Strive Stock’s Bitcoin Play Grows, Traders Eye the Open
Strive Inc. Class A shares moved up in premarket trade Friday, building on Thursday’s jump with traders still pushing into the bitcoin-treasury angle going into Memorial Day weekend. ASST changed hands at $19.24 ahead of the open, according to Google Finance, after closing at $18.53 on Thursday, up 9.13%. U.S. equity markets will be shut Monday, May 25, for Memorial Day, per the Nasdaq holiday schedule. Strive isn’t being valued just as a fund manager anymore. A Form 8-K filed May 19 with the SEC showed Strive purchased 381.61 bitcoin between May 13 and May 18 at an average price near $79,348, fees included, bringing its bitcoin treasury up to 15,391 coins.