Key Insights ASST stock price fell 5% as Strive bought 124 more Bitcoin. Strive stock opened at $22.33, then fell below its previous close. Bitcoin price averaged $80,526 across Strive’s repo
The ASST stock price fell 5% to $21.08 during the session as Strive disclosed another Bitcoin purchase. Notably, during this press conference, the Bitcoin price sat just below $77,000.
Strive stock lost $1.11 from the previous close of $22.19, even as the company added 124 BTC for $10 million.
Data showed an opening price of $22.33, above the previous close. The chart then traced a decline from above $23 for ASST stock price, with a brief recovery near $22.20 before prices moved lower again. At 2:05 p.m. EST, the stock was trading at $21.08.
ASST stock price after Strive bought Bitcoin | Source: Yahoo Finance
The Yahoo Finance screenshot lists a daily range of $21.33$22.54. The page also listed an intraday market capitalization of $2.721 billion.
Trading volume reached 3,718,112 shares, compared with an average volume of 8,365,464. The displayed 52-week range ran from $7.02 to $34.40.
Other figures on the page included a beta of 13.31 and trailing 12-month earnings per share of negative $204.80. The one-year target estimate stood at $41, while Zacks assigned the stock a Neutral rating.
Against that trading backdrop, Strive reported acquiring 124 BTC for $10 million at an average Bitcoin purchase price of $80,526 per coin. The purchase brought its total holdings to 43,124 BTC. The company said existing cash funded most of the acquisition.
Strive also used its SATS ATM program for the first time. SATS accounted for 100% of the company’s weekly ATM proceeds, according to the information provided. Strive reported no new SATA sales during the week. It also paid its 103rd dividend on time and reported an amplification ratio of 62.7%.
Investment strategist Rosanna Prestia assessed the ASST stock price at 0.84 times the value of Strive’s Bitcoin holdings. She described that valuation as a 16% discount. Prestia also noted that the shares had fallen 23% in one week while Strive continued buying Bitcoin.
Separately, the X account @Micro2Macr0, identified as a macroeconomist, cited 237% organic growth for 2026. The account said the figure included dilution and Bitcoin purchase details.
Meanwhile, Strategy reported a separate purchase of 811 BTC for $65.5 million. Its average Bitcoin price in the purchase was $80,846, bringing total holdings to 849,327 BTC. The company also sold 1.18 million MSTR shares, raising $164 million.
Of that amount, Strategy allocated $98.5 million to USD cash. It repurchased $208.2 million of STRC preferred shares during the week. Strategy listed a USD reserve of $4.79 billion, alongside another $132.7 million in USD cash.
MSTR stock price also slipped as Strategy reported third-quarter 2026 results. Revenue totaled $125.4 million, down 3% from a year earlier and below the $127.2 million analyst estimate. Earnings per share reached $44.75, compared with the $8.17 consensus estimate.
The post ASST Stock Price Drops 5% as Strive Adds 124 Bitcoin appeared first on The Coin Republic.
