Strive Fires on All Cylinders as Bitcoin Holdings Soar

Strive Inc., owner of the ticker symbol ASST, has made a significant addition to its Bitcoin holdings. The company announced that it purchased 1,110 BTC at an average price of $73,409 per coin between August 17th and 21st. This fresh purchase adds up to approximately $81.5 million in value, bringing Strive's total Bitcoin holdings to 21,356.

'One year ago, Strive held zero Bitcoin,' said CEO Matt Cole. 'Today, we own more than 1 out of every 1,000 Bitcoin that will ever exist.'

Cole emphasized that even during the bear market, his team remained confident in their strategy and the potential for a long-term opportunity. He noted that executives and directors have been buying shares with their own money, some directors leaving the board to join the company full-time.

The CEO's conviction in Strive's Bitcoin strategy is reflected in the company's recent performance. ASST stock surged over 9% overnight after the announcement and has seen a significant increase in value since February 19th, which marked the bottom of the bear market for ASST stock. With BTC trading at around $80,318.59, Strive is 'firing on all cylinders,' according to Cole.