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Strive Stock Surges on Launch of New Leveraged ETF

Guavy AI Editorial Team
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Strive (ASST) stock rose 6% on Friday to close at $30.09, its best performance in two days. The increase follows a new 2x leveraged ETF linked to ASST that started trading on the Cboe exchange on September 18.

The T-REX 2X Long ASST Daily Target ETF (ASSX) targets 200% of Strive's daily stock performance before fees and expenses. It is designed for short-term trading, with its leverage resetting daily.

Strive's Bitcoin holdings reached a record high of 25,000 BTC as of September 11, after purchasing an additional 469 BTC at an average price of $77,954 per coin.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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