Benchmark Analysts Fuel Strive Stock Surge with $32 Price Target
Strive's stock has surged nearly 8.7% in pre-market trading, reaching $17.54, after Benchmark analysts reiterated their Buy rating and $32 price target on the shares.
The analysts cited the strategic value of Strive's True North acquisition in bolstering its risk management capabilities within the digital asset treasury space.
What was initially seen as a minor marketing deal has since proven its worth following a sharp bitcoin price drawdown, giving Strive a meaningful operational edge over peers.
Institutional interest has also been building, with Point72 disclosing a new stake in ASST in its most recent 13F filing, and a company director boosting their personal holdings as recently as August 18.