Archived explainer. For the current picture see today's ASST page.
STRIVE INC (ASST) is down -9.15% in the latest session. Our newswire has captured 8 stories on ASST across 6 sources in the last 36 hours, with AI sentiment reading mixed (avg 45/100).
Strive Inc (ASST) shares fell 9.15% to $26.32, driven by the announcement of a new $1.0 billion preferred stock offering. The company plans to use the proceeds to fund additional Bitcoin acquisitions, a move that coincides with a broader risk-off sentiment in the crypto sector.
On October 26, 2026, Strive announced it entered into a sales agreement for an at-the-market program to issue up to $1.0 billion of 15.00% Series A perpetual SATS preferred stock. The company stated that proceeds from this offering will be used to purchase more Bitcoin. In the same period, Strive reported that it purchased 6,182 Bitcoin between October 17 and October 23, bringing its total holdings to 43,000 as of October 23. The average purchase price for this batch was $82,732 per Bitcoin.
StoneX raised its price target for the stock to $43 from $32, maintaining a Buy rating. The company is currently unprofitable with a trailing twelve-month EPS of -20.29, though revenue has grown 71.6% over the same period. The stock carries a high beta of 13.24, indicating significant volatility relative to the broader market.
The stock opened at $28.31, a 2.3% gap down from the prior close of $28.97. It traded between a session high of $28.61 and a session low of $26.29. Volume stood at 5.9 million shares, which is 0.9 times the three-month daily average. Over the last eight sessions, the stock had risen 18.7%.
The 52-week range for ASST is $7.02 to $36.20. Recent insider activity shows a net selling trend, with six sells totaling $3.2 million and one buy totaling $199,000 over the last 90 days. The most recent Form 4 filings, dated October 5, 2026, recorded sales by General Counsel Brian Logan Beirne, Director Jonathan R Macey, and Director James Lavish.
Investors will monitor the execution of the $1.0 billion preferred stock offering and its impact on the company’s balance sheet. The stock’s high beta and recent volatility suggest that further moves in Bitcoin prices will likely influence ASST’s share price in the near term.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Public view is delayed 4 hours from real time. Not financial advice.
According to Lee, despite the sell-off, the crypto pullback this time has been comparatively shallow compared to previous iterations.
Scott Melker discusses this past weekend's liquidation of Bitcoin (BTC-USD) leverage and all the movements of Strive (ASST), Strategy (MSTR), and Bitmine (BMNR). Donald Trump and World Liberty Financial are being sued in Federal Court. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.
Strive Inc ( ($ASST) ) just unveiled an announcement. On October 26, 2026, Strive, Inc. reported that between October 17 and October 23, 2026, it purchased 6,182 bi...
Strive (ASST) on Monday announced an offering of up to $1.0B 15.00% series A perpetual SATS preferred stock under an at-the-market program.
An update from Strive Inc ( ($ASST) ) is now available. On October 26, 2026, Strive, Inc. entered into a Controlled Equity Offering sales agreement with a syndicate...
DALLAS, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST; SATA; SATS) (“Strive” or the “Company”) today announced that it has entered into a sales agreement pursuant to which Strive may issue and sell shares of its 15.
More on ASST: full news and sentiment history. Sentiment scores are AI-derived research signals, not financial advice.
Earlier ASST move explainers: 2026-10-26 · 2026-10-14 · 2026-09-24 · 2026-09-18 · 2026-09-03 · 2026-09-01 · 2026-08-31 · 2026-08-27 · 2026-08-25 · 2026-08-24