Strive (NASDAQ:ASST) Stock Price Up 5.8% – Still a Buy?

21 Oct 2026, 09:41 by Mitch Edgeman · The Markets Daily

Strive, Inc. (NASDAQ:ASST – Get Free Report) shares shot up 5.8% on Monday. The stock traded as high as $25.64 and last traded at $25.4960. Approximately 1,749,912 shares were traded during mid-day trading, a decline of 68% from the average daily volume of 5,423,879 shares. The stock had previously closed at $24.09.

Trending Headlines about Strive

Here are the key news stories impacting Strive this week:

Positive Sentiment: Strive closed an upsized IPO of 7 million shares of its 15% Series A Perpetual SATS Preferred Stock at $90 per share, raising approximately $630 million. The new SATS shares began trading on Nasdaq under the ticker SATS, providing Strive with substantial capital for its Bitcoin strategy. Strive Announces Nasdaq Listing of SATS and Closing of Upsized Initial Public Offering
Positive Sentiment: The proceeds are intended to support additional Bitcoin purchases, reinforcing Strive’s positioning as a Bitcoin treasury company and potentially increasing its exposure to gains in the cryptocurrency. Strive lists 15% SATS preferred, raising $630M to chase No. 2 bitcoin spot
Positive Sentiment: Reports said Strive surpassed Marathon Digital (MARA) in Bitcoin holdings, an accomplishment that may improve its visibility among investors seeking publicly traded Bitcoin exposure. Strive stock jumps as it passes MARA in Bitcoin holdings
Positive Sentiment: Strive reportedly purchased approximately $335 million of Bitcoin using proceeds from a $369 million warrant-related windfall, demonstrating rapid deployment of capital into its stated treasury strategy. Strive buys $335M in Bitcoin after $369M warrant windfall
Negative Sentiment: The SATS securities carry a costly 15% dividend, creating a significant ongoing financing obligation. Strive’s stock also remains highly sensitive to Bitcoin prices, while issuing new securities may increase the company’s financial complexity and risk if Bitcoin declines. Bitcoin Treasury Strive Debuts New Preferred Stock With 15% Dividend

Wall Street Analyst Weigh In

A number of research firms recently issued reports on ASST. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Strive in a research note on Monday, October 12th. Maxim Group set a $37.00 price objective on shares of Strive and gave the stock a “buy” rating in a research note on Monday, October 12th. HC Wainwright reduced their target price on shares of Strive from $37.00 to $36.00 and set a “buy” rating on the stock in a report on Tuesday, August 11th. B. Riley Financial boosted their target price on shares of Strive from $26.00 to $33.00 and gave the stock a “buy” rating in a report on Tuesday, September 22nd. Finally, TD Cowen restated a “buy” rating on shares of Strive in a research report on Monday, September 21st. Five research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $33.20.

View Our Latest Stock Report on ASST

Strive Stock Up 6.0%

The firm has a 50 day moving average price of $24.93 and a 200-day moving average price of $17.83.

Strive (NASDAQ:ASST – Get Free Report) last released its quarterly earnings results on Monday, August 10th. The company reported ($3.65) earnings per share for the quarter, missing the consensus estimate of ($0.95) by ($2.70). Strive had a negative net margin of 10,957.22% and a negative return on equity of 141.47%. The company had revenue of $2.94 million for the quarter, compared to analysts’ expectations of $3.02 million. On average, sell-side analysts predict that Strive, Inc. will post 1.17 earnings per share for the current fiscal year.

Insider Transactions at Strive

In related news, Director James Lavish sold 6,000 shares of Strive stock in a transaction dated Monday, October 5th. The shares were sold at an average price of $30.75, for a total transaction of $184,500.00. Following the completion of the transaction, the director directly owned 8,815 shares of the company’s stock, valued at approximately $271,061.25. The trade was a 40.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Brian Beirne sold 20,077 shares of Strive stock in a transaction dated Monday, October 5th. The stock was sold at an average price of $31.33, for a total transaction of $629,012.41. Following the transaction, the insider directly owned 41,425 shares of the company’s stock, valued at approximately $1,297,845.25. This represents a 32.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last ninety days, insiders have sold 101,409 shares of company stock worth $3,166,897. 2.71% of the stock is currently owned by insiders.

Institutional Trading of Strive

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. State Street Corp bought a new stake in shares of Strive during the second quarter worth $16,395,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Strive during the second quarter valued at $179,000. Squarepoint Ops LLC bought a new position in shares of Strive in the second quarter worth about $1,394,000. Allworth Financial LP bought a new position in shares of Strive in the second quarter worth about $66,000. Finally, Corient Private Wealth LP bought a new position in shares of Strive in the second quarter worth about $448,000. 5.52% of the stock is owned by hedge funds and other institutional investors.

About Strive

(Get Free Report)

Strive, Inc is an asset management and financial services company focused on providing investment products and strategies designed to prioritize long-term shareholder value. The company offers exchange-traded funds, separately managed accounts and other investment solutions for individuals and institutions.

Strive’s investment approach emphasizes corporate governance, energy security, domestic economic growth and what it describes as shareholder-focused capitalism. Its products are intended to give investors exposure to selected sectors, industries and broader investment themes through professionally managed portfolios.

The company was founded in 2022 by Vivek Ramaswamy.