Market Performance
Strive (ASST) closed up 13.64 % during the 24‑hour period ending at 10:38 PM Central Europe on Thursday, 22 June 2026. The share price reached USD 29.03 on major exchanges.
- Shares outstanding: 91.7 million
- Market capitalization: USD 2.8 billion
- Volume traded in last 24 h: USD 437.8 million
- Month‑end change: 4.77 % up since the previous month‑end
- 200‑day simple moving average: USD 16.22
- 52‑week high: USD 36.20 (27 Oct 2025)
- 52‑week low: USD 7.02 (24 Feb 2026)
Corporate Action
Strive, Inc. announced the completion of an upsized initial public offering of 7 million shares of its 15 % Series A Perpetual SATS Preferred Stock. Key details include:
| Item | Value |
|---|---|
| Gross proceeds | Approximately USD 630 million |
| Issue price | USD 90 per share |
| Nasdaq ticker for new shares | SATS |
| Initial cash dividend | USD 0.8710 per share |
| Daily dividend (from November) | USD 0.0658 |
| Dividend rate | 15 % on the $100 stated value |
| Use of proceeds | General corporate purposes, including potential Bitcoin acquisitions, income‑generating assets, working capital, and share repurchases |
| Strategic note | Adds a preferred layer below existing SATA preferred stock, supporting the company’s Bitcoin‑focused capital strategy |
Related Stock Movements (24 Hours)
| Ticker | Change | Current Price (USD) | Market Cap (USD bn) | P/E Ratio |
|---|---|---|---|---|
| FIGS | +0.6 % | 20.46 | 3.3 | 60.9 |
| AVPT | +3.22 % | 16.08 | 3.3 | 49.71 |
| HNI | –1.96 % | 48.21 | 3.3 | 678.06 |
| SFNC | +0.53 % | 23.32 | 3.3 | 12.58 |
| ARLP | +0.39 % | 25.85 | 3.3 | 12.49 |
Additional Context on AvePoint (AVPT)
On 20 Oct 2026, AvePoint, Inc. filed a Form 144 for the sale of 72,606 shares, originally acquired as restricted stock units in 2022 and 2024. The sale was executed through a broker‑dealer on the same day. Over the past three months, Chief Legal Officer Brian Michael Brown has sold shares in multiple batches, with gross proceeds in the hundreds of thousands. These transactions are recorded under a Rule 144 plan and do not indicate abnormal trading activity.
Company Overview
Asset Entities Inc. is a technology firm offering social media marketing, content delivery, and community server management services across multiple platforms. The company operates primarily in the United States and maintains a web presence at www.assetentities.com . Strive’s shares have been listed on the Nasdaq exchange since its IPO on 2 Feb 2023.
