Strive doubles down on bitcoin, crosses $1B milestone

Strive (ASST) shares rose 0.5% in pre-market trade after the Vivek Ramaswamy-backed company revealed it purchased 789 Bitcoin for approximately $61 million last week. This acquisition increased its total holdings to 14,557 BTC, worth around $1.1 billion. The firm also reported holding $90.5 million in cash and $50.3 million in Strategy preferred stock.