Strive Stock Surges as Mike Alfred Endorses Bitcoin Treasury Play

Strive Inc. (NASDAQ:ASST) shares surged, extending a multi-day rally sparked by investor Mike Alfred's endorsement of the company as a top Bitcoin (CRYPTO: BTC/USD) treasury play. Alfred disclosed a stake exceeding 1 million shares and Strive recently announced its pivot to becoming a Bitcoin-focused asset manager, holding an estimated 10,900 Bitcoins worth $1.26 billion in its corporate treasury. The stock last traded at approximately $1.48, up ~34.6%, with a market capitalization of nearly $1.08 billion.