One purchase of 1,800 Bitcoins made Strive (stock code ASST) become the fifth largest listed company in the world holding Bitcoins. This ranking change itself is a signal: the competition for Bitcoin corporate reserves has entered a stage where calculations in units of "thousands" are needed to squeeze into the top five.
Investment bank TD Cowen immediately raised the target price of ASST after this purchase and re-estimated Strive's future currency holding trajectory. According to TD Cowen’s latest prediction, Strive will accumulate 27,156 Bitcoins by the end of 2026, which is nearly 4,300 more than the previous forecast number. This correction is not small - it means that analysts believe that Strive's buying rhythm in the next year or so will be more active than originally thought.
The current public information only goes so far: the buying action has taken place, the ranking has been established, and TD Cowen's new target price and new forecast numbers have been announced. As for the purchase price and time of these 1,800 Bitcoins, as well as the current total currency holdings of Strive, they are not provided in the material and will not be elaborated for the time being.
