Vivek Ramaswamy’s Strive stock pumps 49% after Mike Alfred confirms 1 million share stake
Summary
Shares of Strive Asset Management (ASST) increased by 49% on Monday following the announcement by hedge fund manager Mike Alfred that he acquired more than one million shares. Alfred praised Strive as one of the most promising global BTC Treasury companies, citing confidence in its leadership. This surge follows a nearly 90% climb over the past week. Strive, co-founded by Vivek Ramaswamy, merged with Asset Entities in May to form a public Bitcoin treasury company. Furthermore, Strive recently agreed to acquire Semler Scientific (SMLR) in an all-stock deal, which is expected to boost Strive's Bitcoin holdings to over 10,900 BTC post-acquisition, solidifying its position in corporate crypto acquisitions.
(Source:Crypto Briefing)