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Bitcoin

Strive stock soars 335% as Bitcoin rebounds to $84,360 and ETF inflows surge

Image: CoinTurk News

Strive stock extended its rally this week, tracking the recent surge in Bitcoin as cryptocurrency markets rebounded. ASST, the ticker for Strive, reached $30.8, marking its highest valuation since early October and representing a 335% gain from this year’s lowest price. Strive, a company linked with entrepreneur and investor Vivek Ramaswamy, has rapidly emerged as one of the largest institutional holders of Bitcoin globally. Latest data shows Strive holds 36,818 BTC, valued at over $3.1 billion at current prices. This accumulation brings Strive to fourth place among Bitcoin-holding companies, standing just behind Strategy, Metaplanet, and Twenty One Capital. Strive’s aggressive expansion in Bitcoin holdings was supported by an initial public offering of its SATS preferred asset, which raised enough capital to purchase an additional 7,328 coins.

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