SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates PHX, HOFV, ASST, AZEK on Behalf of Shareholders
Investigation of Companies: Halper Sadeh LLC is investigating potential violations of federal securities laws and fiduciary duties related to the sales and mergers of several companies, including PHX Minerals Inc., Hall of Fame Resort & Entertainment Company, Asset Entities Inc., and AZEK Company Inc.
Shareholder Rights and Legal Support: The firm offers free consultations for shareholders to discuss their rights and options regarding these transactions, emphasizing that they operate on a contingent fee basis, meaning no upfront legal fees are required.
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Strive, Backed by Vivek Ramaswamy, to Launch Bitcoin Credit ETF Linked to MSTR and ASST Preferred Shares
ETF Investment Plans: The new ETF, a joint initiative between Tuttle Capital and Strive, aims to invest in securities like Strategy's STRC and Strive's SATA, focusing on the "digital credit" segment within crypto-linked markets.
Risks Highlighted: The filing emphasizes risks such as leverage, Bitcoin price volatility, credit exposure, and liquidity constraints associated with the proposed fund.
Market Performance: ASSCT's stock has seen a decline of nearly 35% this year, while Bitcoin's price is down around 23%, with retail sentiment trending bearish recently.
Bitcoin Price Recovery: Bitcoin's price has recently recovered to around $67,200 after dipping as low as $65,100, indicating some market fluctuations and investor interest.
Strive Reports FY 2025 Financial Results
- Net Loss Overview: Strive reported a non-GAAP adjusted net loss attributable to common stockholders of $208.2 million for FY 2025, translating to a diluted loss of $4.73 per share, indicating significant challenges in profitability.
- Bitcoin Yield Performance: The company achieved a Bitcoin yield of 22.2% in Q4 2025 and 13.8% quarter-to-date as of March 17, 2026, showcasing its potential in digital asset investments.
- Bitcoin Gain Metrics: Strive generated a Bitcoin gain of ₿1,305 in Q4 2025 and ₿1,050 quarter-to-date as of March 17, 2026, reflecting its active engagement and profitability in the Bitcoin market.
- Strategic Investment: Strive added $50 million of Strategy’s STRC preferred stock to its corporate treasury, demonstrating proactive capital allocation, while B. Riley Securities initiated coverage with a Buy rating on Strategy and Strive, potentially boosting market confidence.
Vivek Ramaswamy's Strive Declines Following Q4 Earnings Shortfall – CEO Identifies 'Multi-Trillion' Potential in SATA
Bitcoin Price Drop: Bitcoin's price fell below $70,000, causing pressure on related stocks, particularly Strive Asset Management, which reported earnings below analyst expectations.
Strive's Earnings Report: Strive reported earnings of $1.5 million, missing the consensus estimate of $1.6 million, and its stock fell nearly 3% in pre-market trading following the earnings announcement.
Retail Sentiment: Despite the stock's decline, retail sentiment around Strive improved, moving from "bullish" to "extremely bullish," indicating increased investor interest.
Strive's Bitcoin Holdings: Strive's financial results showed a total of 13,627 Bitcoin on its balance sheets, with a current value of approximately $948 million, reflecting a significant increase in Bitcoin holdings compared to previous reports.
STRC Stock Outperforms Major Tech Stocks in Risk-Adjusted Returns
- Risk-Adjusted Performance: Michael Saylor claims STRC stock achieved a Sharpe ratio of 3.08, significantly surpassing gold at 2.88, Alphabet at 2.65, Nvidia at 1.66, and Tesla at 1.32, indicating STRC's superior risk-adjusted returns may attract more investor interest.
- Investment Scale Expansion: Strive purchased $50 million of STRC preferred stock as part of broader balance sheet adjustments, while also acquiring an additional 179 Bitcoin, bringing total holdings to 13,311 BTC worth approximately $930 million, demonstrating the company's ongoing confidence in crypto assets.
- Dividend Policy Adjustment: Strive raised the dividend rate on its SATA preferred stock by 25 basis points to 12.75%, despite the stock trading below par, indicating the company's efforts to enhance shareholder returns and bolster market confidence.
- Market Issuance Record: The STRC MomentumStrategy sold a record $300 million in STRC on Monday, with proceeds funding an estimated purchase of 1,420 BTC, reflecting strong demand for STRC and active investor participation, further solidifying its position in the crypto market.
BMNR, CRCL, MSTR Surge as Bitcoin Surpasses $72,000 – Dogecoin and Solana Outshine BTC
Market Overview: The overall cryptocurrency market gained 2.5% in the last 24 hours, surpassing $2.5 trillion, with Bitcoin's price rising to around $72,400.
Retail Sentiment: Retail sentiment around cryptocurrencies remains cautious, with many assets and linked equities showing neutral to bearish tendencies despite some gains in specific digital assets.
Performance of Altcoins: Major altcoins like Cardano, Dogecoin, Solana, and Ethereum outperformed Bitcoin, with significant price increases over the past day.
Trading Activity: Notable trading activity included a rise in retail sentiment for Bitcoin and other assets, with some firms experiencing bullish trends while others remained in bearish territory.
Bitcoin Price Dips Amid ETF Inflows and Market Dynamics
- Bitcoin Price Fluctuation: Bitcoin dipped below $70,000, pressured by the IEA's historic release of strategic oil reserves and persistent miner selling, indicating market instability and investor caution.
- ETF Inflow Situation: March saw $1.56 billion in net inflows for Bitcoin ETFs, despite $576.6 million in outflows, reflecting sustained institutional interest in crypto assets, particularly with over $540 million invested in Solana ETFs.
- Stablecoin SPAC Listing: TLGY's acquisition of StablecoinX received 97% shareholder approval, set to list on Nasdaq, becoming the first publicly traded vehicle for direct exposure to DeFi yield infrastructure, highlighting the convergence of traditional finance and crypto markets.
- Crypto Infrastructure Consolidation: Sphere 3D's agreement to acquire Cathedra Bitcoin combines 53 MW of managed power capacity and 1.2 EH/s of proprietary hash rate, marking a significant step in the consolidation and expansion of crypto infrastructure.
Strive, Backed by Vivek Ramaswamy, to Launch Bitcoin Credit ETF Linked to MSTR and ASST Preferred Shares
ETF Investment Plans: The new ETF, a joint initiative between Tuttle Capital and Strive, aims to invest in securities like Strategy's STRC and Strive's SATA, focusing on the "digital credit" segment within crypto-linked markets.
Risks Highlighted: The filing emphasizes risks such as leverage, Bitcoin price volatility, credit exposure, and liquidity constraints associated with the proposed fund.
Market Performance: ASSCT's stock has seen a decline of nearly 35% this year, while Bitcoin's price is down around 23%, with retail sentiment trending bearish recently.
Bitcoin Price Recovery: Bitcoin's price has recently recovered to around $67,200 after dipping as low as $65,100, indicating some market fluctuations and investor interest.
Strive Reports FY 2025 Financial Results
- Net Loss Overview: Strive reported a non-GAAP adjusted net loss attributable to common stockholders of $208.2 million for FY 2025, translating to a diluted loss of $4.73 per share, indicating significant challenges in profitability.
- Bitcoin Yield Performance: The company achieved a Bitcoin yield of 22.2% in Q4 2025 and 13.8% quarter-to-date as of March 17, 2026, showcasing its potential in digital asset investments.
- Bitcoin Gain Metrics: Strive generated a Bitcoin gain of ₿1,305 in Q4 2025 and ₿1,050 quarter-to-date as of March 17, 2026, reflecting its active engagement and profitability in the Bitcoin market.
- Strategic Investment: Strive added $50 million of Strategy’s STRC preferred stock to its corporate treasury, demonstrating proactive capital allocation, while B. Riley Securities initiated coverage with a Buy rating on Strategy and Strive, potentially boosting market confidence.
Vivek Ramaswamy's Strive Declines Following Q4 Earnings Shortfall – CEO Identifies 'Multi-Trillion' Potential in SATA
Bitcoin Price Drop: Bitcoin's price fell below $70,000, causing pressure on related stocks, particularly Strive Asset Management, which reported earnings below analyst expectations.
Strive's Earnings Report: Strive reported earnings of $1.5 million, missing the consensus estimate of $1.6 million, and its stock fell nearly 3% in pre-market trading following the earnings announcement.
Retail Sentiment: Despite the stock's decline, retail sentiment around Strive improved, moving from "bullish" to "extremely bullish," indicating increased investor interest.
Strive's Bitcoin Holdings: Strive's financial results showed a total of 13,627 Bitcoin on its balance sheets, with a current value of approximately $948 million, reflecting a significant increase in Bitcoin holdings compared to previous reports.
STRC Stock Outperforms Major Tech Stocks in Risk-Adjusted Returns
- Risk-Adjusted Performance: Michael Saylor claims STRC stock achieved a Sharpe ratio of 3.08, significantly surpassing gold at 2.88, Alphabet at 2.65, Nvidia at 1.66, and Tesla at 1.32, indicating STRC's superior risk-adjusted returns may attract more investor interest.
- Investment Scale Expansion: Strive purchased $50 million of STRC preferred stock as part of broader balance sheet adjustments, while also acquiring an additional 179 Bitcoin, bringing total holdings to 13,311 BTC worth approximately $930 million, demonstrating the company's ongoing confidence in crypto assets.
- Dividend Policy Adjustment: Strive raised the dividend rate on its SATA preferred stock by 25 basis points to 12.75%, despite the stock trading below par, indicating the company's efforts to enhance shareholder returns and bolster market confidence.
- Market Issuance Record: The STRC MomentumStrategy sold a record $300 million in STRC on Monday, with proceeds funding an estimated purchase of 1,420 BTC, reflecting strong demand for STRC and active investor participation, further solidifying its position in the crypto market.
BMNR, CRCL, MSTR Surge as Bitcoin Surpasses $72,000 – Dogecoin and Solana Outshine BTC
Market Overview: The overall cryptocurrency market gained 2.5% in the last 24 hours, surpassing $2.5 trillion, with Bitcoin's price rising to around $72,400.
Retail Sentiment: Retail sentiment around cryptocurrencies remains cautious, with many assets and linked equities showing neutral to bearish tendencies despite some gains in specific digital assets.
Performance of Altcoins: Major altcoins like Cardano, Dogecoin, Solana, and Ethereum outperformed Bitcoin, with significant price increases over the past day.
Trading Activity: Notable trading activity included a rise in retail sentiment for Bitcoin and other assets, with some firms experiencing bullish trends while others remained in bearish territory.
Bitcoin Price Dips Amid ETF Inflows and Market Dynamics
- Bitcoin Price Fluctuation: Bitcoin dipped below $70,000, pressured by the IEA's historic release of strategic oil reserves and persistent miner selling, indicating market instability and investor caution.
- ETF Inflow Situation: March saw $1.56 billion in net inflows for Bitcoin ETFs, despite $576.6 million in outflows, reflecting sustained institutional interest in crypto assets, particularly with over $540 million invested in Solana ETFs.
- Stablecoin SPAC Listing: TLGY's acquisition of StablecoinX received 97% shareholder approval, set to list on Nasdaq, becoming the first publicly traded vehicle for direct exposure to DeFi yield infrastructure, highlighting the convergence of traditional finance and crypto markets.
- Crypto Infrastructure Consolidation: Sphere 3D's agreement to acquire Cathedra Bitcoin combines 53 MW of managed power capacity and 1.2 EH/s of proprietary hash rate, marking a significant step in the consolidation and expansion of crypto infrastructure.
