Strive Inc. Completes $160 Million IPO
Strive Inc., a forward-thinking investment company, recently concluded its upsized Initial Public Offering (IPO), raising a remarkable $160 million. Initially planning to offer 1.25 million Variable Rate Series A Perpetual Preferred Stock shares, Strive expanded its offering to 2 million shares priced at $80 each. The funds will support the company’s strategic goals, including Bitcoin acquisitions and potential debt repayment, retaining its bold focus on cryptocurrency.
Record-Breaking Stock Performance
Strive’s stock, listed under the ticker ASST, shows a stellar performance, closing at $1.51 on November 7, 2025. With a market capitalization of $141 million and an impressive 208% year-to-date return, the stock has significantly outperformed benchmarks, reflecting investor confidence. Despite a volatile 52-week range stretching from $0.335 to $13.42, Strive secures a promising position as the cryptocurrency market evolves.
Vivek Ramaswamy Strengthens Holdings
Strive’s ten percent owner, Vivek Ramaswamy, has doubled down on his investment. On November 5, 2025, the entrepreneur acquired 15,625 shares of Variable Rate Series A Perpetual Preferred Stock for a total of $1.25 million. This purchase complements his existing holdings of over 142 million shares, combining direct and trust-managed investments. This move highlights Ramaswamy’s confidence in the company’s Bitcoin-focused trajectory.
Leadership Updates and Strategic Direction
As part of its growth initiatives, Strive Inc. welcomed Ben Werkman as its new Chief Investment Officer. Werkman, previously with Swan Bitcoin, brings a wealth of expertise to the firm. His background in Bitcoin treasury advisory perfectly aligns with Strive’s mission to increase Bitcoin-per-share and outperform Bitcoin as a long-term investment benchmark. Notable changes include the board’s decision to eliminate its maximum director limit, effective December 31, 2025, signaling its dedication to scaling operations.
Strive’s Vision: A Bitcoin-centric Future
Strive firmly positions itself as a Bitcoin-centric company, leveraging its IPO proceeds to further its cryptocurrency investments. With increased interest in Bitcoin’s potential and its role as a hedge against traditional markets, Strive’s focus could appeal to modern investors seeking innovative financial strategies.
For those inspired by Strive’s approach, exploring investments in cryptocurrency-focused funds and financial resources is a great first step. For instance, the Coinbase learning hub offers resources to help you get started with Bitcoin investments safely and effectively.
