SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

Invesco Capital Management LLC - Invesco QQQ Trust Series 1

QQQ is trending amid a sharp intraday reversal, prompting discussions about potential market manipulation and the strength of the AI sector following Nvidia's earnings; traders are actively debating whether this pullback represents a buying opportunity or the start of a deeper correction, with some pointing to possible Yen carry trade issues.

SSgA Active Trust - SPDR S&P 500 ETF Trust

SPY is experiencing high volatility as traders debate whether recent drops signal a larger market correction or just a temporary pullback, fueled by concerns around AI valuations and potential recession indicators. Community sentiment is mixed, with some anticipating a bounce while others brace for further declines, closely watching key support levels and VIX movements. The conversation includes speculation about the Fed's next moves and the impact of economic data on market direction.

NVIDIA Corp. engages in the design and manufacture of computer graphics processors, chipsets, and related multimedia software. It operates through the following segments: Graphics Processing Unit (GPU) and Compute & Networking. The Graphics segment includes GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, Quadro and NVIDIA RTX GPUs for enterprise workstation graphics, virtual GPU, or vGPU, software for cloud-based visual and virtual computing, automotive platforms for infotainment systems, and Omniverse Enterprise software for building and operating metaverse and 3D internet applications. The Compute & Networking segment consists of Data Center accelerated computing platforms and end-to-end networking platforms including Quantum for InfiniBand and Spectrum for Ethernet, NVIDIA DRIVE automated-driving platform and automotive development agreements, Jetson robotics and other embedded platforms, NVIDIA AI Enterprise and other software, and DGX Cloud software and services. The company was founded by Jen Hsun Huang, Chris A. Malachowsky, and Curtis R. Priem in April 1993 and is headquartered in Santa Clara, CA.

NVIDIA Corp

Despite strong earnings, NVIDIA is trending down, sparking debate about an AI bubble. The community is actively discussing whether the drop is a market correction, profit-taking, or manipulation by institutional investors. Some also point to comments from a Fed official raising concerns about valuations as a contributing factor.

Walmart, Inc. engages in the retail and wholesale business. The company offers an assortment of merchandise and services at everyday low prices. It operates through the following business segments: Walmart U.S., Walmart International, and Sam's Club. The Walmart U.S. segment operates as a mass merchandiser of consumer products, operating under the Walmart and Walmart Neighborhood Market brands, including walmart.com. The Walmart International segment includes operations of wholly-owned subsidiaries in Canada, Chile, China, and Africa, and majority-owned subsidiaries in India, as well as Mexico and Central America. The Sam's Club segment manages membership-only warehouse clubs and operates samsclub.com. The company was founded by Samuel Moore Walton and James Lawrence Walton on July 2, 1962 and is headquartered in Bentonville, AR.

Walmart Inc

Walmart is trending following a strong Q3 earnings report that included raised FY26 guidance and a surge in e-commerce sales, with discussion around its potential move to the Nasdaq. Community talking points include whether Walmart is a safe haven during market volatility and the impact of potential government shutdowns on SNAP benefits and consumer spending at Walmart stores.

Bitcoin is the world's first decentralized cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It enables peer-to-peer electronic cash transactions without intermediaries like banks or governments, operating on a blockchain secured by Proof of Work mining and the SHA-256 cryptographic algorithm.   With a fixed supply cap of 21 million coins and programmatic halvings every four years that reduce miner rewards, Bitcoin is designed as a deflationary digital asset often called "digital gold." Its value stems from solving the double-spending problem without trusted intermediaries, creating the first truly scarce digital asset with censorship resistance and permissionless access that no government, corporation, or individual can control.  Bitcoin operates as a decentralized peer-to-peer network where transactions are recorded on a public ledger called the blockchain, distributed across thousands of computers globally. Transactions are grouped into blocks added approximately every 10 minutes through mining, where specialized computers compete to solve complex mathematical puzzles.   Bitcoin has achieved mainstream adoption through multiple vectors. The January 2024 SEC approval of 11 spot Bitcoin ETFs opened Bitcoin investment to traditional finance participants, and corporations like Strategy (formerly MicroStrategy) are using Bitcoin as a treasury reserve asset to protect against currency debasement, offering MSTR holders amplified exposure to Bitcoin.   The Bitcoin ecosystem continues to evolve with innovations like Ordinals, which emerged in January 2023 to enable NFT-like functionality directly on Bitcoin, and BRC-20 tokens, an experimental standard for creating fungible tokens using Ordinal inscriptions. BTCFi (Bitcoin Finance) represents emerging financial applications extending beyond Bitcoin's traditional role, with protocols like Babylon allowing Bitcoin holders to stake BTC to secure Proof of Stake chains.

Bitcoin

Bitcoin is experiencing a significant downturn, sparking debates about its role as a store of value and potential for further decline. Community discussions revolve around possible bottom levels, with some anticipating a substantial bounce while others fear a continued slide. The broader market context, including potential impacts from macroeconomic factors and liquidations, is also fueling uncertainty and volatility.

Micron Technology, Inc. engages in the provision of innovative memory and storage solutions. It operates through the following segments: Compute and Networking Business Unit (CNBU), Mobile Business Unit (MBU), Embedded Business Unit (EBU), and Storage Business Unit (SBU). The CNBU segment includes memory products and solutions sold into client, cloud server, enterprise, graphics, and networking markets. The MBU segment is involved in memory and storage products sold into smartphone and other mobile-device markets. The EBU segment focuses on memory and storage products sold into automotive, industrial, and consumer Markets. The SBU segment consists of SSDs and component-level solutions sold into enterprise and cloud, client, and consumer storage markets. The company was founded by Ward D. Parkinson, Joseph Leon Parkinson, Dennis Wilson, and Doug Pitman on October 5, 1978 and is headquartered in Boise, ID.

Micron Technology Inc.

Micron Technology Inc

Micron is trending following a target price increase from UBS and rising memory prices linked to AI data-center demand, fueling discussions about its growth potential. Community members are weighing the bullish outlook against concerns of an overbought condition after the stock's significant year-to-date gains. Discussions also focus on potential short-term pullbacks versus long-term opportunities in the semiconductor space.

MercadoLibre, Inc. engages in the development of an online commerce platform with a focus on e-commerce and related services. It operates through the following geographical segments: Brazil, Argentina, Mexico, and Other Countries. The Other Countries segment refers to Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Panama, Peru, Bolivia, Honduras, Nicaragua, El Salvador, Guatemala, Paraguay, Uruguay, and the United States of America. Its products provide a mechanism for buying, selling, and paying as well as collecting, generating leads, and comparing lists through e-commerce transactions. The company was founded by Marcos Eduardo Galperin on October 15, 1999 and is headquartered in Montevideo, Uruguay.

MercadoLibre Inc

MELI is experiencing a significant downturn, with discussions focusing on a recent shelf filing and potential competition from Amazon as possible catalysts. The community is expressing concerns about the stock's performance, with some seeing the dip as a buying opportunity while others are wary of further declines. Broader macroeconomic factors and regional risks in Latin America are also being considered as contributing factors to the volatility.

iShares Bitcoin Trust ETF - iShares Bitcoin Trust Beneficial Interest

iShares Bitcoin ETF

IBIT is trending due to Bitcoin's price volatility, sparking debates on whether to buy the dip or brace for further declines; some community members point to potential manipulation and significant ETF outflows as bearish signals, while others highlight oversold conditions and historical patterns as reasons for optimism, with key options levels around \$50 also in focus.

USA Rare Earth, Inc. is domestic supplier of rare earth magnets and heavy rare earth elements. It is developing a vertically integrated, domestic supply chain for rare earth element magnet production, with a facility in Stillwater, Oklahoma, and mining rights to the Round Top heavy rare earth and critical minerals deposit in West Texas. The company was founded in May 2019 and is headquartered in Stillwater, OK.

USA Rare Earth Inc. - Ordinary Shares - Class A

USA Rare Earth Inc

USA Rare Earth (USAR) is trending due to discussions around warrant redemptions and their impact on stock dilution, with a deadline approaching soon. The community is debating the company's long-term potential, its management, and comparing it to other rare earth companies, with some expressing concerns about recent performance and others highlighting its strategic partnerships and focus on heavy rare earth elements. News around the company's deal with Solvay and Saudi Arabian Mining Company (Maaden), meant to develop a rare earth refinery, has brought some recent attention.

Strategy, Inc. engages in the provision of enterprise analytics and mobility software. The firm designs, develops, markets, and sells software platforms through licensing arrangements and cloud-based subscriptions and related services. Its product packages include Hyper. The company was founded by Michael J. Saylor and Sanjeev K. Bansal on November 17, 1989, and is headquartered in Vienna, VA.

Strategy Inc. - Ordinary Shares - Class A

Strategy

Strategy is trending as it hits fresh 52-week lows, with the community debating whether it's a buying opportunity or if further downside is expected due to its correlation with Bitcoin. Despite the recent price drop, some traders are noting unusual call option activity, suggesting contrarian bullish bets, while others point to potential liquidation levels and debt concerns.

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Strive (NASDAQ:ASST) Stock Price Up 7.2% - Should You Buy?

Strive (NASDAQ:ASST) Trading 7.2% Higher - Here's Why...

Strive (NASDAQ:ASST) Trading Down 6.9% - Here's Why

Strive (NASDAQ:ASST) Stock Price Down 6.9% - Here's What Happened...

Strive (NASDAQ:ASST) Sees Strong Trading Volume - Here's Why

Strive (NASDAQ:ASST) Sees Large Volume Increase - Here's What Happened...

Strive (NASDAQ:ASST) Shares Gap Down - Should You Sell?

Strive (NASDAQ:ASST) Shares Gap Down - Here's What Happened...

<ul class="summary-bullets"><li>Strive increased its preferred stock offering from 1.25 million to 2 million shares at $80 a piece.</li><li>The new SATA stock carries a 12% annual dividend, designed to fund Bitcoin acquisitions.</li><li>Strive’s current holdings stand at roughly 6,000 Bitcoin, with a target of 11,000 BTC after its merger with Semler Scientific.</li></ul>Strive (ASST) on Thursday upsized its inaugural preferred stock offering by 38%, aiming to raise more than $160 million through the sale of two million shares priced at $80 each.The company is following the Bitcoin treasury playbook initiated by Strategy (MSTR), as smaller competitors attempt to replicate Michael Saylor's digital credit formula.&nbsp;<a href="http://stocktwits.com/symbol/ASST">ASST’s stock</a> climbed nearly 9% in pre-market trade, with retail sentiment on Stocktwits trending in the ‘bullish’ territory over the past day. Message volume remains elevated at ‘high’ levels.<h2 class="st-heading-2">Preferred Offering Mirrors Strategy’s Bitcoin Playbook</h2>Strive issued Variable Rate Series A Perpetual Preferred Stock (SATA) with an initial 12% annual dividend paid monthly. Like Strategy's suite of preferred instruments, Strive structured the offering to raise capital for Bitcoin (BTC) purchases without diluting common shareholders.The 38% upsize from the initially announced 1.25 million shares to 2 million signals institutional appetite despite Strive's diminutive scale compared to MSTR. The company currently holds around 6,000 Bitcoin, a fraction of Strategy's hoard of more than 640,000 BTC, but aims to reach 11,000 through a pending merger with Semler Scientific (SMLR).Yet the $80 pricing, compared to the $100 par value, hints at investor caution – unlike Strategy's Stretch, which was priced at $90 and quickly traded above par. The company commits to maintaining SATA's trading range between $95 and $105 through dividend rate adjustments, a mechanism MSTR doesn’t use.<h2 class="st-heading-2">Digit Asset Treasuries Have Had A Rough Month</h2>The company stated that the proceeds will be used to fund Bitcoin acquisitions, repay debt, and support working capital. Digital asset treasury (DAT) stocks have plummeted in recent months, with many now trading below their net asset value, as the crypto market has experienced two drastic liquidation events in less than a month. ASST’s stock is down more than 45% in the last month, while&nbsp;<a href="http://stocktwits.com/symbol/MSTR">MSTR’s stock</a> – commonly seen as a proxy for Bitcoin – has dipped nearly 30%.&nbsp;<a href="http://stocktwits.com/symbol/BTC.X">Bitcoin’s price</a> tried to regain ground in Thursday morning trade, holding near $120,500, essentially flat over the past 24 hours. The broader cryptocurrency market ticked up 0.3%, with total market capitalization at roughly $3.4 trillion, down from more than $4 trillion in October. On Stocktwits, retail sentiment around the apex cryptocurrency dropped to ‘neutral’ from ‘bullish’ territory over the past 24 hours, even as chatter remained at ‘high’ levels.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/xrp-leads-crypto-rebound-while-bitcoin-etfs-log-second-worst-outflow/cL2tFCRREbx">Ripple’s XRP Leads Crypto Rebound, While Bitcoin ETFs Log Second-Worst Outflow Streak This Year</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Representative image of Bitcoin with stock market data. (Source: Andriy Onufriyenko/Getty Images)

Strive Upsizes Preferred Stock Offering To $160 Million To Fund Bitcoin Purchases 

Strive upsized its inaugural preferred stock offering by 38% to raise over $160 million.

Equity

Strive upsized its inaugural preferred stock offering by 38% to raise over $160 million.


<ul class="summary-bullets"><li>Strive CEO Matt Cole, who was once a Bitcoin skeptic, said his conviction formed while managing one of the largest U.S. Treasury portfolios and engaging directly with Federal Reserve and Treasury officials.</li><li>He argued that continuous government money printing is bipartisan and unlikely to stop, creating long-term “tailwinds for Bitcoin.”</li><li>BlackRock’s Larry Fink and hedge fund manager James Lavish have also cited concerns about debt and inflation as reasons investors are turning to Bitcoin and gold.</li></ul>Matt Cole, CEO of Strive (ASST), reportedly said that the U.S. debt crisis and ongoing fiat currency debasement convinced him that Bitcoin (BTC) is the ultimate hedge.&nbsp;Once a skeptic, Cole&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.bloomberg.com/news/videos/2025-10-29/bitcoin-is-the-answer-to-debt-crisis-strive-ceo">told</a> Bloomberg that his perspective changed while managing a large portfolio of U.S. Treasuries and engaging directly with the Federal Reserve and Treasury. “It actually was the reason I became a bitcoiner in the first place,” Cole said.&nbsp;<blockquote>“Talking directly to the Fed, to the Treasury, gave me conviction that Bitcoin was the only answer to the debt crisis and the fiat currency debasement.”– Matt Cole, CEO, Strive</blockquote><a href="http://stocktwits.com/symbol/ASST">Strive’s stock</a> gained 1.6% in midday trade on Thursday, with retail sentiment around the company continuing to trend in ‘extremely bullish’ territory amid ‘extremely high’ levels of chatter over the past day. Meanwhile,&nbsp;<a href="http://stocktwits.com/symbol/BTC.X">Bitcoin’s price</a> continued to plummet, down 3.4% in the last 24 hours. The apex cryptocurrency was trading at around $107,700 at the time of writing.<h2 class="st-heading-2">The ‘Debasement Trade’</h2>For Cole and other advocates, Bitcoin is both a hedge against debasement and a tool for financial independence. He noted that Wall Street is beginning to adopt this perspective, with the “debasement trade” emerging as a broader investment strategy. This is when traders look to protect wealth against the gradual devaluation of fiat currencies caused by governments and central banks expanding the money supply faster than economic output grows.&nbsp;Cole described the problem as bipartisan and deeply entrenched. “The U.S. government’s never going to stop printing money,” he said. “The debt crisis is a bipartisan issue, and while I’d love to see it solved, I’m not optimistic. That only provides more tailwinds for Bitcoin and people that invest in it.”<h2 class="st-heading-2">Wall Street Turns To Bitcoin For Safety</h2>Other industry leaders share a similar outlook. BlackRock CEO Larry Fink cited rising U.S. debt and concerns about the weakening of fiat currencies as drivers of investor demand for Bitcoin and gold at a conference in Saudi Arabia earlier this week.&nbsp;Meanwhile, hedge fund manager James Lavish&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://cointelegraph.com/news/wall-street-debasement-trade-video">told</a> Coin Telegraph that growing inflation and liquidity pressures could prompt investors to seek protection in scarce assets like Bitcoin.Despite gaining roughly 50% over the past 12 months, Bitcoin’s strong rally stalled in October. The token, which hit a record above $126,000 earlier this month, now trades about 14.5% lower. Strive, a Bitcoin digital asset treasury, announced that it had purchased an additional 72.3 Bitcoin earlier this week, bringing its total holdings to 5,957.9 tokens.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoin-dips-triggers-800-million-in-crypto-liquidations-after-powells-warning/cLGFrJnR3Dy">Bitcoin Dips, Triggers $800 Million In Crypto Liquidations After Powell’s December Warning</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Golden Bitcoin coins lie on a US dollar banknote. (Photo by Fernando Gutierrez-Juarez/picture alliance via Getty Images)

‘Bitcoin Was the Only Answer To The Debt Crisis’ – Strive CEO Reportedly Backs Growing Wall Street Move Into Crypto

In an interview with Bloomberg, Strive CEO Matt Cole noted that Wall Street is beginning to adopt this perspective, with the “debasement trade” emerging as a broader investment strategy.

<ul class="summary-bullets"><li>Strive, following its merger with Asset Entities in mid-September, announced plans to become a Bitcoin holding company.</li><li>Bitcoin topped the $116K earlier in the Asian session, before giving back some of the gains.</li><li>The optimism toward cryptocurrencies stemmed from a raft of catalysts, including the brightening prospects of a U.S.-China deal.</li></ul>Strive Asset Management, LLC (ASST) stock climbed sharply in Monday’s early premarket session, signaling that it may rise for a third consecutive session.On Stocktwits, retail sentiment toward&nbsp;<a href="https://stocktwits.com/symbol/ASST">Strive stock</a> remained ‘extremely bullish’ as of early Monday, and the message volume jumped to ‘extremely high’ levels.<h2 class="st-heading-2">Strive’s Bitcoin-Inspired Rally?</h2>Nasdaq-listed Asset Entities, a marketing company, closed its merger with asset management company Strive in mid-September, retaining the Strive name and ‘ASST’ ticker. The company, co-founded by Vivek Ramaswami, announced plans to become a Bitcoin (BTC) holding and marketing company.ASST’s premarket gains on Monday could be traced to strong gains in Bitcoin (BTC), which topped the $116K earlier in the Asian session,&nbsp;before giving back some of the gains. The optimism toward crypto stemmed from a raft of catalysts, including the brightening prospects of a U.S.-China deal following productive high-level talks between the two countries in Malaysia over the weekend.Hopes of a rate cut from the Federal Reserve’s rate-setting committee, when it meets for a two-day meeting that kicks off on Tuesday, also lent support to cryptocurrencies.<h2 class="st-heading-2">What Retail’s Feeling About Strive Stock</h2>Retail’s interest in Strive’s stock has been on the rise, with the one-year follower count rising 675% and the message volume over the past seven days leading up to late Sunday was up over 900%.A bullish watcher lauded the company for the bold move to merge and become the first public Bitcoin treasury company, backed by a massive $750 million funding plan. “Big vision, big potential!” they said.<stembedurl>https://stocktwits.com/StockGuru95/message/633790891</stembedurl>Another user expected algorithmic buying on Monday, just like last Friday, when it ripped before remaining stuck for a long time.<stembedurl>https://stocktwits.com/Ammylovlov/message/633790840</stembedurl>Since its mid-September listing, the stock has lost about 82%. In premarket, the stock climbed over 26% on top of Friday’s 27%+ rally.&nbsp;For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/why-avidity-biosciences-stock-is-jumping-over-43-in-premarket-today/cLG0dICR3Ma">Why Avidity Biosciences Stock Is Jumping Over 43% In Premarket Today</a>

Why Strive Stock Is Ripping Higher In Premarket Today

Strive Asset Management, LLC (ASST) stock climbed sharply in Monday’s early premarket session, signaling that it may rise for a third consecutive session.

Why Strive (ASST) Stock Is Ripping Higher In Premarket Today

Strive (ASST) announced on Monday that it will acquire Semler Scientific (SMLR) in an all-stock deal, valuing the company at a roughly 210% premium.&nbsp;<a href="http://stocktwits.com/symbol/SMLR">Semler Scientific’s stock</a> jumped more than 10% at market open, with retail sentiment on Stocktwits climbing to ‘extremely bullish’ from ‘bearish over the past day. Retail chatter also surged to ‘extremely high’ from ‘high’ levels.&nbsp;Meanwhile,&nbsp;<a href="http://stocktwits.com/symbol/ASST">Strive’s stock</a> slipped more than 4% at market open on Monday, with retail sentiment around the Vivek Ramaswamy-backed company falling to ‘bullish’ from ‘extremely bullish’ territory over the past day and retail chatter slowing down to ‘high’ from ‘extremely high’ levels. The transaction, which will exchange each Semler share for 21.05 Class A shares of Strive, implies a price of $90.52 per Semler share based on last Friday’s closing prices. Alongside the merger, Strive announced it had purchased 5,816 Bitcoin (BTC) for its corporate treasury at an average price of $116,047 per coin, totaling roughly $675 million.At the time of writing,&nbsp;<a href="http://stocktwits.com/symbol/BTC.X">Bitcoin’s price</a> had already fallen to $112,800 after a dip of 2.5% over the past day.&nbsp;This puts Semler’s new Bitcoin purchase at an unrealized loss of around 2.7%.&nbsp;The new purchase brings Strive’s total Bitcoin holdings to 5,886. Combined with Semler Scientific’s existing Bitcoin holdings, the merged company would control more than 10,900 Bitcoins, with additional cash reserves set aside to support future perpetual preferred offerings.The companies said the merger will allow them to explore monetizing Semler Scientific’s diagnostics business while establishing a new management team and broadening its focus on preventative diagnostics. Strive’s current management and board will remain in place once the merger is complete, with Semler Scientific Executive Chairman Eric Semler expected to join the board of the combined company.The combined company aims to become the fastest-growing corporate Bitcoin holder, employing a “preferred equity only” leverage model, which it said is designed to avoid debt maturity risks associated with leveraged crypto strategies. Strive also stated it will maintain sufficient cash reserves to support future perpetual preferred offerings, while continuing to pursue growth in both digital asset holdings and the diagnostics sector.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/cryptocurrency/eth-price-drop-leads-1-6-b-crypto-liquidation-doge-sol-ada-hit-hardest/chDQVwbR32P">ETH Price Drop Leads $1.6B Crypto Liquidation – DOGE, SOL, ADA Hit Hardest</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Strive To Merge With Semler Scientific, Boosts Bitcoin Holdings To Nearly 11,000 BTC

Strive announced it has acquired an additional 5,816 Bitcoin for its corporate treasury, bringing the merged entity’s total holdings, including Semler Scientific’s existing Bitcoin, to approximately 10,900 BTC.

Strive, Inc. shares rose 3.5% in after-market trading on Tuesday, a modest surge following a nearly 50% decline over the last three sessions, marked by a slew of corporate announcements and its effective conversion into a Bitcoin holding company, with retail interest climbing significantly.Nasdaq-listed Asset Entities, a marketing company, closed its merger with asset management company Strive on Friday, retaining Strive as the name of the resultant company and ticker 'ASST.'As part of the deal, first announced in May, Strive is also raising $750 million by selling stock, with an option of receiving another $750 million when investors exercise the warrants it had issued.The more significant&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://investors.strive.com/news-releases/news-release-details/strive-announces-board-directors-and-initial-bitcoin-strategy">corporate update</a> came on Monday, when it announced plans to become a Bitcoin holding and marketing company.The company stated that it acquired 69 bitcoins via a Section 351 exchange (a form of tax-free asset transfer by founders and investors) as part of the merger with Asset Entities.It also plans to use up to $1.5 billion from the ongoing stock sale and another $450 million from a new at-the-market (ATM) program sale to buy Bitcoins. Strive also announced a new board, which includes members with significant exposure to the cryptocurrency space."Strive is the first publicly traded asset management Bitcoin treasury company. The Company is focused on increasing Bitcoin per share to outperform Bitcoin over the long run," the company's description read in one of its statements.Strive’s strategy echoes that of Michael Saylor’s Strategy, which shifted part of its corporate treasury into Bitcoin, and GameStop’s pivot toward cryptocurrency amid the Trump administration’s favorable policy environment.A company with sizable Bitcoin holdings stands to see its asset base swell, and potentially its stock, when the cryptocurrency’s price climbs. The flip side is that the exposure also carries significant risk.On Stocktwits, the retail sentiment was 'extremely bullish,' unchanged over the last seven days. Retail watchers of the stock have grown 37% over this period, and over 100% in the past three months, according to Stocktwits data.User comments were mixed, expressing confusion as well as optimism on the company's moves."$ASST as we near 11 thousand watchers i feel this needs to be said, this company has value here. It will not go bankrupt. They have a business plan with very wealthy connected people at the head of it," said one user.<stembedurl>https://stocktwits.com/XORAA/message/628903694</stembedurl><a href="https://stocktwits.com/symbol/ASST">ASST stock</a> is up a whopping 812% year-to-date.For updates and corrections, email newsroom[at]stocktwits[dot]com.

Physical representations of Bitcoin appear with the Bitcoin logo displayed on a laptop computer screen in the background. (Photo by Nikolas Kokovlis/NurPhoto via Getty Images)

Strive Ignites Retail Buzz As It Converts To Bitcoin Treasury Firm

Strive recently became a listed company through its reverse merger with Nasdaq-listed Asset Entities.

Asset Entities Inc. (ASST) shares surged 16% in premarket trading on Friday as traders anticipated the expected closing of its takeover by Strive Enterprises.The stock was among the top five trending tickers at the time of writing, with over 260,000 shares already changing hands. The combined entity will focus on setting up a Bitcoin treasury after the close, when it will be renamed Strive Inc. and will be led by Strive Enterprises' CEO, Matt Cole.The merger comes amid renewed interest among companies in creating cryptocurrency treasuries, following the footsteps of Michael Saylor’s Strategy, which holds over 630,000 Bitcoins, currently valued at over $73 billion.Retail sentiment on Stocktwits about <a href="https://stocktwits.com/symbol/ASST">Asset Entities</a> was in the ‘extremely bullish’ territory at the time of writing.<figure class="image"><img style="aspect-ratio:789/92;" src="https://news.stocktwits-cdn.com/ASST_Sept_12_JPG_3c6839a2e9.webp" alt="ASST’s Sentiment Meter and Message Volume as of 05:05 a.m. ET on Sept. 12, 2025 | Source: Stocktwits" width="789" height="92"><figcaption>ASST’s Sentiment Meter and Message Volume as of 05:05 a.m. ET on Sept. 12, 2025 | Source: Stocktwits</figcaption></figure>The deal was first announced in May, with the companies offering a unique share-to-Bitcoin exchange in a manner that is intended to be tax-free to investors under section 351 of the U.S. tax code.Concurrent to the closing of the deal, the firm expects to raise more than $750 million through a private placement financing (PIPE), with an additional $750 million potentially available upon the exercise of warrants.Asset Entities provides social media marketing, management, and content delivery across Discord, TikTok, Instagram, X, and other social media platforms.Strive was founded by Cole and former presidential candidate Vivek Ramaswamy, who is currently running to become the Ohio Governor. Strive Asset Management, a unit of the company, now manages over $2 billion in assets.“Hope they drop the news pre-market so we can run all day,” one user said.<stembedurl>https://stocktwits.com/Basana09/message/628407067</stembedurl>Asset Entities' stock has surged nearly 1,700% this year.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/winklevoss-crypto-exchange-gemini-rakes-in-425-m-in-ipo-proceeds/chw8mE1Rdww">Winklevoss’ Crypto Exchange Gemini Rakes In $425M In IPO Proceeds — Retail Eyes The Moon</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Currency and Exchange Stock Chart for Finance and Economy Display. (Image Courtesy: Getty Images)

Why Is Asset Entities' Stock Surging Premarket? 

The stock was among the top five trending tickers at the time of writing, with over 260,000 shares already changing hands.

Strive, Inc. engages in the provision of an asset management Bitcoin treasury. It offers its services to Discord, TikTok, and other social media platforms. The company was founded by Arshia Sarkhani, Jackson Fairbanks, Arman Sarkhani, and Kyle Fairbanks in August 2020 and is headquartered in Dallas, TX.

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