ASST

Strive, Inc. (Nasdaq: ASST) priced its initial public offering of 7 million shares of 15.00% Series A Perpetual SATS Preferred Stock at $90 per share on October 15, 2026, raising approximately $630 million in gross proceeds. The company plans to use the net proceeds for bitcoin acquisitions, working capital, income-generating assets, and potential share repurchases. Settlement is scheduled for October 20, 2026.

Strive stock surged 20.5% this week after completing a $630 million preferred stock offering to fund Bitcoin acquisitions. The company purchased 4,045 Bitcoins, bringing total treasury holdings to 36,818 coins worth approximately $3 billion. However, analysts caution that the stock trades at a 40% premium to its net asset value, making direct Bitcoin ETF investments a potentially better option for most investors.

Strategy Inc. (MSTR) expanded its Bitcoin treasury by 26% to 848,000 BTC in 2026, funded through $17.06B in ATM programs and $7.53B in STRC issuances. However, the company reported negative 3.7% year-to-date BTC Yield and a $2.10B negative BTC dollar gain, indicating dilution risks outweigh treasury growth. MSTR trades at a steep 120.54 forward P/S ratio with an F Value Score, earning a Zacks Rank #3 (Hold) rating.