Core Viewpoint - The cryptocurrency-related stocks in the US experienced a significant decline, reflecting a broader downturn in the cryptocurrency market, particularly with Bitcoin and Ethereum prices dropping sharply [1]. Group 1: Stock Performance - Cypherpunk Technologies (CYPH.US) fell nearly 14% [1] - Strive (ASST.US) and IREN (IREN.US) both dropped over 6% [1] - Bitmine Immersion Technologies (BMNR.US) and Bitfarms (BITF.US) declined by more than 4% [1] Group 2: Cryptocurrency Market - Bitcoin price decreased by 2%, currently at $86,451 [1] - Ethereum price fell by 2.7%, currently at $2,872 [1]

Group 1 - Semler Scientific CEO Douglas Murphy Chutorian filed to sell up to $30 million worth of shares, indicating a potential desire to monetize equity before the merger completion [1] - The filing reveals the intent to sell up to 1.52 million shares at a price of $20.02 per share, based on the closing price on the day prior to the filing [1] - Semler announced a merger offer with Strive at a 210% premium to its stock price, valued at $471 million, which led to a 24% increase in stock price on the announcement day [1] Group 2 - The all-stock merger structure will primarily compensate Semler shareholders with Strive's equity, aligning ownership interests post-acquisition [2] - This type of merger can enhance liquidity for shareholders while concentrating governance within the combined entity [2] - Strive recently raised $149.3 million through an upsized and oversubscribed initial public offering of its Variable Rate Series A Perpetual Preferred Stock [2]

Core Viewpoint - U.S. cryptocurrency-related stocks experienced a pre-market rise, indicating positive market sentiment towards the sector [1]. Group 1: Stock Performance - IREN Ltd saw a pre-market increase of 4.70% [2] - Bitdeer Technologies rose by 4.18% [2] - HIVE Digital Technologies increased by 3.32% [2] - 嘉楠科技 (Canaan Inc.) gained 3.13% [2] - Other notable increases include Faraday Future Intelligent (2.97%), DeFi Development (2.94%), and Cipher Mining (2.79%) [2]. Group 2: Overall Market Sentiment - The overall trend in the cryptocurrency sector appears to be bullish, with multiple companies showing significant pre-market gains [1][2].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 75201 (Zip Code) (855) 427-7360 (Registrant's telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: For the transition period from to Commis ...

Core Insights - Strive, Inc. has reported significant progress in its Bitcoin accumulation strategy, becoming the first publicly traded Bitcoin treasury asset management firm following a reverse acquisition of Asset Entities Inc. [3][4] - The company raised $762.6 million through a PIPE financing transaction and plans to acquire Semler Scientific, Inc. to enhance shareholder value and Bitcoin exposure [3][4] - Strive's financial results for Q3 2025 show a GAAP net loss of $192.3 million, primarily due to non-recurring and non-cash items [4][9] Financial Performance - Strive accumulated 5,886 Bitcoin at a total cost of $683.0 million, with a fair value of $672.9 million as of September 30, 2025, increasing to 7,525 Bitcoin by November 7, 2025 [4][9] - The company reported total revenues of $255,000 for the period from September 12, 2025, to September 30, 2025, with investment advisory fees contributing $246,000 [9][12] - Operating expenses totaled $19.5 million, leading to a net operating loss of $44.1 million for the same period [9][12] Capital Structure and Financing - Strive completed a public offering of 2,000,000 shares of Variable Rate Series A Perpetual Preferred Stock, generating net proceeds of approximately $149.3 million [4][9] - The company has the potential to raise an additional $736.6 million through the exercise of remaining warrants [4] - Strive's total assets reached $792.6 million as of September 30, 2025, compared to $28.2 million at the end of the previous year [6][7] Strategic Initiatives - The merger with Semler Scientific is expected to create synergies between Strive's Bitcoin strategy and Semler's medical device business, enhancing future value for shareholders [3][4] - Strive aims to implement a new executive leadership structure for Semler to focus on preventative healthcare, mirroring successful models from the biotech sector [4] - The company has launched a Bitcoin treasury dashboard on its website to provide ongoing information about its Bitcoin holdings and financial metrics [4]

Exhibit 99.1 Strive, Inc. Announces Third Quarter 2025 Financial Results DALLAS, TX., November 14, 2025 - Strive, Inc. (Nasdaq: ASST) ("Strive" or the "Company"), the first Bitcoin treasury company amplified exclusively with perpetual preferred equity, today announced its financial results for the third quarter ended September 30, 2025. Third Quarter 2025 Highlights: "In the third quarter, Strive achieved significant milestones in its Bitcoin accumulation journey, including the close of our reverse acquisit ...

Group 1: Bitcoin-linked Equities Performance - Bitcoin-linked equities experienced a decline as Bitcoin dropped below $100,000, trading at $96,485, down 4% [1] - Among the companies, Nakamoto Holdings (NAKA) fell the most at 6%, while Strategy (MSTR) and Strive (ASST) decreased by 4% and 2% respectively [1] Group 2: Nakamoto Holdings (NAKA) Analysis - NAKA's stock has faced significant selling pressure, with a 94% drop since July 1 and a 44% decline year-to-date as of mid-October [2] - The selloff was attributed to a $5 billion at-the-market equity offering, a $30 million investment in Metaplanet (MPTLF), and insider sales following the expiration of PIPE lock-ups [2] Group 3: Strategy (MSTR) Developments - Strategy has been recognized as a bellwether for the industry, recently receiving a B- issuer credit rating from S&P, which is expected to open new credit markets for the firm as it continues to purchase Bitcoin [3] Group 4: Strive (ASST) Capital Expansion - Strive is working to expand its capital base after completing a $149.3 million oversubscribed SATA initial public offering [4] - Despite a 76% decline over the last 6 months, Strive's stock remains up 131% year-to-date [4]

Core Insights - Strive Inc (NASDAQ:ASST) has raised $149.3 million through an offering of 2 million shares of its Variable Rate Series A Perpetual Preferred Stock, SATA, to acquire 1,567 Bitcoin, increasing its total holdings to 7,525 Bitcoin, positioning it as a top corporate holder [1] - The stock price of Strive has increased by 2% to $1.54, despite a significant decline in September and October, it remains up 215% year-to-date [2] - The company has attracted notable options activity, with 6,395,981 calls and 285,683 puts exchanged in the last 10 days, indicating strong interest from options traders [4] Options Activity - Strive Inc made a rare appearance on a list of stocks with the highest options volume, with the most activity centered around the weekly 10/31 1.50-strike call [4] - In comparison to other stocks, Strive's total options volume of 6,681,664 ranks it among the top stocks for options trading in the past 10 days [5]

Core Insights - Strive, Inc. successfully closed its initial public offering of 2,000,000 shares of Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at a price of $80 per share, with trading expected to begin on Nasdaq under the ticker symbol "SATA" [1][2] - The IPO was upsized from an initial target of 1.25 million shares due to strong investor demand, despite Bitcoin's recent dip below $100,000 [1][2] - The proceeds from the offering will be used for Bitcoin accumulation and general corporate purposes, including working capital [1][6] Company Overview - Strive is the first Bitcoin treasury company to finance its Bitcoin amplification exclusively through perpetual preferred equity, and the second overall to issue a publicly traded perpetual preferred equity security [2] - The company holds approximately 7,525 Bitcoin as of November 10, 2025, having acquired 1,567 Bitcoin at an average price of $103,315 [6][7] - Strive has grown to manage over $2 billion in assets since launching its first ETF in August 2022 [7] Financial Structure - The SATA Stock features cumulative dividends at a variable rate, initially set at 12%, payable monthly when declared [2][3] - The initial liquidation preference for the SATA Stock is $100 per share, with regular dividends payable on the 15th of each month starting December 15, 2025 [2][3] - The company aims to maintain the trading price of SATA Stock within a long-term range of $95 to $105 per share [3] Strategic Focus - Strive emphasizes a disciplined approach to its capital structure, applying advanced risk controls to its Bitcoin-based balance sheet [3] - The company intends to align traditional finance principles with the future of digital capital through its innovative financial instruments [3]

Core Viewpoint - Strive, Inc. has announced the upsizing and pricing of its initial public offering of 2,000,000 shares of Variable Rate Series A Perpetual Preferred Stock at a price of $80 per share, raising approximately $160 million in gross proceeds [1][2]. Offering Details - The offering includes an increase of 750,000 shares from the previously announced amount, with settlement scheduled for November 10, 2025 [1]. - The net proceeds will be used for general corporate purposes, including the acquisition of bitcoin, working capital, and share repurchases [2]. Dividend Structure - The SATA Stock will have a stated amount of $100 per share and will accumulate cumulative dividends at a variable rate, starting with an initial monthly dividend rate of 12.00% [3]. - Dividends will be payable monthly in arrears, beginning December 15, 2025, and can be adjusted by the company under certain conditions [3]. Dividend Reserve - At the closing of the offering, Strive plans to establish a dividend reserve equal to the first 12 months of dividend payments, amounting to $12.00 per share of SATA Stock [4]. Redemption Rights - Strive has the right to redeem the SATA Stock at a cash redemption price of $110 per share after the stock is listed on a major exchange, with certain conditions for redemption [5][6]. - Redemption can occur if the total number of outstanding shares falls below 25% of the original issuance or if specific tax events occur [6]. Liquidation Preference - The initial liquidation preference for the SATA Stock is set at $100 per share, with adjustments based on market conditions [8]. 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].