Strive CEO Matt Cole acquires 1 million ASST shares in past 30 days
Summary
Matt Cole, CEO of Strive Asset Management, acquired more than 1 million ASST shares over the preceding 30 days, specifically purchasing 500,000 shares on January 13 and over 515,000 in mid-December. This significant share acquisition demonstrates leadership's confidence in the company's stock, irrespective of recent changes in corporate crypto strategies. Strive operates as a Bitcoin treasury company, holding Bitcoin as a core asset, and is set to expand its holdings to 12,798 BTC following the acquisition of Semler Scientific, which would place it ahead of Tesla in corporate BTC reserves. The move comes as Strive shares recovered 6% on Wednesday after experiencing a 12% drop following the announcement of a 1-for-20 reverse stock split and expanded preferred equity plans.
(Source:Crypto Briefing)