Strive (ASST) Stock Soars Follows $1.3B Merger and Bitcoin Buying Spree
Strive ASST stock jumped 27% on Bitcoin deals including a $1.34B Semler merger and 11,000 BTC holdings.
TLDR
Strive (ASST) stock jumped 27% on October 24, 2025, closing at $1.10 as investors reacted to multiple Bitcoin-related acquisitions and strategic moves.
The company announced an all-stock merger with Semler Scientific valued at $1.34 billion, adding 5,816 BTC to bring combined holdings to nearly 11,000 Bitcoin.
Strive acquired True North Inc., a Bitcoin media platform, and named founder Jeff Walton as Chief Risk Officer while expanding its board.
The Dallas-based firm raised $750 million in May 2025 to fund Bitcoin purchases and appointed crypto veteran Ben Werkman as Chief Investment Officer in early October.
An October 10 SEC filing revealing plans to register 1.28 billion new shares sent the stock crashing 32% in after-hours trading before the recent rebound.
Strive Asset Management stock climbed 27% on October 24, 2025, closing at $1.10. The rally came as investors processed a flurry of Bitcoin-focused deals.$Strive(ASST)$
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