Strive raises $8.1 million daily through its SATA preferred stock program despite a 50% Bitcoin drawdown, targeting 175,000 additional BTC in acquisitions.

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.