尽管斥资 1.85 亿美元收购比特币，但 Strive (ASST) 股价仍下跌 9%

Table of Contents Strive Asset Management (ASST) expanded its digital asset treasury by 2,500 bitcoin during the period spanning May 23 through June 1, investing approximately $185.2 million at an average cost of $74,092 per token.此次战略收购将公司的加密货币储备从 16,500 BTC 提升至 19,000 BTC。周二上午，股价下跌超过 9% 至 15.60 美元。 Strive, Inc., ASST This strategic accumulation propelled Strive ahead of both Coinbase and Riot Platforms in the corporate bitcoin ownership hierarchy.该公司目前在公开上市实体中排名第七，落后排名第六的 Bullish 约 5,300 BTC。 The recent acquisition came at a more favorable average cost compared to Strive’s earlier transaction of 1,109 BTC at $76,989 on May 22. This pricing differential indicates the firm capitalized on market weakness as bitcoin declined from levels above $74,000 to approximately $70,800 throughout the week.事实证明，这一战略时机值得注意。尽管Strive积极积累数字资产，但其规模大得多的竞争对手Strategy (MSTR)却朝着相反的方向发展。 Strategy revealed it divested 32 bitcoin for roughly $2.5 million — representing its first documented sale since late 2022 — indicating the proceeds would support dividend payments on its STRC perpetual preferred securities.这笔交易在加密货币市场引起了连锁反应，并将比特币推至近一个月来的最低点，约为 68,500 美元。 In contrast to Strategy, which utilizes convertible debt instruments and bitcoin-backed leverage, Strive finances its treasury operations through perpetual preferred stock offerings. Benchmark analyst Mark Palmer, who launched coverage Tuesday with a Buy recommendation and $32 price objective, characterized this approach as among the “most differentiated capital structures in the bitcoin treasury sector.” Palmer highlighted that Strive eliminated all outstanding debt stemming from its previous acquisition of bitcoin treasury company Semler Scientific.这使得该公司的债务为零，并且持有的比特币完全不受阻碍。 He emphasized that this structure “substantially reduces Strive’s liquidation and refinancing risk relative to more highly levered bitcoin treasury peers.” Strive additionally oversees more than $2.5 billion in assets via its asset management division, which Benchmark identified as a dependable revenue stream enabling continued BTC accumulation. Strive 公布的季度迄今 BTC 收益率为 23.0%，年初至今收益率为 36.7%。这些指标以每股为基础衡量比特币持有量的扩张，并考虑了额外发行股票带来的稀释。 The organization also documented an amplification ratio of 57.0%, indicating shareholders’ bitcoin exposure expanded more rapidly than bitcoin’s price appreciation during this timeframe.现金储备及等价物从 9,330 万美元增至 1.373 亿美元。首席执行官马特·科尔 (Matt Cole) 通过 X 解释说，提高现金水平是为了保留 18 个月的股息储备。该公司仍持有 Strategy 的 STRC 优先证券约 5000 万美元的股份。 Benchmark’s $32 price objective suggests approximately 93% appreciation potential from the pre-market Class A share price of $16.58, prior to additional declines in early trading.周二上午，比特币交易价格接近 68,500 美元，创下约一个月来的最低水平。