Strive shares soar 33% on Monday after Mike Alfred announced stake of over 1 million shares

Core Insights - Value investor Mike Alfred acquired over 1 million shares of Strive Asset Management (ASST), with an initial investment of nearly $1 million [1] - Following Alfred's announcement, ASST shares surged, closing up 27% on the day of the announcement and jumping another 33% the following Monday [2][3] - Since October 22, ASST shares have increased by 86%, rising from $0.78 to $1.47 per share [3] Company Developments - Strive Asset Management is in the process of acquiring Semler Scientific at a 210% premium, which indicates aggressive growth strategies [5] - The leadership of Strive Asset Management actively engaged with the market by retweeting Alfred's announcement, which contributed to the stock's rally [2] Investor Background - Mike Alfred is recognized for his successful investments, including a significant position in IREN, a Bitcoin mining and AI data center company, which has seen a year-to-date increase of over 500% [4] - Alfred's recent appointment to the Board of Bakkt (BKKT) has also led to a doubling of BKKT shares since his involvement [4]