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ASASST

Strive, Inc.

$ASST·$2.8B·Asset Management·Financial Services
$24.09-6.1%YTD+69.0%1Y+33.8%
Price updated 7h ago·X counts updated 5d ago
ASASST
$ASSTStrive, Inc.
$24.09-6.08%1.5k posts1×
AI analysisFundamentalsVoices on X
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On X

Top X posts

The complete picture of $ASST on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

1,489X posts · last 7 days
Sep 29Oct 11
Chatter Meter
1×
QuietNormal · 1×Loud

How loud $ASST's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level.

Bullish sentimentAI analysisGenerated by AI from underlying data30 posts analyzed · as of 2026-10-02

The Strive bitcoin-treasury crowd is confidently bullish — the stock is up 165% since August despite short interest at multi-month highs, holders cite roughly 1,522 BTC added via SATA ATM in a single week, and CEO Cole Macro's 13% preferred-equity pitch is being quoted as income that "likely beats the stock market." The dominant theme is "MSTR plus ASST, not either/or," with warnings not to round-trip the position before year-end.

Read what X is saying about $ASST

  • Bullish vs bearish call — with the AI summary of the day's posts
  • Divergence flag when the top-engagement posts argue the other side
  • How loud the conversation is versus this ticker's own normal
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AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $ASST — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Driven by hypeAcceleratingAI verdict · as of 2026-10-03

The move is getting stronger, with heavier trading behind it.

Vivek Ramaswamy's Bitcoin treasury vehicle — MSTR-style accumulation financed with a 13% preferred coupon and nonstop ATM issuance.

Strive is Vivek Ramaswamy's Bitcoin treasury company — the MSTR playbook run by a different operator, financed with 13%-coupon preferred stock and nonstop at-the-market equity sales. The game is to stack BTC per share faster than the share count grows.

  • The accumulation is working: 27,462 BTC on balance sheet by late September, up from 21,356 in late August — fast, but partly built via dilutive ATM at $77–85K/BTC with the 13% SATA preferred making capital expensive.
  • This is a leveraged BTC proxy, not an operating business: Q1 revenue of $2.76M against a $2.9B cap is irrelevant — the equity trades on BTC-per-share growth, with real risk if a BTC drawdown coincides with rising share count.
  • The 13% perpetual preferred is both the funding edge and the stress point — cheap under a crypto bull case, expensive on any flat tape, and permanent either way.

If Bitcoin keeps running, premium to NAV expands; six months of chop would strain the structure and force dilution at bad prices.

Agrees with X sentimentX is bullish on the MSTR-plus-ASST pairing, the 1,522-BTC week via SATA, and the 13% preferred as income — the mechanics back it as long as Bitcoin stays bid. The crowd under-weights the downside: BTC chop plus the 13% permanent coupon flips from edge to drag quickly.

What to watch: The weekly BTC-purchase 8-Ks vs the share-count update — a quarter where share count grows faster than BTC-per-share is the first real crack. A sustained Bitcoin pullback below the ~$80K average cost basis is the hard invalidation.

On the calendar: 2026-11-09 — Q3 2026 earnings

beta missing

Read the AI verdict on $ASST

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
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What it does

Plain-English summary of the business — what they sell and how they make money.

Asset manager pursuing a Bitcoin treasury strategy, maximizing Bitcoin-per-share as its primary capital allocation metric.

Industry overviewAI analysisGenerated by AI from underlying data

Where Asset Management sits in its cycle right now — and what that implies for $ASST.

Asset Management · Financial Services

No material change from last week — yield-seeking institutional capital continues flowing into private credit and infrastructure alternatives.

What this means for $ASST

Partial — Asset manager pursuing a Bitcoin treasury strategy, maximizing Bitcoin-per-share as its primary capital allocation metric.

Top industry ETF

$IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF
-1.4%YTD
+3.3%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
-1.0How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
-7.1%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
-10.5%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
-3.9%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
178.1Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
-135%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
-354%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.0Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 10, 2026$-3.65$-0.95-284.2%
Q1 2026May 14, 2026$-4.53$-2.69-68.1%
Q4 2025Mar 19, 2026$-4.71$-0.03-15600.0%
Q3 2025Nov 14, 2025$-0.28$-0.02-1275.0%
Next earningsTue, Nov 10·consensus EPS $1.61

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q1 FY26$2.8M+94.0%96.7%-647%$-4.53$-31.0M
Q4 FY25$1.5M+46.1%-1851%-2110%$-4.60$-11.0M
Q3 FY25$1.5M+56.8%96.4%-1511%$-124.00$-28.9M
Q2 FY25$1.5M+1524.6%-138%-244%$-68.00$19.9M

Forward consensus

3-year forecast · up to 3 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$11.9M$11.7M – $12.0M-$2.33-$22.07 – $17.423
FY27$11.3M$7.8M – $13.7M$0.55-$0.18 – $1.263
FY28$11.8M$9.7M – $13.0M-$0.53-$0.60 – -$0.411

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.1.3×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.64%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.+7.5%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.+60.1%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMid float · 62.1M shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today19.9% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.FilingActive offeringA shelf registration (S-3 / S-3ASR / S-1) or prospectus supplement (424B*) was filed in the last 90 days — the company is registered to (or actively) issuing new shares. Dilution risk.

Insider activity

Recent open-market buys and sells by officers and directors — flagged when multiple insiders cluster.

Recent transactions

SellOct 5Benjamin PhamCFO4.2K sh$132KSellOct 5Cole Matthew RyanCEO58.8K sh$1.8MSellOct 5Beirne Brian LoganChief Legal Officer20.1K sh$629KSellOct 5Arshia SarkhaniChief Marketing Officer5.6K sh$177KSellOct 5Jonathan R MaceyDirector6.7K sh$203KSellOct 5James LavishDirector6.0K sh$185KBuyAug 14Pierre RochardDirector15.9K sh$199K
+ 24 other (11 awards · 10 exempts · 2 inkinds · 1 gift) in window

See when $ASST insiders are putting their own money in

  • Real-time open-market buys and sells from Form 4 filings
  • Cluster-buy detection when multiple insiders pile in at once
  • 30 / 60 / 180-day windows so you can spot building conviction
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SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

Recent material filings

SC 13D/AActivist amendmentOct 13SC 13D/A
424B5Prospectus supplement (offering)Oct 13424B5
8-KCharter amendmentOct 138-K — Item 3.03 · Item 5.03: Charter amendment · Item 8.01: Other event
SC 13D/AActivist amendmentAug 26SC 13D/A
AI summary

Vivek Ramaswamy (Washington DC, via counsel at Davis Polk & Wardwell LLP including Derek Dostal and Evan Rosen) filed Amendment No. 2 to his Schedule 13D on Strive, Inc. (ASST) Class A Common Stock ($0.001 par value) on August 24, 2026. Ramaswamy is the co-founder of Strive, Inc., an asset management company; his filing under Schedule 13D (rather than 13G) confirms non-passive/activist intent. This second amendment likely reflects a change in his beneficial ownership level or updated investment intent in the company he founded. As a named Schedule 13D filer with activist potential, this is significant for ASST shareholders tracking insider activity.

8-KOther eventJun 88-K — Item 3.03 · Item 8.01: Other event
AI summary

ASST (ASST) filed an 8-K under Item 3.03, disclosing a material modification to the rights of security holders. The modification involves transactions valued at approximately $0. This item covers events such as stock splits, reverse splits, redemptions, reclassifications, or other changes that fundamentally alter the nature of outstanding securities. Modifications to security holder rights are among the most material events a company can disclose as they directly affect ownership economics and voting rights.

424B5Prospectus supplement (offering)Jun 8424B5
AI summary

ASST (ASST) filed a 424B5 prospectus supplement related to an at-the-market (ATM) equity offering program. The program allows the company to sell up to $326.3 million of common shares over time through a sales agent into the market at prevailing prices. ATM programs provide flexible, dilution-minimized capital access without a traditional underwritten deal, typically used for growth capital or balance sheet management.

424B5Prospectus supplement (offering)Jun 5424B5
AI summary

Class A Common Stock offered by the prospectus, as amended by this amendment. As amended and restated, the Sales Agreement provided for Barclays Capital Inc., Clear Street LLC, The Benchmark Company, LLC, StoneX Financial Inc., B. Riley Securities, Inc., Maxim Group LLC (ASST) filed a 424B5 prospectus supplement related to an at-the-market (ATM) equity offering program. The program allows the company to sell up to $336.4 million of common shares over time through a sales agent into the market at prevailing prices. ATM programs provide flexible, dilution-minimized capital access without a traditional underwritten deal, typically used for growth capital or balance sheet management.

SC 13D/AActivist amendmentJun 1SC 13D/A
AI summary

With filed Amendment No. 1 to Schedule 13D disclosing updated beneficial ownership in ASST (ASST). The filing covers approximately 5,693,897 shares of ASST. The position is held for potential M&A activity. Schedule 13D amendments are required when a 5%-or-greater holder's ownership, intent, or plans change materially, providing transparency into concentrated positions that could influence corporate governance or trigger M&A activity.

+ 46 other (30 routine 8-Ks · 8 13Gs · 3 8-Ks · 2 10-Qs) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Strive (NASDAQ:ASST) and DeFi Development (NASDAQ:DFDV) Critical Surveydefenseworld.net·1d agoStrive Announces Pricing of Upsized Initial Public Offering of SATS Stockglobenewswire.com·1d agoMichael Saylor Cheered a Rival’s $280 Million Bitcoin Buy Despite His Own Company Buying 85% Less the Same Week.247wallst.com·3d agoStrive Announces Proposed Initial Public Offering of SATS Stockglobenewswire.com·3d ago11 Stocks Most Likely to See a Short Squeeze Rallyschaeffersresearch.com·5d ago

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TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

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