock. The pitch is that fund managers should vote shares to maximize returns rather than advance political agendas. That is the public face. The actual business is something else. Strive runs roughly $2 billion in asset management AUM while operating, in practice, as a Bitcoin treasury company in the MicroStrategy (NASDAQ:MSTR | MSTR Price Prediction) mold. As of November 7, 2025, Strive held 7,525 BTC. After absorbing Semler Scientific (NASDAQ:SMLR) that quarter, the combined entity sat on over 10,900 BTC. The asset manager is the storefront. Bitcoin accumulation is the product. How the Strong Buy Math Works Analysts rating ASST are pricing Bitcoin per share and the financing machine that keeps the stack growing. In Q3 2025 Strive raised $762.6 million through PIPE financing and warrant exercises and put most of it into Bitcoin at a cost of $683 million. The SATA perpetual preferred stock, paying a 12% dividend, raised another $257.6 million across two tranches. The thesis is that as long as the equity trades above net asset value, Strive can keep issuing shares and preferred stock, buying more Bitcoin per dollar of dilution, and growing what management calls Bitcoin yield. Q4 2025 yield came in at 22%. The huge GAAP losses are mostly accounting noise. 93% of Q4 non-GAAP losses came from a $194.5 million mark-to-market write-down on Bitcoin holdings. Management’s 2026 guidance for the asset management business runs from a single-digit million-dollar loss to a single-digit million-dollar income, which is to say roughly breakeven on the boring part. Why The Stock Looks Like It Does Bitcoin trades near $77,900, down about 10% year to date and 16% over twelve months. ASST shares are up 35% over the past year and 46% in the last month alone. Beta sits at 17.4, which is not a typo. This is a leveraged bet on a single asset wearing an asset manager’s clothing. Reddit, predictably, loves it. Sentiment scores on r/wallstreetbets ran in the 76-84 range over the most recent weekend, sitting in the very bullish category. Ken Griffin’s Citadel showed up in 13G filings as a passive 8% beneficial owner, which retail traders read as institutional validation, even though Citadel discloses similar stakes across hundreds of names. The Tradeoffs You Are Actually Buying Three things matter if you are considering ASST. First, dilution. Operating cash flow is obviously negative. The strategy requires the equity to keep trading above NAV so the share issuance machine works. If the premium collapses, the model collapses with it. Second, this is a Bitcoin proxy with extra steps. You could buy a spot Bitcoin ETF and skip the operating losses, the SATA preferred dividend obligations, and the integration risk from Semler Scientific. The reason to own ASST instead is a belief that Strive can compound Bitcoin per share faster than Bitcoin itself, the same wager MicroStrategy holders have made for years. Third, the price-to-sales ratio of 192 is a number that exists because the denominator is essentially zero. Traditional valuation frameworks have nothing to say here. You are pricing optionality on Bitcoin and on Ramaswamy’s brand. Those things do not trade on a P/E. ASST fits a narrow slot for investors who want amplified Bitcoin exposure with a thematic anti-ESG flavor and accept the dilution treadmill that comes with it. The Strong Buy rating describes a thesis about Bitcoin accumulation. Anyone reading it as an endorsement of fundamentals has misunderstood the trade. |
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Strive, Inc. Announces Daily Dividends on SATA Stock and First Quarter 2026 Financial Results | FMP Stock News | |
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DALLAS, May 14, 2026 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST; SATA) (“Strive” or the “Company”) today announced that it will begin paying dividends on its Variable Rate Series A Perpetual Preferred Stock (the "SATA Stock") on a daily basis. This change will take effect on June 16, 2026, with dividends paid each business day to stockholders of record on the immediately preceding business day. Dividend, if and when declared, will be declared on a monthly basis for the following month's monthly dividend period. The Company's board of directors maintained the regular dividend rate per annum on the Company's SATA Stock at 13.00%, effective for the monthly periods commencing on or after May 16, 2026. The Company also announced its financial results for the first quarter ended March 31, 2026.Key Highlights: Acquired a total of 6,001 bitcoin during the first quarter ended March 31, 2026, including 5,048 bitcoin from the acquisition of Semler Scientific, Inc. and 953 bitcoin from open market purchases.Acquired an additional 1,381 bitcoin during the period from April 1, 2026 through May 12, 2026. Since Strive's announcement on May 4, 2026, Strive has acquired an additional 9 bitcoin, bringing our total bitcoin treasury to 15,009 bitcoin. Achieved a Bitcoin Yield of 11.1% in Q1 2026 and 4.6% QTD (as of May 12, 2026) in Q2 2026.Generated a Bitcoin Gain of ₿848 BTC in Q1 2026 and ₿621 QTD (as of May 12, 2026) in Q2 2026.Generated a Bitcoin $ Gain of $57.8 million in Q1 2026 and $50.1 million QTD (as of May 12, 2026) in Q2 2026.As of May 12, 2026, Strive's cash and cash equivalents totaled $87.6 million and our position in Variable Rate Series A Perpetual Preferred Stock of Strategy Inc. ("STRC Stock") had a fair value of $50.5 million. Strive had 63,211,995 and 9,870,636 shares of Class A common stock and Class B common stock, respectively, and 4,959,536 shares of SATA Stock outstanding as of May 12, 2026.During the period from April 1, 2026 to May 12, 2026, the Company repurchased the remaining balance of long-term notes payable, at fair value. As of May 12, 2026, the Company has no short or long-term debt outstanding.Consummated the acquisition of Semler Scientific, Inc. ("Semler Scientific") in an all-stock transaction, resulting in Strive acquiring the approximately 5,048 bitcoin held by Semler Scientific. Strive intends to monetize the business as it remains focused on its bitcoin accumulation strategy.On January 27, 2026, the Company completed a follow-on registered public offering of 1,320,000 shares of its SATA Stock at a price to the public of $90.00 per share, resulting in net proceeds of approximately $109.3 million, after deducting the underwriting discounts and commissions and the Company’s offering expenses. Strive utilized these proceeds, along with cash on hand, to retire the $20 million loan with Coinbase Credit Inc., which Strive assumed as part of the acquisition of Semler Scientific. Concurrent with the above public offering, Strive exchanged approximately 929,999 shares of SATA Stock, with a $93.0 million notional balance, for $90.0 million of the principal balance of the convertible notes assumed as part of the acquisition of Semler Scientific, representing 90.0% of the principal balance of the convertible debt principal balance assumed from Semler Scientific.GAAP net loss of $265.9 million, for the three months ended March 31, 2026. $295.8 million (96.6%) of the GAAP net loss was attributable to the fair market value decrease in bitcoin holdings.Non-GAAP adjusted net loss attributable to common stockholders1 of $319.7 million, or $5.19 per diluted common share1, for the three months ended March 31, 2026. $295.8 million (92.5%) of the $319.7 million non-GAAP adjusted net loss attributable to common stockholders was attributable to the fair market value decrease in bitcoin holdings and $13.7 million (7.5%) was attributable to other business operations. Non-GAAP adjusted net loss attributable to common stockholders subtracts non-recurring and non-cash items from GAAP net loss attributable to common stockholders. "SATA will be the first listed security in the history of U.S. capital markets to pay cash dividends every single Business Day, beginning June 16, 2026, at a current annualized rate of 13.00%. This is a true zero-to-one innovation," said Matthew Cole, Chairman & Chief Executive Officer of Strive, Inc. "Today, Strive stands debt-free, with zero margin requirements, and zero encumbered Bitcoin; a balance sheet purpose-built to thrive through Bitcoin volatility. We're thrilled to unveil the next chapter for Strive: The Daily Dividend Company." (1) Non-GAAP adjusted net loss, non-GAAP adjusted net loss attributable to common stockholders, and non-GAAP adjusted net loss per diluted common share are non-GAAP measures. See page 4 for reconciliations of these non-GAAP financial measures to the most comparable GAAP financial measures. STRIVE, INC. CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (in thousands, except share and per share data) March 31, 2026 December 31, 2025 (unaudited) (audited)Assets: Current assets: Cash and cash equivalents$95,092 $67,499 Investments in preferred equity, at fair value 50,510 — Prepaid expenses 2,590 2,708 Other current assets 2,787 1,569 Total current assets 150,979 71,776 Digital assets, at fair value 929,396 668,486 Property and equipment, net 872 778 Intangible assets, net 14,994 355 Right-of-use lease assets 3,932 4,037 Other non-current assets 96 95 Total assets$1,100,269 $745,527 Liabilities: Current liabilities: Compensation and benefits payable$3,667 $164 Accounts payable and other liabilities 4,881 8,560 Dividends payable 4,647 2,053 Total current liabilities 13,195 10,777 Long-term notes payable, at fair value 9,701 — Operating lease liabilities 3,416 3,512 Total liabilities 26,312 14,289 Mezzanine equity: Variable Rate Series A Preferred Stock, $0.001 par value; 20,000,000 shares authorized, 4,373,194 and 2,012,729 shares issued and outstanding, $437.3 million and $201.3 million redemption value and liquidation preference as of March 31, 2026 and December 31, 2025, respectively 359,174 148,802 Total mezzanine equity 359,174 148,802 Stockholders’ equity: Class A common stock, $0.001 par value; 22,200,000,000 shares authorized, 59,286,628 and 34,936,745 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 59 699 Class B common stock, $0.001 par value; 1,050,000,000 shares authorized, 9,872,157 and 9,776,540 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively 10 196 Additional paid-in capital 1,468,128 1,055,595 Accumulated deficit (753,414) (474,054)Total stockholders’ equity 714,783 582,436 Total liabilities, mezzanine equity, and stockholders' equity$1,100,269 $745,527 STRIVE, INC. CONSOLIDATED STATEMENTS OF OPERATIONS (in thousands, except share and per share data) (unaudited) Successor Predecessor Three Months Ended March 31, 2026 Three Months Ended March 31, 2025Revenues: Investment advisory fees$1,347 $1,416 Medical device revenues 1,370 — Other revenue 43 7 Total revenues 2,760 1,423 Operating expenses: Fund management and administration 1,424 1,411 Employee compensation and benefits 13,053 2,066 General and administrative expense 5,938 1,906 Marketing and advertising 116 61 Depreciation and amortization 90 52 Total operating expenses 20,621 5,496 Investment gains/(losses): Net unrealized loss on digital assets, at fair value (295,778) — Net unrealized gain on investments in preferred equity, at fair value 490 — Total investment gains/(losses), net (295,288) — Net operating loss (313,149) (4,073) Other income/(expense): Other income 526 324 Interest expense on long-term notes payable, at fair value (242) — Change in fair value on long-term notes payable, at fair value (2,165) — Loss on extinguishment of debt (8,461) — Loss on change in fair value of bitcoin held as collateral under Coinbase Loan (2,594) — Transaction costs (6,525) — Bargain purchase gain 66,704 — Total other income, net 47,243 324 Net loss before income taxes (265,906) (3,749)Income tax benefit/(expense) — — Net loss$(265,906) $(3,749)Dividends on preferred stock (13,454) — Net loss attributable to common stockholders$(279,360) $(3,749) Weighted average number of common shares outstanding: Basic(1) 61,630,003 2,275,940 Diluted(1) 61,630,003 2,275,940 Net loss per common share: Basic(1)$(4.53) $(1.65)Diluted(1)$(4.53) $(1.65) (1) Basic and diluted earnings per common share for Class A and Class B common stock are the same. Non-GAAP Financial Measures This press release contains certain non-GAAP financial measures, consisting of non-GAAP adjusted net income (loss), non-GAAP adjusted net income (loss) attributable to common stockholders and non-GAAP adjusted net income (loss) attributable to common stockholders per diluted common share. Non-GAAP financial measures are subject to material limitations as they are not measurements prepared in accordance with GAAP and are not a substitute for such measurements. Our non-GAAP financial measures are not meant to be considered in isolation and should be read only in conjunction with our consolidated financial statements, which have been prepared in accordance with GAAP. We rely primarily on such consolidated financial statements to understand, manage, and evaluate our business performance and use the non-GAAP financial measures as supplemental information. Reconciliations of reported GAAP historic measures to adjusted non-GAAP measures are included in the financial schedules contained in this press release. Non-GAAP adjusted net income (loss) Non-GAAP adjusted net income (loss), non-GAAP adjusted net income (loss) attributable to common stockholders, and the related non-GAAP adjusted net income (loss) per diluted common share excludes the impact of (i) share-based compensation expense, (ii) depreciation and amortization, (iii) change in fair value on long-term notes payable, at fair value, (iv) loss on extinguishment of debt, (v) loss on change in fair value of bitcoin held as collateral under Coinbase Loan, (vi) transaction costs, and (vii) bargain purchase gain. We believe these measures offer management and investors insight as they exclude significant non-cash and/or non-recurring items. The following provides GAAP measures of net loss, net loss attributable to common stockholders, and net loss per diluted common share and the details with respect to reconciling the line items to non-GAAP adjusted net income (loss), non-GAAP adjusted net income (loss) attributable to common stockholders, and non-GAAP adjusted net income (loss) per diluted common share (all amounts in thousands, other than share and per share information): Successor Predecessor Three Months Ended March 31, 2026 Three Months Ended March 31, 2025Net loss$(265,906) $(3,749)Share-based compensation expense 6,529 — Depreciation and amortization 90 52 Change in fair value on long-term notes payable, at fair value 2,165 — Loss on extinguishment of debt 8,461 — Loss on change in fair value of bitcoin held as collateral under Coinbase Loan 2,594 — Transaction costs 6,525 — Bargain purchase gain (66,704) — Non-GAAP adjusted net income (loss)$(306,246) $(3,697)Dividends on preferred stock (13,454) — Non-GAAP adjusted net loss attributable to common stockholders$(319,700) $(3,697) Weighted average number of diluted common shares outstanding 61,630,003 2,275,940 Net loss per diluted common share$(4.53) $(1.65)Non-GAAP adjusted net loss per diluted common share$(5.19) $(1.62) Important Information About Other Metrics Bitcoin Yield is a metric that represents the percentage change in bitcoin per share from the beginning of a period to the end of a period. Bitcoin Gain is a metric that represents the number of bitcoin held by the Company at the beginning of a period multiplied by the Bitcoin Yield for such period. Bitcoin $ Gain is a metric that represents the dollar value of the Bitcoin Gain calculated by multiplying the Bitcoin Gain by the market price of bitcoin. For determining Bitcoin $ Gain, unless otherwise specified, the Company uses the current market price of bitcoin. For determining Bitcoin $ Gain for a past fiscal year or other past period, the Company uses the market price of bitcoin as of 4:00pm ET as reported on the Coinbase exchange on the last day of the applicable period. The Company uses these market prices of bitcoin for this calculation solely for the purpose of facilitating this illustrative calculation. The Company uses Bitcoin Yield, Bitcoin Gain and Bitcoin $ Gain as metrics to help assess the performance of its strategy of acquiring bitcoin in a manner the Company believes is accretive to stockholders. The Company believes these metrics can supplement investors’ understanding of how the Company chooses to fund bitcoin purchases and the value created in a period by: in the case of Bitcoin Yield, measuring the percentage change in bitcoin per share from the beginning of a period to the end of a period, which helps investors assess how the Company’s achievement of its strategy of acquiring bitcoin in an accretive manner varies across periods;in the case of Bitcoin Gain, hypothetically expressing the percentage change reflected in the Bitcoin Yield metric as if it reflected an increase in the amount of bitcoin held at the end of the applicable period as compared to the beginning of such period, which provides investors with visibility into the absolute change in the Company’s bitcoin holdings resulting from its Bitcoin Yield; andin the case of Bitcoin $ Gain, further expressing that change as an illustrative dollar value by multiplying that bitcoin-denominated change by the market price of bitcoin at the end of the applicable period as described above. When the Company uses these metrics, management takes into account the various limitations of these metrics, including that they do not take into account that our assets, including our bitcoin, are subject to (i) all of our existing and future liabilities, including our debt, and (ii) the preferential rights of our preferred stockholders to dividends and our assets in a liquidation, and that all such claims rank senior to those of our common equity; and Bitcoin Yield, Bitcoin Gain and Bitcoin $ Gain are not, and should not be understood as, financial performance, valuation or liquidity measures. Specifically: Bitcoin Yield is not equivalent to “yield” in the traditional financial context. It is not a measure of the return on investment the Company’s stockholders may have achieved historically or can achieve in the future by purchasing stock of the Company, or a measure of income generated by the Company’s operations or its bitcoin holdings, return on investment on its bitcoin holdings, or any other similar financial measure of the performance of its business or assets.Bitcoin Gain and Bitcoin $ Gain are not equivalent to “gain” in the traditional financial context. They also are not measures of the return on investment the Company’s stockholders may have achieved historically or can achieve in the future by purchasing stock of the Company, or measures of income generated by the Company’s operations or its bitcoin holdings, return on investment on its bitcoin holdings, or any other similar financial measure of the performance of its business or assets. It should also be understood that Bitcoin $ Gain does not represent a fair value gain of the Company’s bitcoin holdings, and Bitcoin $ Gain may be positive during periods when the Company has incurred fair value losses on its bitcoin holdings. The trading price of the Company’s Class A common stock is informed by numerous factors in addition to Company’s bitcoin holdings and its actual or potential shares of Class A common stock outstanding, and as a result, the trading price of the Company’s securities can deviate significantly from the market value of the Company’s bitcoin, and none of Bitcoin Yield, Bitcoin Gain or Bitcoin $ Gain are indicative or predictive of the trading price of the Company’s securities. Investors should rely on the financial statements and other disclosures contained in the Company’s SEC filings. In particular, the Company has adopted Accounting Standards Update No. 2023-08, Intangibles-Goodwill and Other-Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets (“ASU 2023-08”), which requires that the Company measure its bitcoin at fair value in its statement of financial position as of the end of a reported period, and recognize gains losses from changes in the fair value in net income (loss) for the reported period. As a result, we may incur unrealized gain or loss on digital assets based on changes in the market price of bitcoin during a period, which would not be reflected in Bitcoin Yield, Bitcoin Gain or Bitcoin $ Gain. As noted above, these metrics are narrow in their purpose and are used by management to assist it in assessing whether the Company is raising and deploying capital in a manner accretive to stockholders solely as it pertains to its bitcoin holdings. In calculating these metrics, the Company does not consider the source of capital used for the acquisition of its bitcoin. When the Company purchases bitcoin using proceeds from offerings of redeemable preferred stock, such transactions have the effect of increasing the Bitcoin Yield, Bitcoin Gain and Bitcoin $ Gain, while also increasing the Company’s senior claims of holders of instruments other than Class A common stock with respect to dividends and to the Company’s assets, including its bitcoin, in a manner that is not reflected in these metrics. If any of the Company’s convertible notes mature or are redeemed without being converted into common stock, or if the Company elects to redeem or repurchase its non-convertible instruments, the Company may be required to sell shares of its Class A common stock or bitcoin to generate sufficient cash proceeds to satisfy those obligations, either of which would have the effect of decreasing Bitcoin Yield, Bitcoin Gain and Bitcoin $ Gain, and adjustments for such decreases are not contemplated by the assumptions made in calculating these metrics. Accordingly, these metrics might overstate or understate the accretive nature of the Company’s use of capital to buy bitcoin because not all bitcoin is purchased using proceeds of issuances of Class A common stock, and not all proceeds from issuances of Class A common stock are used to purchase bitcoin. In addition, we are required to pay dividends with respect to our perpetual preferred stock in perpetuity. The Company has historically not paid any dividends on its shares of Class A common stock, and by presenting these metrics the Company makes no suggestion that it intends to do so in the future. Ownership of the Company’s securities, including its Class A common stock and preferred stock, does not represent an ownership interest in, or a redemption right with respect to, the bitcoin the Company holds. The Company’s ability to achieve positive Bitcoin Yield, Bitcoin Gain, or Bitcoin $ Gain may depend on a variety of factors, including factors outside of its control, such as the price of bitcoin, and the availability of debt and equity financing on favorable terms. Past performance is not indicative of future results. These metrics are merely supplements, not substitutes to the financial statements and other disclosures contained in the Company’s SEC filings. They should be used only by sophisticated investors who understand their limited purpose and many limitations. About Strive Strive is a structured finance company and institutional asset manager focused on disciplined capital allocation and long-term value creation. With bitcoin as our hurdle rate for capital deployment, Strive is focused on increasing bitcoin per share to outperform bitcoin over the long run. Strive Asset Management, LLC, a direct, wholly owned subsidiary of Strive and an SEC-registered investment adviser, manages over $2.7 billion in assets. Learn more at strive.com. Cautionary Statement Regarding Forward-Looking Statements Certain statements herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, express or implied statements regarding the outlook and expectations of Strive and its subsidiaries, the strategic benefits and financial benefits of the merger transaction with Semler Scientific, Inc. (the "merger transaction"), including the expected impact of the merger transaction on Strive’s future financial performance and the ability to successfully integrate the combined businesses, and Strive’s intentions with respect to adjusting the SATA Stock monthly regular dividend rate per annum. Such statements are often characterized by the use of qualified words (and their derivatives) such as “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “project,” “predict,” “potential,” “assume,” “forecast,” “target,” “budget,” “outlook,” “trend,” “guidance,” “objective,” “goal,” “strategy,” “opportunity,” and “intend,” as well as words of similar meaning or other statements concerning opinions or judgments of Strive and its respective management team about future events. Forward-looking statements are based on assumptions as of the time they are made and are subject to risks, uncertainties and other factors that are difficult to predict with regard to timing, extent, likelihood and degree of occurrence, which could cause actual results to differ materially from anticipated results expressed or implied by such forward-looking statements as a result of various important factors. Other risks, uncertainties and assumptions, including, among others, the following: the outcome of any legal proceedings that may be instituted against Strive or its subsidiaries;the possibility that the anticipated benefits of the merger transaction are not realized when expected or at all, including as a result of changes in, or problems arising from, implementation of Bitcoin treasury strategies and risks associated with Bitcoin and other digital assets, general economic and market conditions, interest and exchange rates, monetary policy, and laws and regulations and their enforcement;the diversion of management’s attention from ongoing business operations and opportunities;dilution caused by Strive’s issuance of additional shares of its Class A common stock or SATA Stock;potential adverse reactions of Strive’s clients and customers or changes to business or employee relationships, including those resulting from the completion of the merger transaction;other factors that may affect future results of Strive or the future trading performance of its Class A common stock or SATA Stock. These factors are not necessarily all of the factors that could cause Strive’s actual results, performance or achievements to differ materially from those expressed in or implied by any of the forward-looking statements. Other factors, including unknown or unpredictable factors, also could harm Strive’s results. Although Strive believes that its expectations with respect to forward-looking statements are based upon reasonable assumptions within the bounds of its existing knowledge of its business and operations, there can be no assurance that the actual results of Strive will not differ materially from any projected future results expressed or implied by such forward-looking statements. Additional factors that could cause results to differ materially from those described above can be found in Strive’s Annual Report on Form 10-K, for the fiscal year ended December 31, 2025 and other documents subsequently filed by Strive with the SEC. The actual results anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on Strive or its businesses or operations. Investors are cautioned not to rely too heavily on any such forward-looking statements. Forward-looking statements contained herein speak only as of the date hereof, and Strive undertakes no obligation to update or clarify these forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. Strive Media Contact: [email protected] Investor Contact: [email protected] |
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2026-06-11 14:11
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2026-05-19 10:55
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Wall Street Analysts See a 47.75% Upside in Strive, Inc. (ASST): Can the Stock Really Move This High? | FMP Stock News | |
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Shares of Strive, Inc. (ASST - Free Report) have gained 1.1% over the past four weeks to close the last trading session at $15.79, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $23.33 indicates a potential upside of 47.8%.The average comprises three short-term price targets ranging from a low of $20.00 to a high of $30.00, with a standard deviation of $5.77. While the lowest estimate indicates an increase of 26.7% from the current price level, the most optimistic estimate points to a 90% upside. More than the range, one should note the standard deviation here, as it helps understand the variability of the estimates. The smaller the standard deviation, the greater the agreement among analysts. While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. But, for ASST, an impressive average price target is not the only indicator of a potential upside. Strong agreement among analysts about the company's ability to report better earnings than they predicted earlier strengthens this view. While a positive trend in earnings estimate revisions doesn't gauge how much a stock could gain, it has proven to be powerful in predicting an upside. Price, Consensus and EPS Surprise Here's What You Should Know About Analysts' Price TargetsAccording to researchers at several universities across the globe, a price target is one of many pieces of information about a stock that misleads investors far more often than it guides. In fact, empirical research shows that price targets set by several analysts, irrespective of the extent of agreement, rarely indicate where the price of a stock could actually be heading. While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why? They usually do that to drum up interest in shares of companies that their firms either have existing business relationships with or are looking to be associated with. In other words, business incentives of firms covering a stock often result in inflated price targets set by analysts. However, a tight clustering of price targets, which is represented by a low standard deviation, indicates that analysts have a high degree of agreement about the direction and magnitude of a stock's price movement. While that doesn't necessarily mean the stock will hit the average price target, it could be a good starting point for further research aimed at identifying the potential fundamental driving forces. That said, while investors should not entirely ignore price targets, making an investment decision solely based on them could lead to disappointing ROI. So, price targets should always be treated with a high degree of skepticism. Why ASST Could Witness a Solid UpsideAnalysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revising EPS estimates higher, could be a legitimate reason to expect an upside in the stock. That's because empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. The Zacks Consensus Estimate for the current year has increased 61.9% over the past month, as one estimate has gone higher compared to no negative revision. Moreover, ASST currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on four factors related to earnings estimates. Given an impressive externally-audited track record, this is a more conclusive indication of the stock's potential upside in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Therefore, while the consensus price target may not be a reliable indicator of how much ASST could gain, the direction of price movement it implies does appear to be a good guide. |
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2026-06-11 14:11
1mo ago
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2026-05-20 10:55
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Here's Why Strive, Inc. (ASST) Is a Great 'Buy the Bottom' Stock Now | FMP Stock News | |
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A downtrend has been apparent in Strive, Inc. (ASST - Free Report) lately. While the stock has lost 5.3% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about the future earnings of this company is a solid fundamental factor that enhances the prospects of a trend reversal for the stock. What is a Hammer Chart and How to Trade It?This is one of the popular price patterns in candlestick charting. A minor difference between the opening and closing prices forms a small candle body, and a higher difference between the low of the day and the open or close forms a long lower wick (or vertical line). The length of the lower wick being at least twice the length of the real body, the candle resembles a 'hammer.' In simple terms, during a downtrend, with bears having absolute control, a stock usually opens lower compared to the previous day's close, and again closes lower. On the day the hammer pattern is formed, maintaining the downtrend, the stock makes a new low. However, after eventually finding support at the low of the day, some amount of buying interest emerges, pushing the stock up to close the session near or slightly above its opening price. When it occurs at the bottom of a downtrend, this pattern signals that the bears might have lost control over the price. And, the success of bulls in stopping the price from falling further indicates a potential trend reversal. Hammer candles can occur on any timeframe -- such as one-minute, daily, weekly -- and are utilized by both short-term as well as long-term investors. Like every technical indicator, the hammer chart pattern has its limitations. Particularly, as the strength of a hammer depends on its placement on the chart, it should always be used in conjunction with other bullish indicators. Here's What Makes the Trend Reversal More Likely for ASSTThere has been an upward trend in earnings estimate revisions for ASST lately, which can certainly be considered a bullish indicator on the fundamental side. That's because a positive trend in earnings estimate revisions usually translates into price appreciation in the near term. The consensus EPS estimate for the current year has increased 61.9% over the last 30 days. This means that the Wall Street analysts covering ASST are majorly in agreement about the company's potential to report better earnings than what they predicted earlier. If this is not enough, you should note that ASST currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. And stocks carrying a Zacks Rank #1 or 2 usually outperform the market. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . Moreover, the Zacks Rank has proven to be an excellent timing indicator, helping investors identify precisely when a company's prospects are beginning to improve. So, for the shares of Strive, Inc., a Zacks Rank of 2 is a more conclusive fundamental indication of a potential turnaround. |
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2026-06-11 14:11
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2026-06-04 06:14
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SATA: 13% Yield Preferred Stock Paying Daily Dividends | FMP Stock News | |
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SATA offers a 13% annual dividend and trades below par, presenting an attractive yield opportunity. SATA benefits from strong asset coverage—about 1.9x—backed primarily by Strive's significant Bitcoin holdings and cash reserves, with no debt senior to SATA. The daily dividend payment structure enhances cash flow and security for investors, while cumulative and penalty-compounding features provide robust dividend protections. |
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