Strive CEO Matt Cole has acquired 1 million ASST shares in the past 30 days
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Strive CEO Matt Cole acquired more than 1 million shares of ASST last month. Strive is strategically positioned as a Bitcoin treasury, incorporating Bitcoin as the underlying asset.
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Matt Cole, CEO of Strive Asset Management, acquired more than 1 million shares of ASST in the past 30 days.
According to the latest disclosure, Cole acquired 500,000 ASST shares on Jan. 13 after adding more than 515,000 in mid-December.
The stock acquisition shows management's confidence in the company's stock, with a short-term shift in corporate crypto strategies.
Vivek Ramaswamy-backed Strive operates as a Bitcoin treasury, holding Bitcoin as a core asset in its corporate strategy. After the company acquired Semler Scientific, it expanded Stella's corporate BTC holdings to 12,798 BTC.
Shares of Strive rose 6% on Wednesday, recovering some losses after falling 12% following a 1-for-20 reverse stock split and expansion of preferred equity plans for the post-merger company.
