Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Strive Inc ( (ASST) ).
On April 15, 2026, Strive, Inc. announced that its board had raised the regular dividend rate on its Variable Rate Series A Perpetual Preferred Stock to 13.00% per annum, up from 12.75%, effective for monthly periods beginning on or after that date. The company also declared a monthly cash dividend of $1.0833 per SATA share, payable on May 15, 2026 to holders of record on May 1, and indicated it expects these distributions to be treated as a non-taxable return of capital for many investors under U.S. federal income tax rules.
Strive disclosed it had purchased roughly 27 additional bitcoin, bringing its holdings to about 13,768 bitcoin as of April 13, 2026, alongside $89.7 million in cash and cash equivalents and $50.5 million in preferred stock investments. At the new 13.00% SATA yield and assuming a bitcoin price of $74,750, the company said its current balance sheet can support dividend obligations on the preferred shares for nearly 19.6 years, underscoring both its reliance on and confidence in its bitcoin-centric capital allocation strategy.
The most recent analyst rating on (ASST) stock is a Buy with a $26.00 price target. To see the full list of analyst forecasts on Strive Inc stock, see the ASST Stock Forecast page.
Spark’s Take on ASST Stock
According to Spark, TipRanks’ AI Analyst, ASST is a Neutral.
The score is held down primarily by weak financial performance (large losses, negative gross profit, and significant/worsening cash burn). Technicals also remain bearish with the stock below key moving averages and a negative MACD. Corporate events provide a modest offset via debt reduction and strategic initiatives, while valuation is constrained by negative earnings and no provided common dividend yield.
To see Spark’s full report on ASST stock, click here.
More about Strive Inc
Strive, Inc. is a structured finance company and institutional asset manager focused on disciplined capital allocation and long-term value creation. Using Bitcoin as its hurdle rate for capital deployment, the firm aims to increase Bitcoin per share and outperform Bitcoin over time, and, through its SEC-registered subsidiary Strive Asset Management, manages more than $2.5 billion in assets.
Average Trading Volume: 4,143,582
Technical Sentiment Signal: Sell
Current Market Cap: $801.2M
See more data about ASST stock on TipRanks’ Stock Analysis page.