Benchmark-StoneX analysts grew bullish towards Strive after the Bitcoin-buying asset manager padded cash reserves while growing its stockpile.

Benchmark's Mark Palmer initiated coverage with a Buy rating and $32 price target as ASST shares fell 3.59% pre-market.

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.