Analyst Lance Vitanza of TD Cowen reiterated a Buy rating on Strive Inc, retaining the price target of $26.00.
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Lance Vitanza has given his Buy rating due to a combination of factors tied to Strategy’s proposed changes to STRC and the knock‑on effects for Strive. The shift to semi‑monthly STRC dividend payments is expected to deepen liquidity, dampen price swings, and strengthen collateral characteristics, all of which should lower financing frictions and improve stability in the broader Bitcoin‑linked capital market ecosystem.
These improvements are particularly beneficial for Strive because SATA, its variable‑rate perpetual preferred structure, is closely comparable to STRC in investors’ eyes. As STRC trades more smoothly with tighter spreads and better collateral treatment, the required yield on SATA should compress, effectively lowering Strive’s cost of capital and boosting its efficiency in acquiring Bitcoin; combined with diversification benefits between STRC and SATA, Vitanza sees a favorable setup that underpins his Buy recommendation on ASST.