Strive (ASST) Target Jumps 27% to $56 on BTC Buying
Strive bought roughly 7,600 BTC in two weeks, blowing past TD Cowen's full-quarter forecast. The preferred-stock raise now funds more bitcoin accumulation without adding common shares.
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Strive bought roughly 7,600 BTC in two weeks, blowing past TD Cowen's full-quarter forecast. The preferred-stock raise now funds more bitcoin accumulation without adding common shares.
The math: Strive needs 1,200 BTC per week for the 17 weeks left in 2026 to overtake Twenty One Capital, and $700M in mid-October ASST warrants give the company the dry powder to do it.
Strive's latest $50M buy lifts its treasury within striking distance of 20,000 BTC, with the stock's 10% pop showing the market still rewards aggressive accumulation at scale.
Strive's $185M add lands a day after Strategy disclosed its first publicized BTC sale in years — the divergence between the second-largest treasury buyer and the largest turning net seller is the…
The 1,109-coin buy at ~$76,989 lifts total holdings to 16,500 BTC and a top-10 corporate ranking — and the ATM refresh on common and SATA preferred keeps the buying window open.