Strive (ASST) Stock Gains Ground Following $50M Investment in Strategy’s STRC Instrument

TLDR

• Strive (ASST) deployed $50 million — representing over a third of its treasury reserves — into Strategy’s (MSTR) STRC perpetual preferred offering, which delivers an 11.5% yield
• The company purchased another 179 Bitcoin, expanding total reserves to 13,311 BTC (approximately $930 million in value)
• Strive increased its SATA preferred stock dividend by 25 basis points, now at 12.75%
• ASST shares gained 2.2% Wednesday as Bitcoin recovered above the $70,000 threshold
• The stock has declined over 90% from its summer 2025 highs and recently underwent a 1:20 reverse split

Strive (ASST) executed multiple strategic treasury operations Wednesday, deploying $50 million into Strategy’s (MSTR) STRC Variable Rate Series A Perpetual Preferred Stock.

Strive, Inc., ASST

This $50 million deployment accounts for more than a third of Strive’s available corporate treasury.

STRC delivers an 11.5% yield at present. Strategy disclosed that the security achieved $409 million in daily trading volume Tuesday — establishing a new record — while its 30-day volatility dropped to just 3%, marking its most stable period.

Strive CEO Matt Cole explained that the firm maintains USD reserves for dividend payments and operating expenses. Instead of parking those funds in conventional money market accounts with minimal returns, Cole indicated the decision to deploy capital into vehicles like STRC that provide enhanced yields alongside price stability was strategic.

Strategy CEO Phong Le noted that additional institutions have incorporated STRC into their treasury holdings, naming Prevalon Energy, Anchorage Digital, and OranjeBTC among them.

Bitcoin Holdings Expand and Dividend Gets Lifted

In addition to the STRC deployment, Strive acquired another 179 Bitcoin, pushing total reserves to 13,311 BTC. Based on current market prices, this position values around $930 million.

Strive simultaneously lifted the dividend on its proprietary perpetual preferred instrument, SATA, adding 25 basis points for a new rate of 12.75%. SATA advanced 1.4% during the session, though it continues trading beneath par value at $96.22.

These developments coincided with Bitcoin’s recovery above $70,000 Wednesday, providing momentum to ASST shares, which advanced 2.2% in morning activity.

Strive’s financial position reflects more cash than outstanding debt, posting a current ratio of 11.97. Shares were changing hands at $8.98, establishing a market capitalization of $566 million.

Challenging Performance Since Debut

Strive entered the market in 2025 among numerous firms attempting to mirror the Bitcoin treasury approach pioneered by Michael Saylor’s Strategy. Results have been challenging.

ASST has surrendered more than 90% of its value from summer 2025 peaks.

Management executed a 1:20 reverse stock split to maintain the share price above the $1 threshold.

Recently, Strive closed a $225 million preferred stock offering and applied a portion of those funds to eliminate $110 million in debt stemming from its Semler Scientific acquisition. The outstanding $10 million debt balance is scheduled for resolution by April 2026.

That acquisition positioned Strive as the 11th largest publicly-traded corporate Bitcoin holder worldwide at that time, with roughly 12,797 BTC.

B.Riley launched coverage on Strive with a Buy recommendation and established a $12.00 price objective.

Strive’s operating subsidiary, Strive Asset Management LLC, oversees more than $2.5 billion in managed assets.

The company’s board authorized a cash dividend of $1.0208 per share on its Variable Rate Series A Perpetual Preferred Stock.

ASST was quoted at $8.98 at publication time, advancing 2.2% for the session.

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