Maxim Lowers its Price Target on Strive Asset Management (ASST) to $20

Core Viewpoint - Strive Asset Management, LLC (NASDAQ: ASST) is recognized as a small-cap stock that insiders are actively purchasing, despite a recent price target reduction by Maxim to $20 from $30, maintaining a Buy rating due to its Bitcoin accumulation narrative and strong balance sheet [1][5]. Financial Performance - As of March 19, 2026, Strive Asset Management reported an adjusted EPS of ($4.73) and revenue of $1.5 million, while holding 13,628 bitcoins as of March 17, 2026 [2]. - The company emphasizes its focus on digital credit as a significant market opportunity, with its SATA product designed to provide yield with limited volatility [2]. Analyst Coverage - B. Riley analyst Fedor Shabalin initiated coverage on Strive Asset Management with a Buy rating and a price target of $12, highlighting the company's compelling business model that combines bitcoin treasury and asset management [3].

Maxim Lowers its Price Target on Strive Asset Management (ASST) to $20 - Reportify