Strive, Inc. (NASDAQ:ASST) stock fell Friday following the company’s announcement of the successful completion of its Semler Scientific acquisition. The stock’s decline comes as broader markets are mixed, with the S&P 500 slightly up while the Dow Jones is down.
Strive now holds approximately 12,797.9 bitcoins, making it the 11th-largest publicly traded corporate holder of Bitcoin (CRYPTO: BTC/USD) globally. Additionally, Avik Roy has been appointed as Chief Strategy Officer, focusing on monetizing Semler Scientific’s operating business by expanding its mandate into early-disease detection products.
The company has also welcomed Eric Semler, former chairman of Semler Scientific, as an independent board member, and Joe Burnett, previously director of Bitcoin Strategy for Semler Scientific, has joined as VP of Bitcoin Strategy. This strategic move aims to enhance Strive’s position in the healthcare sector while leveraging its bitcoin holdings.
ASST Struggles with Long-Term Momentum
The stock is currently trading 5.2% above its 20-day simple moving average (SMA) but is 56.4% below its 100-day SMA, indicating a struggle to maintain momentum in the longer term. Over the past 12 months, shares have increased by 102.98% and are currently positioned closer to their 52-week lows than highs.
The RSI is at 50.75, which is considered neutral territory, suggesting no strong momentum in either direction. Meanwhile, MACD is above its signal line, indicating bullish momentum.
The combination of neutral RSI and bullish MACD suggests mixed momentum for the stock.
- Key Resistance: $1.00
- Key Support: $0.50
Strive’s Earnings Expectation: EPS Growth Forecast
Investors are looking ahead to the company’s next earnings report on March 30, 2026, with analysts expecting earnings per share of $-0.01, up from $-0.21 from the same quarter last year, and revenue of $1.80 million, up from $0.21 million from the same quarter last year. Strive, Inc. Class A Common Stock has a consensus Buy rating among analysts with an average price target of $1.50.
Benzinga Edge Ranks Strive as ‘High-Flyer’
Below is the Benzinga Edge scorecard for Strive, highlighting its strengths and weaknesses compared to the broader market:
- Momentum: Bullish (Score: 83/100) — Stock is outperforming the broader market.
- Quality: Solid (Score: 66/100) — Balance sheet remains healthy.
- Value: Risk (Score: 4/100) — Trading at a steep premium relative to peers.
The Verdict: Strive’s Benzinga Edge signal reveals a classic ‘High-Flyer’ setup. While the Momentum (83) confirms the strong trend, the extremely low Value (4) score warns that the stock is priced for perfection—investors should ride the trend but use tight stop-losses.
ASST Price Action: Strive shares were down 0.26% at $0.96 at the time of publication on Friday. The stock is near its 52-week low of $0.38, according to Benzinga Pro data.
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