Strive CEO Matt Cole acquires 1 million ASST shares in past 30 days
Matt Cole's share acquisition reflects growing confidence despite stock volatility and strategic shifts in crypto holdings.
Matt Cole, CEO of Strive Asset Management, acquired more than 1 million ASST shares over the past 30 days.
According to a new disclosure, Cole acquired 500,000 ASST shares on January 13 after adding over 515,000 in mid-December.
The share acquisition signals leadershipās confidence in the companyās stock, independent of short-term shifts in corporate crypto strategies.
Vivek Ramaswamy-backed Strive operates as a Bitcoin treasury company, holding Bitcoin as a core asset within its corporate strategy. The company will expand its stash to 12,798 BTC after acquiring Semler Scientific, surpassing Tesla in corporate BTC holdings.
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Strive shares rose 6% on Wednesday, recovering some losses after falling 12% following the announcement of a 1-for-20 reverse stock split and expanded preferred equity plans for the post-merger company.