ASST
Coverage of ASST in the Nexus archive.
- Strategy (MSTR) Surges Over 12% As Bitcoin-Linked Stocks Have Green Day
Strategy (MSTR) shares surged over 12% after the company announced a $1.25 billion Bitcoin sales plan and a $1 billion stock buyback program. The move marks a strategic shift from its previous Bitcoin accumulation focus, as the company aims to fund a U.S. dollar reserve and cover dividend obligations. Other Bitcoin-linked stocks like Nakamoto (NAKA) and Strive (ASST) also rose, while Bitcoin itself declined over 6% in the past week.
- Bitcoin Stocks, Led By Strategy (MSTR), Take a Beating as BTC Price Sells Off
Bitcoin's price dropped below $67,000 for the first time since early April, causing a decline in crypto-linked stocks like Strategy (MSTR), Coinbase Global (COIN), and Strive, Inc. (ASST). Strategy sold 32 Bitcoin in a SEC filing, marking its first net reduction in holdings since December 2022, while Mt. Gox moved 10,422 BTC worth $739 million. Geopolitical tensions between Iran and the U.S. further suppressed market sentiment.
- Strive (ASST) Adds $185 Million in Bitcoin as Holdings Reach 19,000 BTC
Strive (ASST) acquired 2,500 BTC ($185.2 million) through a SEC filing, increasing its total holdings to 19,000 BTC. The company, formed via a 2025 merger with Asset Entities Inc., plans to expand fundraising by $4.2 billion to accelerate Bitcoin accumulation.
- DDC Buys Bitcoin Twice in One Week, Grows Treasury 14% Without Dilution
DDC Enterprise Limited (NYSE: DDC) increased its Bitcoin treasury by 14% through two purchases in seven days, acquiring 331 BTC without issuing new shares. The company now holds 2,714 BTC with an average cost of $79,135, positioning itself among the top 30 global corporate Bitcoin holders. DDC combines Bitcoin accumulation with its Asian food business, aiming to compound value without dilution.