Strive (ASST) acquired 1,109 bitcoin last week, boosting its total holdings to 16,500 BTC and cementing its position among the largest publicly traded corporate holders.
Strive, Inc. added 382 Bitcoin for $30.3 million, pushing its treasury to 15,391 BTC as it continues an aggressive, equity-funded accumulation strategy tied to shareholder Bitcoin exposure growth.
Strive, Inc. (Nasdaq: ASST) said Monday its Bitcoin treasury has topped 15,000 BTC after it acquired 444 bitcoin for $33.9 million at an average price of $76,307 per coin.
Strive said it raised the dividend rate on its SATA preferred stock to 12.75%, narrowed the trading range guidance, and added 179 bitcoin to its balance sheet.
Investment bank B. Riley assigned Strategy Inc. (NASDAQ:MSTR) and Strive, Inc. (NASDAQ:ASST) Buy ratings and price targets of $175 and $12, respectively.