Key Points
- CEO bought 500,000 shares of Strive (ASST) at an average price of $0.92 on Jan. 13 for $460,000, increasing his holdings to 763,012 shares (a ~190% bump), according to an SEC filing.
- The insider purchase coincides with Strive's approved acquisition of Semler, which adds ~5,048 BTC and brings the combined corporate bitcoin treasury near ~13,000 BTC, a move that has spurred heavy trading and debate over dilution and valuation.
- Shares have been volatile (beta ~16.86) and were up ~6.2% intraday; analysts’ consensus is a "Hold" with an average $1.50 price target, while the company reported a recent quarterly loss (‑$0.22 EPS) on $1.54M revenue.
Strive, Inc. (NASDAQ:ASST - Get Free Report) CEO Matthew Ryan Cole bought 500,000 shares of Strive stock in a transaction dated Tuesday, January 13th. The shares were bought at an average cost of $0.92 per share, for a total transaction of $460,000.00. Following the completion of the acquisition, the chief executive officer owned 763,012 shares in the company, valued at $701,971.04. This represents a 190.11% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Matthew Ryan Cole also recently made the following trade(s):
- On Monday, December 15th, Matthew Ryan Cole purchased 248,999 shares of Strive stock. The stock was bought at an average cost of $0.80 per share, with a total value of $199,199.20.
- On Monday, December 15th, Matthew Ryan Cole acquired 207,457 shares of Strive stock. The shares were purchased at an average cost of $0.82 per share, with a total value of $170,114.74.
Strive Stock Up 6.2%
ASST stock opened at $1.03 on Thursday. The company's 50-day moving average price is $1.01 and its two-hundred day moving average price is $2.84. The firm has a market cap of $839.94 million, a P/E ratio of -3.43 and a beta of 16.86. Strive, Inc. has a 12 month low of $0.39 and a 12 month high of $13.42.
Strive (NASDAQ:ASST - Get Free Report) last issued its quarterly earnings results on Friday, November 14th. The company reported ($0.22) earnings per share for the quarter. The firm had revenue of $1.54 million for the quarter.
Wall Street Analyst Weigh In
Several analysts recently weighed in on ASST shares. Weiss Ratings restated a "sell (e-)" rating on shares of Strive in a research report on Monday, December 29th. Maxim Group set a $1.50 target price on shares of Strive and gave the stock a "buy" rating in a report on Wednesday, December 10th. Finally, Wall Street Zen upgraded shares of Strive from a "sell" rating to a "hold" rating in a research note on Saturday, December 13th. One investment analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $1.50.
Read Our Latest Stock Analysis on ASST
Institutional Trading of Strive
Several hedge funds and other institutional investors have recently made changes to their positions in the company. McElhenny Sheffield Capital Management LLC acquired a new position in shares of Strive in the second quarter valued at approximately $39,000. Engineers Gate Manager LP bought a new position in shares of Strive during the second quarter valued at $40,000. Two Sigma Investments LP acquired a new position in shares of Strive during the third quarter worth $27,000. Ground Swell Capital LLC bought a new stake in Strive in the second quarter valued at approximately $40,000. Finally, Tower Research Capital LLC TRC raised its holdings in Strive by 180.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 10,969 shares of the company's stock worth $41,000 after purchasing an additional 7,057 shares during the last quarter. 5.52% of the stock is currently owned by institutional investors.
Trending Headlines about Strive
Here are the key news stories impacting Strive this week:
- Positive Sentiment: Shareholder approval confirmed Strive will acquire Semler Scientific and Semler’s 5,048.1 BTC as part of the all‑stock deal — a direct and material increase to Strive’s bitcoin holdings. GlobeNewswire: Shareholder Approval
- Positive Sentiment: Merger substantially enlarges Strive’s corporate bitcoin treasury (reports put the combined holdings near ~13,000 BTC), making Strive one of the largest public corporate BTC holders — a thesis that can attract crypto‑focused investors. Blockonomi: 11th Largest Bitcoin Treasury Bitcoin Magazine: Boosts Bitcoin Holdings
- Positive Sentiment: CEO Matthew Ryan Cole purchased 500,000 shares at ~$0.92 (increasing his stake ~190%), a strong insider signal that executives view the post‑deal equity as attractive. SEC filing: SEC: Insider Purchase
- Neutral Sentiment: Company and market commentary continues to update on merger timing and mechanics; some outlets framed the vote and next steps as procedural progress rather than a guaranteed stock catalyst. TipRanks: Merger Advances
- Neutral Sentiment: Trading has been very active and volatile (volume well above average), which can amplify intraday moves as investors reprice equity exposure to the larger bitcoin treasury and dilution risk. MarketBeat: Trading/Volume Details
- Negative Sentiment: Some investors reacted negatively to the approval, selling shares on concerns about dilution from the all‑stock deal and uncertainty over how the larger treasury will be valued; reports noted double‑digit declines in Strive and Semler share prices immediately after the vote. Yahoo Finance: Shares Fall After Approval
About Strive
(
Get Free Report)
Asset Entities, Inc (NASDAQ: ASST) is a specialty finance company that acquires, originates and services asset-backed loans and receivables across a range of industry sectors. The firm focuses on structuring and managing credit portfolios in equipment finance, commercial receivables and other asset-backed classes, employing securitization vehicles and bespoke financing solutions to deliver liquidity to underserved small- and mid-market borrowers.
Through its platform, Asset Entities leverages data-driven underwriting, risk management and portfolio optimization to create diversified exposure across end markets.
Further Reading
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