Strive signals new Bitcoin buy as ASST hits yearly high

Strive has signaled another possible Bitcoin purchase after raising its holdings to 23,156 BTC, while its Nasdaq-listed ASST shares have climbed above $27 to a new yearly high. Summary CEO Matt Cole posted Strive’s Bitcoin tracker, a step that has preceded earlier purchase announcements. Strive holds 23,156 BTC after buying 1,800 coins for approximately $143 million. ASST has gained more than 78% this year and nearly 120% over the past month. SATA’s return to its $100 par value could give Strive another route to finance Bitcoin purchases. Strive Bitcoin purchase hint follows $143 million deal Matt Cole, Strive’s chairman and CEO, posted the company’s Bitcoin portfolio tracker on X with the message, “Wall-breaking season at Strive,” raising expectations that another acquisition could be disclosed shortly. Strive has used similar tracker posts before announcing additions to its Bitcoin treasury. Cole did not state how many coins the company may have purchased, how much it may have spent, or when a transaction took place, leaving any new acquisition unconfirmed until Strive releases an announcement or filing. The hint follows Strive’s purchase of 1,800 BTC between Aug. 24 and Aug. 28....