Earnings summaries and quarterly performance for Strive.
Research analysts covering Strive.
Recent press releases and 8-K filings for ASST.
Strive Closes Upsized Preferred Stock Offering and Retires Debt
ASST
Convertible Preferred Issuance
New Projects/Investments
- Strive, Inc. closed an upsized and oversubscribed follow-on offering of 1,320,000 shares of Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at $90 per share, generating approximately $109.2 million in net proceeds.
- The company retired $90 million of Semler Convertible Notes by exchanging them for approximately 930,000 shares of SATA Stock and used offering proceeds to retire a $20 million loan with Coinbase Credit Inc., totaling $110 million of the $120 million debt from the Semler Scientific acquisition.
- Strive intends to retire the remaining $10 million of Semler Scientific debt by April 2026, having retired approximately 92% of the debt within two weeks of the acquisition.
- As of January 28, 2026, Strive acquired an additional 333.89 Bitcoin at an average price of $89,851, bringing its total holdings to 13,131.82 Bitcoin and positioning it as the tenth largest public corporate holder of Bitcoin globally.
7 days ago
Strive Announces Pricing of Upsized Follow-On Offering and Concurrent Notes Exchange
ASST
Dividends
New Projects/Investments
- Strive, Inc. priced an upsized follow-on offering of 1,320,000 shares of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at $90 per share, anticipating gross proceeds of approximately $118.8 million.
- The company also announced plans to exchange $90 million of Semler Convertible Notes for approximately 930,000 newly issued shares of SATA Stock.
- Proceeds from the offering and cash on hand will be used to finance the redemption of Semler Convertible Notes and Semler Scientific's borrowings, acquire bitcoin, and for general corporate purposes, aiming to return to a perpetual-preferred only amplification model.
- The SATA Stock will pay a monthly regular dividend at an annual rate of 12.25%, with the first payment scheduled for February 15, 2026.
Jan 22, 2026, 6:25 PM
Strive Announces Proposed Follow-On Offering of Preferred Stock
ASST
Dividends
New Projects/Investments
- Strive, Inc. announced a proposed $150 million public follow-on offering of its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) on January 21, 2026.
- The company intends to use the net proceeds primarily to finance the redemption of Semler Convertible Notes and borrowings from Coinbase Credit Inc., aiming to return to a perpetual-preferred only amplification model.
- A portion of the proceeds will also be used for the acquisition of bitcoin and bitcoin-related products and for general corporate purposes.
- The SATA Stock will pay monthly cumulative dividends at an initial rate of 12.25% per annum, starting February 15, 2026, with the company having the right to adjust the rate to maintain a target trading range of $95 to $105 per share.
Jan 21, 2026, 10:14 PM
Strive Completes Acquisition of Semler Scientific
ASST
M&A
New Projects/Investments
- Strive, Inc. completed the acquisition of Semler Scientific on January 16, 2026, resulting in Semler Scientific becoming a wholly-owned subsidiary of Strive.
- Following the acquisition, Strive now holds approximately 12,797.9 bitcoin, making it the #11 largest public corporate holder of bitcoin globally.
- Strive intends to monetize Semler Scientific's operating business by expanding its mandate in early disease detection products.
- Each share of Semler Scientific common stock was converted into the right to receive 21.05 shares of Strive Common Stock.
Jan 16, 2026, 9:47 PM
Strive completes Semler Scientific acquisition
ASST
M&A
Board Change
Management Change
- Strive, Inc. has successfully completed its previously announced acquisition of Semler Scientific.
- Following the acquisition, Strive now holds approximately 12,797.9 bitcoin, becoming the #11 largest public corporate holder of bitcoin globally.
- Avik Roy was appointed Chief Strategy Officer of Strive, with an initial focus on monetizing Semler Scientific's operating business by expanding its early disease detection products.
- Eric Semler, former chairman of Semler Scientific, joined Strive as an independent board member, and Joe Burnett joined Strive as VP of Bitcoin Strategy.
Jan 16, 2026, 1:40 PM
Strive, Inc. Announces Shareholder Approval for Semler Scientific Acquisition, Bitcoin Holdings Update, and Reverse Stock Split
ASST
M&A
Proxy Vote Outcomes
Convertible Preferred Issuance
- Strive, Inc. (ASST) announced that Semler Scientific (SMLR) stockholders approved its acquisition by Strive, with the transaction expected to close on or about January 16, 2026.
- As part of the all-stock transaction, Strive will acquire Semler Scientific's 5,048.1 Bitcoin. Additionally, Strive recently purchased 123 Bitcoin for $11,264,000, bringing its total holdings to 7,749.8 Bitcoin. Upon completion of the acquisition, the combined company will hold 12,797.9 Bitcoin, making it the 11th largest corporate holder.
- The board approved a 1-20 reverse stock split for the Class A and Class B common stock of the combined company to align its share price with institutional participation standards.
- Strive intends to monetize Semler Scientific's operating business and pursue opportunities to retire Semler Scientific's $100 million convertible note and $20 million Coinbase loan within 12 months of the transaction close.
Jan 13, 2026, 5:02 PM
Strive Shareholders Approve Semler Scientific Acquisition
ASST
M&A
Proxy Vote Outcomes
Convertible Preferred Issuance
- Strive, Inc. shareholders have approved the all-stock acquisition of Semler Scientific, Inc., which includes acquiring Semler Scientific's 5,048.1 Bitcoin.
- Following the acquisition and Strive's recent purchase of 123 additional Bitcoin, the combined company will hold 12,797.9 Bitcoin, positioning it as the 11th largest corporate holder.
- Strive intends to monetize Semler Scientific's operating business and pursue opportunities to retire its $100 million convertible note and $20 million Coinbase loan within 12 months of the transaction close.
- A 1-20 reverse stock split for the Class A and Class B common stock of the combined company has been approved to align the share price with institutional participation standards.
Jan 13, 2026, 5:02 PM
Strive, Inc. Announces Acquisition of Semler Scientific, Inc.
ASST
M&A
Accounting Changes
New Projects/Investments
- Strive, Inc. (ASST) has entered into an Agreement and Plan of Merger to acquire Semler Scientific, Inc. (SMLR), with Strive being deemed the accounting acquirer.
- Pursuant to the merger agreement, each share of Semler common stock will be converted into the right to receive 21.05 shares of Strive Class A common stock.
- The estimated purchase price consideration for the Semler Merger is $471,739,943, based on 318,743,205 shares of Strive Class A common stock to be issued to Semler stockholders at a price of $1.48 per share.
- Unaudited pro forma combined consolidated financial statements are included, reflecting the merger as if it occurred on January 1, 2024, for statements of operations, and on September 30, 2025, for the balance sheet.
Nov 14, 2025, 9:23 PM
Strive, Inc. Announces Third Quarter 2025 Financial Results
ASST
Earnings
M&A
Convertible Preferred Issuance
- Strive, Inc. reported a GAAP net loss of $192.3 million, or $0.22 per diluted common share, for the period from September 12, 2025 to September 30, 2025. The non-GAAP adjusted net loss for the same period was $13.0 million, or $0.01 per diluted common share.
- As of September 30, 2025, the company held 5,886 Bitcoin with a fair value of $672.9 million. By November 7, 2025, the reported holdings increased to 7,525 Bitcoin.
- The company consummated the reverse acquisition of Asset Entities Inc. and concurrently raised $762.6 million through PIPE financing and warrant exercises through September 30, 2025.
- Strive announced an agreement to acquire Semler Scientific, Inc. in an all-stock transaction.
- On November 10, 2025, Strive completed a registered public offering of 2,000,000 shares of its Variable Rate Series A Perpetual Preferred Stock, generating net proceeds of approximately $149.3 million.
Nov 14, 2025, 9:04 PM
Strive, Inc. Announces Bitcoin Acquisition and Increased Holdings
ASST
New Projects/Investments
Convertible Preferred Issuance
- Strive, Inc. purchased approximately 1,567.2 bitcoin for a total of $161,912,220 between October 28, 2025, and November 9, 2025, at an average price of $103,315.46 per bitcoin.
- This acquisition was financed using net proceeds from the issuance of 2,000,000 shares of Variable Rate Series A Perpetual Preferred Stock and proceeds from warrant exercises.
- Following these transactions, Strive's total bitcoin holdings increased to approximately 7,525 bitcoin, with a total acquisition cost of $853,218,300 and an average acquisition price of $113,384.18 per bitcoin.
Nov 10, 2025, 2:39 PM
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