Core Viewpoint - Strive, Inc. plans to conduct an initial public offering of 1,250,000 shares of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) to raise capital for various corporate purposes, including acquisitions and working capital [1][2]. Group 1: Offering Details - The offering will consist of 1,250,000 shares of SATA Stock, which will accumulate cumulative dividends at a variable rate, starting with an initial monthly regular dividend rate of 12.00% per annum [1][3]. - Strive intends to establish a dividend reserve equal to the first 12 months of dividend payments, amounting to $12.00 per share of SATA Stock [4]. - The company has the right to redeem the SATA Stock at a cash redemption price of $110 per share after it is listed on a major exchange [5][6]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including the acquisition of bitcoin, income-generating assets, share repurchases, and debt repayment [2]. - Strive may also use the proceeds to fund acquisitions that complement its current business [2]. Group 3: Company Background - Strive is the first publicly traded asset management Bitcoin treasury company, holding approximately 5,957.9 bitcoins as of October 27, 2025, and managing over $2 billion in assets since launching its first ETF in August 2022 [11].

Group 1: Penny Stocks Overview - Five penny stocks to watch include Beyond Meat, Strive, VSee Health, Pulmonx, and Datavault AI, identified by MarketBeat's stock screener tool [2] - Penny stocks are defined as shares of very small or microcap companies trading at low per-share prices, traditionally under $1 but commonly under $5 in the U.S. [2] - These stocks often trade on over-the-counter markets, characterized by low liquidity, wide bid-ask spreads, high volatility, and a greater risk of price manipulation and loss [2] Group 2: Company Profiles - Beyond Meat, Inc. develops, manufactures, markets, and sells plant-based meat products across various platforms including beef, pork, and poultry, with distribution through grocery and foodservice channels [3] - Strive (Asset Entities Inc.) provides social media marketing and content delivery services, focusing on platforms like Discord and TikTok, and offers investment education and marketing services [4] - Pulmonx Corporation specializes in minimally invasive devices for chronic obstructive pulmonary diseases, offering products like the Zephyr Endobronchial Valve and Chartis Pulmonary Assessment System [5] - Datavault AI Inc. operates data management and supercomputer platforms, providing data technology and software solutions, previously known as WiSA Technologies, Inc. [6]

Core Insights - Strive has acquired 72 bitcoin (BTC) for approximately $8.26 million, funded through the exercise of traditional warrants from a previous PIPE financing transaction [1][2] - This purchase increases Strive's total bitcoin holdings to about 5,958 BTC, with a cumulative investment of $691.3 million and an average purchase price of $116,032 per bitcoin [2] - The warrants exercised to fund this purchase were part of a larger issuance of 555.3 million under a $750 million PIPE financing [3] Financial Details - The recent bitcoin acquisition was made at an average price of $114,303 per coin [1] - The exercise of approximately 6.11 million traditional warrants at $1.35 per share generated about $8.26 million in gross proceeds [2] - Following the recent surge in share price, Strive's shares experienced a premarket decline of 13.5% after doubling in value over the previous two sessions [3]

Core Viewpoint - Strive has transitioned to focus on becoming a Bitcoin asset management company, significantly increasing its stock value and Bitcoin reserves [1] Company Summary - Strive's stock surged by 35% on Monday and has accumulated a total increase of 92% over three trading days, reaching a price of $1.49 [1] - The company currently holds approximately 10,900 Bitcoins, valued at $1.26 billion, making it one of the largest Bitcoin reserves [1] Industry Summary - The price of Bitcoin has recently rebounded, exceeding $115,000, which benefits companies like Strive that are focused on Bitcoin asset management [1]

Core Insights - Strive Asset Management and Semler Scientific stocks experienced significant premarket gains, with Strive rising approximately 30% to $1.46 and Semler increasing 18% to $28.40, driven by the merger announcement of the two bitcoin treasury companies [1][3] Group 1: Stock Performance - Strive's shares surged about 30% to $1.46, while Semler's stock rose 18% to $28.40 in premarket trading [1] - The rally followed investor Mike Alfred's announcement of acquiring over 1 million shares of Strive [1] - The WallStreetBets community has shown increased interest in Strive, listing it among the top-trending tickers with over 100 mentions [2] Group 2: Merger Details - Strive announced an all-stock acquisition of Semler Scientific, valuing Semler at a 210% premium, or $90.52 per share based on the previous Friday's close [3] - Each Semler share will convert into 21.05 shares of Strive upon the deal's completion [3] Group 3: Market Reaction - Following the merger announcement, both stocks faced a decline, with ASST trading below $0.80 per share at one point, nearly 50% below the bitcoin value on its balance sheet [4] - The combination of low valuation, a rebound in bitcoin prices, and Alfred's tweet contributed to the recent stock price surge [4]

Group 1 - Strive Asset Management's shares surged 40% in overnight trading, following a 27% increase in the previous session, resulting in a year-to-date increase of 124% [1][4] - The stock rally is attributed to high-profile acquisitions and executive appointments, positioning Strive as a leading "Bitcoin treasury company" amid renewed bullish sentiment in the cryptocurrency market [4][5] - The firm announced a $1.34 billion all-stock merger with Semler Scientific, adding 5,816 Bitcoin to its balance sheet, bringing total holdings to nearly 11,000 BTC, valued at approximately $675 million [5][6] Group 2 - Strive also agreed to acquire True North, a Bitcoin media and education platform, with key appointments including Jeff Walton as Chief Risk Officer and Ben Werkman as Chief Investment Officer [6] - The company raised $750 million in May to fund Bitcoin purchases, indicating a strategic shift towards digital assets over traditional investments [6][8] - Strive's stock has shown significant volatility, previously experiencing a 32% sell-off after an SEC filing revealed plans to register 1.28 billion new shares, with analysts noting that the stock's movements can be four to five times more volatile than Bitcoin [7]

Core Viewpoint - Strive Inc. has experienced significant stock price increases, driven by its strategic pivot to Bitcoin asset management and growing retail investor interest [1][2][6]. Group 1: Company Overview - Strive Inc. was founded by Vivek Ramaswamy as an "anti-woke" and "anti-ESG" asset manager, aiming to counter the politicization of corporate America by major asset managers like BlackRock, State Street, and Vanguard [1]. - The company recently merged with Asset Entities Inc. and continues to trade under the ticker symbol ASST on NASDAQ [2]. Group 2: Bitcoin Strategy - Strive has shifted focus to becoming a Bitcoin-centric asset manager, acquiring Semler Scientific Inc. in an all-stock deal and adding over 5,000 Bitcoins to its treasury [2]. - The company now holds approximately 10,900 Bitcoins, valued at $1.26 billion, making it one of the largest Bitcoin treasuries [3]. Group 3: Financial Activities - Strive is raising $1.5 billion through private placement financing and exercising available warrants to fund its Bitcoin acquisitions [3]. - The stock faced a pullback after the company filed to register nearly 1.3 billion new shares, raising concerns about potential dilution among existing shareholders [4]. Group 4: Retail Investor Engagement - The stock's recent rally was influenced by independent investor Mike Alfred, who purchased 1 million shares and promoted Strive as a promising Bitcoin treasury company [5]. - Following Alfred's announcement, Strive became the second most trending stock on Reddit and fifth on Yahoo Finance, indicating increased retail interest [6].

Core Insights - The PIPE model appears to be failing for bitcoin treasury companies, as evidenced by the significant decline in share prices of KindlyMD (NAKA) and Strive (ASST) following their PIPE transactions [1][3]. PIPE Financing Overview - A PIPE (Private Investment in Public Equity) is a financing mechanism allowing institutional investors to purchase shares directly from a publicly traded company at a predetermined price, typically below market value, facilitating quicker capital raising compared to traditional public offerings [2]. - PIPE transactions are commonly utilized by companies undergoing reverse mergers or SPACs and have gained popularity among bitcoin treasury companies aiming to expand their bitcoin holdings rapidly [3]. Case Study: KindlyMD (NAKA) - KindlyMD (NAKA) completed a reverse merger in May 2025, with Nakomoto becoming a wholly owned subsidiary and David Bailey as CEO, raising $563 million through a PIPE financing deal primarily for bitcoin purchases [5]. - The total financing for NAKA reached $763 million, including a $200 million senior secured convertible note [6]. - NAKA acquired 21 BTC for $2.3 million in July and 5,743 BTC for $679 million in August, but its stock price plummeted over 95% from $30 to $0.80 since the reverse merger, with its market net asset value (mNAV) falling below 1 [7][8]. Case Study: Strive (ASST) - Strive (ASST), founded by Vivek Ramaswamy, adopted a PIPE strategy through a SPAC merger with Asset Entities, announced in May and completed in September [8].

Core Insights - Strive, Inc. has appointed Ben Werkman as Chief Investment Officer, reporting to CEO Matt Cole, to enhance its investment strategy and Bitcoin initiatives [1][3][4] Company Overview - Strive is the first publicly traded asset management Bitcoin treasury company, aiming to increase Bitcoin per share and outperform Bitcoin over the long term [5] - Since launching its first ETF in August 2022, Strive has grown to manage over $2 billion in assets [5] Leadership and Expertise - Ben Werkman is a recognized Bitcoin advocate with extensive experience in corporate Bitcoin strategy, treasury strategy, capital allocation, and risk management [2] - Prior to joining Strive, Werkman served as CIO at Swan Bitcoin and founded NumerisX, a Bitcoin treasury advisory firm [2] Strategic Focus - In his new role, Werkman will oversee Strive's investment strategy, focusing on capital deployment, risk management frameworks, and advancing Bitcoin initiatives [3] - CEO Matt Cole expressed confidence in Werkman's ability to enhance strategic decision-making and communications to achieve the company's goals [4]

Core Insights - Premarket trading is showing notable activity with early price movements indicating potential opportunities before the market opens [1] Premarket Gainers - Galaxy Payroll Group Limited (GLXG) increased by 39% to $5.34 - Lithium Americas Corp. (LAC) rose by 31% to $7.52 - Senmiao Technology Limited (AIHS) gained 22% to $2.45 - The AES Corporation (AES) saw a 10% increase to $14.53 - Strive, Inc. (ASST) also increased by 10% to $2.77 - Shoulder Innovations, Inc. (SI) rose by 9% to $13.78 - Top KingWin Ltd (WAI) increased by 8% to $3.80 - Southland Holdings, Inc. (SLND) saw a 7% increase to $4.61 - CaliberCos Inc. (CWD) rose by 6% to $4.75 - Mannatech, Incorporated (MTEX) increased by 5% to $10.53 [3] Premarket Losers - Real Messenger Corporation (RMSG) decreased by 16% to $2.01 - Etoiles Capital Group Co., Ltd (EFTY) fell by 14% to $14.45 - Enanta Pharmaceuticals, Inc. (ENTA) dropped by 13% to $10.41 - CollPlant Biotechnologies Ltd. (CLGN) saw an 11% decrease to $2.39 - Fortress Biotech, Inc. (FBIO) declined by 10% to $3.30 - Uni-Fuels Holdings Limited (UFG) fell by 9% to $7.52 - Alset Inc. (AEI) decreased by 9% to $2.30 - JFB Construction Holdings (JFB) saw a 5% decline to $12.20 - SHF Holdings, Inc. (SHFS) dropped by 5% to $6.80 - Phio Pharmaceuticals Corp. (PHIO) decreased by 5% to $2.34 [4]