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ASASST

Strive, Inc.

Rising onWhy it's trendingMoving on elevated volumeStrong bullish X conversation
$ASST·$1.2B·Asset Management·Financial Services
$24.22+11.4%YTD-18.2%1Y-81.3%
Mentions · last 7 days
2026-08-22: 104 posts2026-08-23: 98 posts1,269+7%
Price updated 5h ago·X counts updated 8d ago
ASASST
$ASSTStrive, Inc.
$24.22+11.41%1.3k posts+7%
AI analysisFundamentalsVoices on X
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AI verdict & sentimentAI analysisGenerated by AI from underlying data

Top X posts

Today's AI verdict on what's driving $ASST, plus how loud the X conversation is and which way it's leaning.

AI analysis

TickerTalks’ read on the fundamentals and what’s driving the move.

Driven by hypeAcceleratingAI verdict · as of 2026-08-30

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

Vivek Ramaswamy's Bitcoin-treasury wrapper — savaged 84% over 12 months, now ripping off the lows with the founder adding to his 13D.

Strive is Vivek Ramaswamy's asset-management outfit repositioned as a Bitcoin treasury — it raises capital and buys BTC. The stock has been savaged over 12 months, but off the bottom it's been ripping, and Ramaswamy just added to his 13D.

What you actually own here:

  • The treasury is the asset: quarterly revenue is just $2.76M against a $1.25B market cap, so ratios (178x sales) are meaningless — what matters is the 21,356 BTC on the balance sheet after the fresh 1,110-coin purchase, and the premium the market pays for that stack in wrapper form.
  • The move off the lows is real and volume confirms: shares are 60% above the 50-day and volume 2.4x baseline, yet price sits at only the 6th percentile of the 52-week range because the 12-month drop was so violent (-84%) — room to run without new highs.
  • Catalysts are specific: Ramaswamy filed Amendment No. 2 to his 13D on August 26 (founder increasing disclosed intent), director Pierre Rochard bought ~$199K open-market, and an October warrant window could bring in fresh capital the treasury deploys into BTC.
  • Failure mode is the same as every treasury play: if BTC breaks lower or premium-to-NAV compresses, the accretive-issuance flywheel reverses and the discount overshoots the coin down.

Two things decide this: Bitcoin holding above ~$70K keeps the treasury compounding, and the October warrant window brings in cash to deploy or leaves an overhang — get both right and the run has room; get either wrong and the recovery stalls.

Agrees with X sentimentAgree with a caveat — the bull case (clean capital structure vs MSTR, aggressive BTC accumulation, Ramaswamy signaling) is directionally right, but the $100–$210 price targets pencil in continued premium expansion, which isn't guaranteed if BTC has a real drawdown.

What to watch: Bitcoin's next move — a break below ~$70K puts treasury value under pressure and typically compresses the wrapper's premium; the October warrant window is the other decision point (cash deployed straight into BTC vs share overhang).

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

X sentiment

What the X crowd is saying right now — descriptive, summarised from the day’s posts.

Bullish sentiment184 posts analyzed · as of 2026-08-31

X is euphoric. Strive shareholders are trading a specific playbook — the SATA perpetual issuance at par funding roughly 1,000+ BTC weekly buys, a growing mNAV around 1.36x, and elevated short interest (about 30% of float, ~8 days to cover) framed as squeeze fuel. Vivek Ramaswamy's disclosed $138M stake, the October warrants at $27, and a stock up 100%+ in a month anchor the "life-changing wealth" narrative.

Read the AI verdict + X sentiment for $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)
  • X crowd read with bullish/bearish call + post volume
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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

Equity market strength is driving AUM growth through market appreciation more than net flows; fee compression continues in passive products while alternatives and private markets hold pricing. Rising markets mask organic flow dynamics — the structural story is the shift toward private asset exposure.

What this means for $ASST

Direct beneficiary — business directly tied to crypto market cap and adoption cycle; Asset manager pursuing a Bitcoin treasury strategy, maximizing Bitcoin-per-share.

Top industry ETF

$IAIiShares U.S. Broker-Dealers & Securities Exchanges ETF
+5.0%YTD
+13.1%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 earningsMon, Nov 9·consensus EPS $-0.23

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

2-year forecast · up to 3 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$12.1M$11.6M – $12.6M-$3.86-$4.58 – -$3.173
FY27$10.8M$10.5M – $11.2M-$0.34-$0.41 – -$0.283

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.2.9×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.7%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.+76.6%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.+65.2%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 today24.1% 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.β-0.235-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.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

BuyAug 14Pierre RochardDirector15.9K sh$199K
+ 8 other (6 awards · 1 exempt · 1 inkind) 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
Free, forever. No credit card.

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 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.

8-KAgreement terminatedMay 148-K — Item 1.02: Agreement terminated · Item 5.03: Charter amendment
AI summary

ASST filed an 8-K (Item 5.03) dated 2026-05-14. Amendments to Articles of Incorporation or Bylaws. On May 13, 2026, the Company filed an Amended and Restated Certificate of Designation (the "Amended and Restated SATA Certificate of Designation") with the Nevada Secretary of State, which amended and resta.

SC 13DActivist position (5%+)May 11SC 13D
AI summary

Vivek Ramaswamy filed an new Schedule 13D on ASST disclosing beneficial ownership (5,693,897.00 shares) as of 2026-05-11. The filer's stated intent is passive investment with no plan to influence control of the company.

SC 13D/AActivist amendmentMay 11SC 13D/A
AI summary

Vivek Ramaswamy filed an amended Schedule 13D on ASST disclosing beneficial ownership (5,693,897.00 shares) as of 2026-05-11. The filer's stated intent is passive investment with no plan to influence control of the company.

+ 44 other (25 routine 8-Ks · 9 13Gs · 2 10-Qs · 2 earnings 8-Ks) in window

Recent news

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

Strive Jumps 7% as Strategy Ends 10-Week Bitcoin Pause With $370M Buy247wallst.com·14h agoStrive Jumps 5% as CEO Declares the Bitcoin Bear Market Over, Strategy and Bitmine Rise 3%247wallst.com·8d agoStrive, Inc. Announces Second Quarter 2026 Financial Resultsglobenewswire.com·22d agoStrive Announces Bitcoin Stewardship Commitment, Initial Support for Bitcoin Development Through Brinkglobenewswire.com·41d agoStrive, Inc. (NASDAQ:ASST) Receives $28.00 Consensus PT from Analystsdefenseworld.net·41d ago

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