Strive Inc (ASST)
NASDAQ:ASST
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Strive Inc
(NASDAQ:ASST)
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Rating:43Neutral
Price Target:
$11.00
▼(-5.01% Downside)
Action:ReiteratedDate:04/06/26
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.
Positive Factors
Large Bitcoin Treasury
Strive's sizeable bitcoin holdings plus cash and equity provide a durable non-operating asset base that bolsters liquidity and strategic optionality. This treasury can underwrite preferred dividends, collateralize obligations, and give management time to execute operating improvements without immediate refinancing pressure.
Negative Factors
Deep Unprofitability
The company is loss-making at a gross-profit level, signaling the core business is not yet economically viable. Persistent negative gross margins undermine scalability and make profitable growth reliant on material cost structure changes or higher-margin product shifts, which are uncertain and time-consuming to implement.
Read all positive and negative factors
Positive Factors
Negative Factors
Large Bitcoin Treasury
Strive's sizeable bitcoin holdings plus cash and equity provide a durable non-operating asset base that bolsters liquidity and strategic optionality. This treasury can underwrite preferred dividends, collateralize obligations, and give management time to execute operating improvements without immediate refinancing pressure.
Read all positive factors
Strive Inc (ASST) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$735.43M
Dividend YieldN/A
Average Volume (3M)91.07M
Price to Earnings (P/E)―
Beta (1Y)-2.58
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees51
SectorCommunication Services
Sector Strength97
IndustryAsset Management
Share Statistics
EPS (TTM)N/A
Shares Outstanding59,312,565
10 Day Avg. Volume91,484,996
30 Day Avg. Volume91,067,250
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)0.04
Price to Sales (P/S)5.70
P/FCF Ratio-1.51
Enterprise Value/Market Cap1.21
Enterprise Value/Revenue299.01
Enterprise Value/Gross Profit311.02
Enterprise Value/Ebitda-4.02
Forecast
1Y Price Target
$19.33Price Target Upside66.93% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Strive Inc Business Overview & Revenue Model
Company Description
Strive Inc is an asset management company that operates a Bitcoin-focused treasury strategy. The firm prioritizes increasing Bitcoin per share for shareholders and uses this metric as the benchmark for capital allocation....
Strive Inc Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
58
Neutral
Cash Flow
10
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 5.73M | 633.49K | 277.04K | 343.11K | 829.62K |
| Gross Profit | 5.51M | 630.78K | 276.30K | 0.00 | 829.62K |
| EBITDA | -43.54M | -6.39M | -4.93M | -645.25K | 14.87K |
| Net Income | -21.58M | -6.39M | -4.93M | -645.25K | 14.87K |
Balance Sheet | |||||
| Total Assets | 745.53M | 3.22M | 3.08M | 373.02K | 58.73K |
| Cash, Cash Equivalents and Short-Term Investments | 67.50M | 2.66M | 2.92M | 137.18K | 33.73K |
| Total Debt | 3.51M | 0.00 | 0.00 | 0.00 | 9.14K |
| Total Liabilities | 14.29M | 430.89K | 153.54K | 219.24K | 15.59K |
| Stockholders Equity | 731.24M | 2.79M | 2.92M | 153.78K | 43.14K |
Cash Flow | |||||
| Free Cash Flow | -21.62M | -4.90M | -3.82M | -602.83K | 23.37K |
| Operating Cash Flow | -21.59M | -4.90M | -3.81M | -602.83K | 23.37K |
| Investing Cash Flow | -3.20M | -400.00K | -113.56K | 0.00 | 0.00 |
| Financing Cash Flow | 28.86M | 5.04M | 6.71M | 706.27K | 0.00 |
Strive Inc Risk Analysis
Strive Inc disclosed 83 risk factors in its most recent earnings report. Strive Inc reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Strive Inc Peers Comparison
UnderperformOutperform
Sector (60)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $676.72M | 21.23 | 15.08% | 4.56% | 81.45% | -26.75% | |
69 Neutral | $665.24M | 10.22 | 8.75% | 14.71% | -8.32% | -33.94% | |
66 Neutral | $679.76M | 9.74 | 11.68% | 11.47% | -12.17% | -14.93% | |
65 Neutral | $853.50M | 19.36 | 5.65% | 11.65% | -7.77% | 13.95% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
58 Neutral | $818.87M | 9.11 | 9.32% | 10.80% | -6.30% | -6.92% | |
43 Neutral | $735.43M | -0.82 | -54.47% | ― | ― | ― |
* Communication Services Sector Average
ASST
Strive Inc
11.58
1.52
15.11%
FDUS
Fidus Investment
18.02
1.72
10.56%
NOAH
Noah Holdings
10.11
2.20
27.81%
SLRC
SLR Investment Corp.
15.40
2.03
15.14%
VINP
Vinci Partners Investments
10.64
1.67
18.66%
NCDL
Nuveen Churchill Direct Lending Corp.
13.70
0.68
5.19%
Strive Inc Corporate Events
Business Operations and StrategyFinancial Disclosures
Strive Highlights Expanded Bitcoin Holdings and Capital Structure
Positive
Apr 6, 2026
On April 6, 2026, Strive, Inc. reported that as of April 2, 2026, its bitcoin treasury had reached 13,741 bitcoin, alongside $86.9 million in cash and cash equivalents and $50.5 million in STRC stock, underscoring a significant allocation to both ...
Business Operations and StrategyProduct-Related AnnouncementsRegulatory Filings and Compliance
Strive Inc Expands Role in Digital Credit ETF
Positive
Mar 30, 2026
On March 30, 2026, ETF Opportunities Trust filed a prospectus with the SEC for the proposed T-Strive Digital Credit ETF, ticker DGCR, with Strive Asset Management, LLC serving as sub-adviser. The fund aims to generate current income by investing p...
Business Operations and StrategyDividends
Strive Boosts SATA Dividend, Strengthens Digital Credit Position
Positive
Mar 11, 2026
On March 11, 2026, Strive, Inc. detailed a series of balance-sheet and capital markets actions around its SATA digital credit product, raising the annual dividend rate on its Variable Rate Series A Perpetual Preferred Stock to 12.75% and declaring...
Business Operations and StrategyDividendsFinancial Disclosures
Strive Increases SATA Preferred Dividend Rate and Distribution
Positive
Feb 13, 2026
As of February 11, 2026, Strive, Inc. reported holding $127.2 million in cash and cash equivalents and 13,131.8 bitcoin, alongside 53.2 million Class A shares, 9.9 million Class B shares and 4.3 million shares of its Variable Rate Series A Perpetu...
Regulatory Filings and ComplianceStock Split
Strive Inc Announces 1-for-20 Reverse Stock Split
Neutral
Feb 3, 2026
On January 12, 2026, Strive Inc.’s board approved a 1-for-20 reverse stock split of its Class A and Class B common shares, which was implemented without stockholder approval under Nevada law. The company filed a Certificate of Change on Febr...
Business Operations and StrategyPrivate Placements and Financing
Strive Inc Completes Upsized Preferred Offering, Boosts Bitcoin
Positive
Jan 28, 2026
On January 28, 2026, Strive Inc. announced the closing of an upsized and oversubscribed follow-on offering of 1,320,000 shares of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at $90 per share, generating about $109.2 million i...
Business Operations and StrategyPrivate Placements and Financing
Strive Inc Launches Upsized Preferred Offering and Exchanges
Positive
Jan 22, 2026
On January 22, 2026, Strive, Inc. entered into an underwriting agreement with Barclays Capital and Cantor Fitzgerald for an upsized underwritten follow-on offering of 1,320,000 shares of its Variable Rate Series A Perpetual Preferred SATA Stock at...
Business Operations and StrategyDividendsPrivate Placements and Financing
Strive Plans $150 Million Preferred Stock Follow-On Offering
Positive
Jan 21, 2026
On January 21, 2026, Strive announced plans for a $150 million public follow-on offering of its Variable Rate Series A Perpetual Preferred Stock, with net proceeds earmarked to redeem or repurchase some or all of the 4.25% Semler Convertible Notes...
Business Operations and StrategyExecutive/Board ChangesM&A Transactions
Strive Completes Semler Merger, Expands Bitcoin and Healthcare Focus
Positive
Jan 16, 2026
On January 16, 2026, Strive completed its previously announced merger with Semler Scientific, with Semler becoming a wholly owned subsidiary and each Semler share converted into the right to receive 21.05 Strive Class A common shares; in connectio...
Dividends
Strive Inc Declares Tax-Advantaged Dividend on Preferred Stock
Positive
Jan 15, 2026
On January 15, 2026, Strive Inc. announced that its board of directors declared a cash dividend of $1.0208 per share on its Variable Rate Series A Preferred Stock, reflecting a 12.25% annual dividend rate, payable on February 15, 2026 to stockhold...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.