Strive, Inc. is a privately owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investme...
ASST.US opened higher in regular trading but quickly reversed, peaking at $12.93 before falling to $12.795, a decline of about 1.04%, erasing pre-market gains. The company's Q1 2026 revenue surged 93.96% YoY to $2.76 million, but net loss expanded to $279.36 million, with EPS of -$4.5329, down 174.72% YoY, and ROE of -172.28%, indicating deteriorating profitability. Despite initial upward momentum pushing the price to $12.93, intraday selling pressure stemmed from the widening loss fundamentals. At $12.795, the stock sits 35.22% below its 52-week high of $19.75 and below the 60-day moving average of $14.84, though it remains over 2,500% above the 52-week low of $0.4861, with a YTD gain of 1,379.88%, suggesting a pullback after an extended rally.
ASST.US closed up 3.96% at $12.33 on July 20, hitting an intraday high of $12.66, driven by continued news of the company increasing its bitcoin holdings. The stock opened lower in pre-market trading at $11.86, then steadily rose during regular hours, with a daily range of approximately 5.8%. Recently, the firm has repeatedly added to its bitcoin position; CEO Matt Cole stated that the company holds 19,864 BTC and $141.7 million in cash, reiterating a $100 target price for SATA preferred shares. While Q1 revenue surged 93.96% YoY to $2.76 million, net loss widened to $279.36 million, with EPS of -$4.53 and ROE falling to -172.28%. The stock remains 37.57% below its 52-week high of $19.75, yet has gained 1,326.09% year-to-date and is trading near its 20-day MA of $12.38, though still below the 60-day MA of $14.90.
Strive fell 4.6% during the regular session to close at $12.035, extending losses from the pre-market high of $12.635, as the company's Q1 earnings miss weighed heavily. Revenue surged 94% YoY to $2.76 million, but net loss widened to $279.36 million, resulting in an EPS of -$4.53, far worse than the prior year, dragging the stock to an intraday low of $11.920. The stock now trades below its 20-day moving average of $12.702 and is 39% off its 52-week high of $19.75, though still up 1,292% year-to-date. A slight after-market rebound to $12.560 offered some relief.
Strive Inc. shares rallied sharply in regular trading, reaching $13.031 by 10:06 ET, up approximately 5.0% from the prior close of $12.410, driven by sustained buying in pre-market and regular sessions. The stock opened at $12.840 and climbed steadily to a session high of $13.031, forming a single-session uptrend, with regular volume of 355,552 shares reflecting active trading. The company's market capitalization stands at about $901 million, with a price-to-book ratio of 1.26x and a negative P/E ratio, indicating a lack of profitability. However, the stock remains 34.02% below its 52-week high of $19.75, while the YTD gain of over 1,407% has pushed it well above its 20-day moving average of $12.911, suggesting significant recent momentum.
Strive Inc. (ASST.US) experienced a rally-and-retreat session, rising to an intraday high of $12.47 in pre-market trading before opening sharply lower to close the regular session at $12.15, up 2.7% from the prior close of $11.83 but still 38.5% below its 52-week high of $19.75. The move was driven by news that CEO Matt Cole disclosed the firm purchased 18 Bitcoin, bringing total holdings to nearly 19,864 BTC and cash reserves above $141.7 million. However, sentiment was tempered by broader Bitcoin miner weakness and continued heavy losses: Q1 revenue grew 94% YoY to $2.76 million, but net loss widened to $279.4 million, resulting in a diluted EPS of -$4.53. The stock currently trades below both its 20-day moving average ($13.08) and 60-day moving average ($15.14), though year-to-date gains remain at 1,305%.
Strive (NASDAQ:ASST) Price Target Lowered to $28.00 at TD Cowen
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$Soluna(SLNH.US) is a shtco like $Bakkt(BKKT.US), $Strive(ASST.US), and $IREN(IREN.US).
That is actively diluting everyone with a $500M ATM.Not sure why anyone even listens to a guy who has consistently crashed retail portfolios over and over.I’m going to watch them raise $500M off retail bagholders that get diluted to $0.Then say “we have $500m on our balance sheets, MC should be higher” and award themselves SBC off the ATM. They’re all absolutely terrible longs.Source: Serenity
