Strive Stock Soars Amid Growing Bitcoin Holdings, Analyst Warns of Potential Risk
Strive Inc.'s (ASST) stock has seen significant gains, up over 7.5% on Thursday and on track to post its best monthly gains since May 2025.
The company's holdings of Bitcoin (BTC) have also grown, with the recent purchase of 1,110 BTC at an average price of $73,409 per BTC, bringing the total holdings to 21,356 BTC.
Prominent Bitcoin commentator and Head of Business Development at Zaprite, Parker Lewis, has expressed concerns about Strive's strategy, stating that the hurdle rate for ASST is 'literally the equivalent of holding bitcoin.'
Lewis warned that investors should sell the stock and buy Bitcoin instead, citing the nearly 90% premium to BTC NAV.