Overview
- ASST jumped 49% Monday after investor Mike Alfred disclosed owning over one million shares and publicly endorsed the company.
- Strive has agreed to acquire Semler Scientific in an all-stock transaction, adding Semler’s reported 5,816 BTC to its corporate treasury pending closing conditions.
- Across mergers, acquisitions and direct buys, reported holdings total about 10,900 BTC, placing Strive among the larger public Bitcoin treasuries.
- The company is pursuing additional funding, including a reported $1.5 billion private placement and warrant exercises, to buy more Bitcoin.
- Analysts caution that digital-asset-treasury equities can move several times the percentage change in Bitcoin, contributing to extreme trading volatility in ASST.