Strive purchased 2,500 bitcoin, raising its holdings to 19,000 BTC, while also expanding cash reserves. The company is positioning itself for future

Strive (ASST) plans to expand its capital raise by $4.2 billion to accelerate aggressive Bitcoin accumulation.

Benchmark's Mark Palmer also initiated coverage of the stock with a Buy rating and $32 price target as ASST shares fell about 4% pre-market.