Strive (ASST)
Anti-ESG asset manager running thirteen ETFs while accumulating bitcoin through perpetual preferred equity issuances.
Something off on this page? Send us feedback.
An SEC-registered investment adviser running thirteen anti-ESG ETFs and trusts alongside a bitcoin treasury funded through perpetual preferred equity, with a preventive-healthcare subsidiary and dual-class governance concentrated in the founding group.
The Asset Management segment operates thirteen ETFs and collective investment trusts through a wholly owned SEC-registered investment adviser, applying an anti-ESG voting policy as a fiduciary stance; advisory fees across the managed lineup form the recurring revenue base.
A separate bitcoin treasury accumulates holdings on the corporate balance sheet, financed exclusively through perpetual preferred equity (SATA Stock) rather than convertible debt — a deliberate structural contrast with comparable treasury strategies. Bitcoin Yield, the rate of BTC growth per fully diluted share, is the stated performance metric.
Clinivanta, the preventive-healthcare subsidiary, holds the QuantaFlo vascular-screening device and a broader preventive-care mandate inherited from the all-stock acquisition of Semler Scientific.
Dual-class common stock concentrates governance in the founding group; bitcoin price marks drive most of the GAAP earnings variance.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 20, 2026 | Coker Palmer | Target | Target: — | Target: $32 |
| May 18, 2026 | Cowen & Co. | Target | Target: — | Target: $30 |
| May 15, 2026 | H.C. Wainwright | Target | Target: $36 | Target: $38 |
| Apr 21, 2026 | H.C. Wainwright | Target | Target: — | Target: $36 |
| Dec 10, 2025 | Maxim Group | Target | Target: — | Target: $1.50 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $145.5M · Total debt $3.3M · Total assets $1.38B · Shareholders' equity $1.35B
- Revenue
- $2.9M
- Operating income
- −$21.5M
- Net income
- −$283.8M
No dividends on record.
| Institutions | ≈ 46.43% | 39.67M shares | |
|---|---|---|---|
| 194 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 8.45% | 7.22M shares | |
| 18 holders · as of Aug 26, 2026 | |||
| Other | ≈ 45.12% | 38.54M shares | |
| remainder | |||
85.44M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
This company has 2 share classes; every stake here is a share of the whole company.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
FMR LLCInstitution | 11.57% | 9.89M A | as of Jun 30, 2026 |
Vivek Ramaswamy1Insider10 percent owner | 6.66% | 5.69M A | filed Aug 26, 2026 |
BlackRock, Inc.Institution | 6.16% | 5.27M A | as of Jun 30, 2026 |
Anson Funds Management LPInstitution | 4.33% | 3.70M | filed May 15, 2026 |
Capital International InvestorsInstitution | 3.53% | 3.02M A | as of Jun 30, 2026 |
- Vivek Ramaswamy's own ownership statement (13D, Aug 26, 2026) reports fewer shares than the transaction reports; the statement is used.
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 14, 2026 | Pierre Rochard | director | +15,900 | $12.54 |
| Feb 18, 2026 | Benjamin Pham | director, officer: Chief Financial Officer | +6,214 | $8.06 |
| Feb 17, 2026 | Benjamin Pham | director, officer: Chief Financial Officer | +7,900 | $8.23 |
| Feb 13, 2026 | Brian Logan Beirne | director, officer: Chief Legal Officer | +11,500 | $8.73 |
| Jan 13, 2026 | Matthew Ryan Cole | director, officer: Chief Executive Officer | +500,000 | $0.9187 |
- Strategy
Pioneer of the corporate BTC treasury model; largest public BTC holder.
- MARA
Leading Bitcoin miner retaining BTC on its balance sheet as equity proxy.
- GameStop
Game retailer turned BTC reserve-asset holder; adopted Bitcoin in 2025.
- Trump Media & Technology Group
Truth Social operator that adopted a crypto treasury strategy in 2025.
- BlackRock
World's largest asset manager; competes with SAM on ETFs and ESG stewardship.
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Strive | $29.42 | −3.00% | $3.03B | — | 6.0 | 346.1 | +1,370.5% |
| Strategy | $168.81 | +0.19% | $55.74B | — | 5.1 | 111.9 | +6.9% |
| MARA | $13.84 | +4.22% | $5.06B | — | — | 6.3 | −26.7% |
| GameStop | $23.75 | +4.33% | $10.21B | 14.8 | 24.0 | 2.9 | −18.7% |
| Trump Media & Technology Group | $9.08 | −0.49% | $2.53B | — | — | 558.9 | +89.0% |
| BlackRock | $1,071.60 | −1.71% | $168.99B | 26.1 | 18.0 | 6.2 | +30.6% |
| Median | 20.4 | 18.0 | 6.3 | +6.9% |