Dow Jumps Over 200 Points; US Initial Jobless Claims Fall
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 08 2025
0mins
Should l Buy ASST?
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks rose this morning, with the Dow Jones gaining over 200 points, while energy shares increased by 1.3% and health care stocks fell by 0.9%.
Economic Indicators: Initial jobless claims in the U.S. decreased by 13,000 to 228,000, and labor productivity in the nonfarm business sector declined by 0.8%, with unit labor costs increasing by 5.7% in the first quarter.
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Analyst Views on ASST
Wall Street analysts forecast ASST stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 16.790
Low
30.00
Averages
30.00
High
30.00
Current: 16.790
Low
30.00
Averages
30.00
High
30.00
About ASST
Strive, Inc. is an asset management Bitcoin treasury company. The Company is focused on increasing Bitcoin per share to outperform Bitcoin over the long run. The Company's subsidiary, Strive Asset Management, LLC, is a SEC-registered investment adviser, which has assets under management (AUM) across approximately 13 exchange-traded funds, collective investment trusts, and a direct indexing platform. In addition, the Company owns Semler Scientific, Inc., a healthcare technology subsidiary focused on early disease detection products. Through its healthcare businesses, Semler Scientific and its wholly-owned subsidiary, CardioVanta, Inc. develop and market products and services for early detection and monitoring of chronic diseases. Semler Scientific's flagship product, QuantaFlo, provides rapid point-of-care testing to measure arterial blood flow in the extremities. The QuantaFlo test aids in the diagnosis of peripheral arterial disease.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Asset Entities Q1 Financial Report Analysis
- Financial Performance: Asset Entities reported a Q1 Non-GAAP EPS of -$5.19, indicating significant financial challenges despite a 94.4% year-over-year revenue increase to $2.76 million, which may undermine investor confidence.
- Revenue Growth: The $2.76 million revenue, while overshadowed by losses, highlights the company's growth potential in the market, particularly against the backdrop of Bitcoin's role as a treasury asset, potentially attracting more investor interest.
- Market Reaction: Following the earnings report, Asset Entities' shares fell by 1%, reflecting market concerns regarding its financial health, which could lead to increased selling pressure from investors in the short term.
- Industry Dynamics: Strive Asset Management's sustained bearish outlook on Bitcoin indicates a lack of confidence in the cryptocurrency market, which may adversely affect the stock performance of related companies, especially small and micro-cap firms.
See More
STRIVE INC - DISCLOSES BITCOIN HOLDINGS OF 15,000 BTC AS OF MAY 1, 2026 - SEC FILING
- Bitcoin Treasury Holdings: As of May 1, 2026, the Bitcoin treasury is reported to hold 15,000 Bitcoin.
- SEC Filing: The information regarding the Bitcoin treasury holdings has been disclosed in a filing with the SEC.
See More
Interchange Capital Partners Acquires Stake in Strive Asset Management
- New Investment Move: Interchange Capital Partners, LLC disclosed in an SEC filing on April 23, 2026, that it acquired 880,571 shares of Strive Asset Management, increasing the investment value by $8.82 million, indicating confidence in the company's potential and market position.
- Asset Allocation Significance: This acquisition positions Strive Asset Management at 2.79% of Interchange Capital's reportable U.S. equity AUM, reflecting its strategic importance within the investment portfolio.
- Strong Market Performance: As of April 23, 2026, Strive Asset Management's share price stood at $16.20, representing a 45.95% increase over the past year, outperforming the S&P 500 by approximately 13.72 percentage points, showcasing its competitive edge in the market.
- Unique Company Positioning: Strive Asset Management focuses on Bitcoin-related capital allocation strategies, distinguishing itself from traditional asset managers, leading investors to consider whether it can enhance Bitcoin exposure per share without excessive dilution or balance-sheet risk.
See More
H.C. Wainwright Initiates Coverage on Strive with Buy Rating
- Initiation of Buy Rating: H.C. Wainwright initiated coverage on Strive (ASST) with a Buy rating and a $36 price target, indicating significant upside from the current stock price of $15.62, reflecting optimistic market expectations for future growth.
- Bitcoin Strategic Shift: Strive is rapidly transforming into a Bitcoin treasury company, currently holding around 13,000 Bitcoins valued at nearly $1 billion, showcasing its significant position in the cryptocurrency market and likely attracting more investor interest.
- Increasing Institutional Support: Fidelity and Capital Group have become major shareholders of Strive, with Fidelity holding approximately 7.14 million shares, or about 12.05% of the company, while Capital Group entities each hold around 2.63 million shares, indicating strong confidence from institutional investors in the company's future development.
- Positive Market Sentiment: Despite broader market weakness in the crypto sector, Strive's stock price rose by 0.3%, and retail sentiment on Stocktwits remained in the 'extremely bullish' territory, indicating strong investor confidence in its future performance.
See More
Strategy's $18 Billion Trading Volume Sparks New Capital Raise Expectations
- Surge in Trading Volume: Strategy's trading volume reached $18 billion last week, leading to widespread expectations that the firm will raise new capital to support further Bitcoin acquisitions, with this trading level providing a strong foundation for potential market financing.
- Potential Fundraising Scale: Estimates suggest that Strategy could raise between $450 million and $1.8 billion, equivalent to approximately 5,750 to 23,000 Bitcoin, significantly enhancing its influence and acquisition capacity in the Bitcoin market.
- Strengthened Acquisition Strategy: Michael Saylor's remark “Think Even Bigger” has further bolstered bullish sentiment, as Strategy's Bitcoin holdings approach 800,000 BTC, with a market value nearing $59 billion, demonstrating the sustainability and potential of its acquisition strategy.
- Significant Market Impact: Strategy's continuous buying approach is viewed as a major market force, capable of funding large acquisitions through a mix of financial instruments, creating consistent buy-side pressure that drives upward momentum in Bitcoin prices.
See More
Strive Asset Management Initiated with Buy Rating by TD Cowen
- Initiation of Buy Rating: TD Cowen has initiated coverage on Strive Asset Management with a Buy rating and a price target of $26, reflecting optimistic market expectations for its future growth potential.
- Stock Price Surge: During Friday afternoon trading, Strive's shares rose by 8.82% to $10.49, indicating a positive investor response to the company's unique business model.
- Anti-ESG Positioning: Co-founder Vivek Ramaswamy's assertion that corporations should prioritize shareholder returns over social or environmental agendas has attracted a distinct investor base, setting Strive apart in the asset management sector.
- Bitcoin Treasury Pioneer: Strive claims to be the first publicly traded Bitcoin treasury asset management firm, using Bitcoin as its hurdle rate for measuring shareholder value creation, a strategy that may support its future market performance.
See More
Asset Entities Q1 Financial Report Analysis
- Financial Performance: Asset Entities reported a Q1 Non-GAAP EPS of -$5.19, indicating significant financial challenges despite a 94.4% year-over-year revenue increase to $2.76 million, which may undermine investor confidence.
- Revenue Growth: The $2.76 million revenue, while overshadowed by losses, highlights the company's growth potential in the market, particularly against the backdrop of Bitcoin's role as a treasury asset, potentially attracting more investor interest.
- Market Reaction: Following the earnings report, Asset Entities' shares fell by 1%, reflecting market concerns regarding its financial health, which could lead to increased selling pressure from investors in the short term.
- Industry Dynamics: Strive Asset Management's sustained bearish outlook on Bitcoin indicates a lack of confidence in the cryptocurrency market, which may adversely affect the stock performance of related companies, especially small and micro-cap firms.
See More
STRIVE INC - DISCLOSES BITCOIN HOLDINGS OF 15,000 BTC AS OF MAY 1, 2026 - SEC FILING
- Bitcoin Treasury Holdings: As of May 1, 2026, the Bitcoin treasury is reported to hold 15,000 Bitcoin.
- SEC Filing: The information regarding the Bitcoin treasury holdings has been disclosed in a filing with the SEC.
See More
Interchange Capital Partners Acquires Stake in Strive Asset Management
- New Investment Move: Interchange Capital Partners, LLC disclosed in an SEC filing on April 23, 2026, that it acquired 880,571 shares of Strive Asset Management, increasing the investment value by $8.82 million, indicating confidence in the company's potential and market position.
- Asset Allocation Significance: This acquisition positions Strive Asset Management at 2.79% of Interchange Capital's reportable U.S. equity AUM, reflecting its strategic importance within the investment portfolio.
- Strong Market Performance: As of April 23, 2026, Strive Asset Management's share price stood at $16.20, representing a 45.95% increase over the past year, outperforming the S&P 500 by approximately 13.72 percentage points, showcasing its competitive edge in the market.
- Unique Company Positioning: Strive Asset Management focuses on Bitcoin-related capital allocation strategies, distinguishing itself from traditional asset managers, leading investors to consider whether it can enhance Bitcoin exposure per share without excessive dilution or balance-sheet risk.
See More
H.C. Wainwright Initiates Coverage on Strive with Buy Rating
- Initiation of Buy Rating: H.C. Wainwright initiated coverage on Strive (ASST) with a Buy rating and a $36 price target, indicating significant upside from the current stock price of $15.62, reflecting optimistic market expectations for future growth.
- Bitcoin Strategic Shift: Strive is rapidly transforming into a Bitcoin treasury company, currently holding around 13,000 Bitcoins valued at nearly $1 billion, showcasing its significant position in the cryptocurrency market and likely attracting more investor interest.
- Increasing Institutional Support: Fidelity and Capital Group have become major shareholders of Strive, with Fidelity holding approximately 7.14 million shares, or about 12.05% of the company, while Capital Group entities each hold around 2.63 million shares, indicating strong confidence from institutional investors in the company's future development.
- Positive Market Sentiment: Despite broader market weakness in the crypto sector, Strive's stock price rose by 0.3%, and retail sentiment on Stocktwits remained in the 'extremely bullish' territory, indicating strong investor confidence in its future performance.
See More
Strategy's $18 Billion Trading Volume Sparks New Capital Raise Expectations
- Surge in Trading Volume: Strategy's trading volume reached $18 billion last week, leading to widespread expectations that the firm will raise new capital to support further Bitcoin acquisitions, with this trading level providing a strong foundation for potential market financing.
- Potential Fundraising Scale: Estimates suggest that Strategy could raise between $450 million and $1.8 billion, equivalent to approximately 5,750 to 23,000 Bitcoin, significantly enhancing its influence and acquisition capacity in the Bitcoin market.
- Strengthened Acquisition Strategy: Michael Saylor's remark “Think Even Bigger” has further bolstered bullish sentiment, as Strategy's Bitcoin holdings approach 800,000 BTC, with a market value nearing $59 billion, demonstrating the sustainability and potential of its acquisition strategy.
- Significant Market Impact: Strategy's continuous buying approach is viewed as a major market force, capable of funding large acquisitions through a mix of financial instruments, creating consistent buy-side pressure that drives upward momentum in Bitcoin prices.
See More
Strive Asset Management Initiated with Buy Rating by TD Cowen
- Initiation of Buy Rating: TD Cowen has initiated coverage on Strive Asset Management with a Buy rating and a price target of $26, reflecting optimistic market expectations for its future growth potential.
- Stock Price Surge: During Friday afternoon trading, Strive's shares rose by 8.82% to $10.49, indicating a positive investor response to the company's unique business model.
- Anti-ESG Positioning: Co-founder Vivek Ramaswamy's assertion that corporations should prioritize shareholder returns over social or environmental agendas has attracted a distinct investor base, setting Strive apart in the asset management sector.
- Bitcoin Treasury Pioneer: Strive claims to be the first publicly traded Bitcoin treasury asset management firm, using Bitcoin as its hurdle rate for measuring shareholder value creation, a strategy that may support its future market performance.
See More
