ASST · Strive Inc
🇺🇸Vivek Ramaswamy's asset manager turned bitcoin treasury, listed via the Asset Entities reverse merger. Debt-free, funding its BTC stack through the 13% SATA perpetual preferred. The anti-ESG investment products run alongside the treasury thesis.
Market cap uses a filing-sourced share count (~85M shares · Strive Inc 10-Q filed 2026-08-10, cover page: "As of August 7, 2026, the registrant had 75,649,368 and 9,792,535 shares of Class A common stock and Class B common stock outstanding" = 85,441,903. CIK 0001920406, accession 0001628280-26-054985) because the bitcointreasuries.net feed lags this name's ongoing dilution.
BPS is the bitcoin backing each common share before senior claims (Michael Saylor's growth metric). CEBE BPS is what is left after debt and preferred (the conservative risk metric). The difference between them is Amplification, 1.26x for ASST: the senior leverage that can make a treasury outperform bitcoin when its BTC annualized return beats its cost of capital, and underperform when short-duration or high-cost liabilities come due. With no debt or preferred, BPS equals CEBE BPS and the stock should track bitcoin like an ETF. Net mNAV divides market cap by the bitcoin left for common shareholders after senior claims ($0M debt + $437M preferred − $88M cash). Figures as of 2026-07-08; source: Strive Q1 2026 10-Q (SATA $437.3M) + May 2026 8-K (debt-free, cash $87.6M); re-reviewed 2026-07-08. Full methodology →
Strive is Vivek Ramaswamy's asset manager turned bitcoin treasury, listed through the Asset Entities reverse merger and expanded via the Semler Scientific acquisition. It runs debt-free, funding its bitcoin stack through the 13% SATA perpetual preferred, and operates its anti-ESG investment products alongside the treasury thesis.
Recent SEC Filings
Source · EDGAR ↗Most recent 8-K, 10-Q, 10-K, and S-3 filings. Updated daily from EDGAR.
Frequently asked about ASST
What is ASST (Strive Inc)?
Vivek Ramaswamy's asset manager turned bitcoin treasury, listed via the Asset Entities reverse merger. Debt-free, funding its BTC stack through the 13% SATA perpetual preferred. The anti-ESG investment products run alongside the treasury thesis. ASST is one of the four major public Bitcoin treasury companies tracked on Galaxy Mind alongside MSTR (Strategy), XXI (Twenty One Capital), MPJPY (Metaplanet), and ASST (Strive). See the live mNAV scoreboard at galaxymind.space/treasuries.
What is ASST's current mNAV?
ASST's mNAV (market cap divided by the value of its bitcoin holdings) is currently 1.17x. Market cap trades 17% above the bitcoin it holds. The market is paying for management, leverage capacity, or growth. See live updates and 90-day history at galaxymind.space/treasuries/ASST.
What is ASST's net (CEBE) mNAV?
ASST's CEBE-adjusted net mNAV is 1.47x · market cap divided by the bitcoin left for common shareholders after senior claims ($0M debt + $437M preferred − $88M cash), which run 20% of its BTC value. The gross mNAV (1.17x) ignores those claims · CEBE (Common Equity Bitcoin Exposure) is the conservative, net-of-leverage view. See galaxymind.space/treasuries/ASST.
Is ASST a good Bitcoin investment?
Whether ASST is a good investment depends on its current mNAV (premium or discount to its bitcoin holdings), your time horizon, and your account type (Taxable / Traditional / Roth). The Galaxy Mind allocation engine at /fit factors mNAV explicitly · when treasury mNAV is rich (≥1.6x) it auto-trims the sleeve in favor of pure-spot Bitcoin (BTC or IBIT/MSBT). Not financial advice.
How many Bitcoin does ASST hold?
ASST (Strive Inc) currently holds 21,356 BTC on its balance sheet. Data sourced from bitcointreasuries.net, updated every 5 minutes. View the full per-treasury comparison at galaxymind.space/treasuries.