$Strive (ASST.US)$ On October 27, the stock surged over 49%, with cumulative gains exceeding 110% over the past three trading sessions. Trading volume has significantly increased over the last two sessions, and options trading volume has skyrocketed. The stock once ranked among the most popular.
What caused the sudden surge in Strive’s share price? Has there been a fundamental shift in the company's fundamentals? How can investors leverage options to seize trading opportunities? This article will address these questions one by one.
Drivers Behind the Stock Price Surge: Dual Momentum from M&A and Leadership Changes Accelerates Bitcoin Strategy Implementation
Strive Asset Management was founded in 2022 by former presidential candidate Vivek Ramaswamy, aiming to carve out a path focused purely on shareholder returns amidst the wave of ESG (Environmental, Social, and Governance) investments dominated by giants such as $Blackrock (BLK.US)$ , but this path has not been smooth, with the company consistently struggling under the shadow of losses.
In May 2025, Strive Asset Management announced that it would list on Nasdaq through a reverse acquisition merger with Asset Entities Inc. (NASDAQ: ASST), becoming the world's first publicly traded asset management company with a core strategy focused on Bitcoin.The company plans to raise up to USD 1 billion specifically to expand its Bitcoin reserves...