The Market Prices $ASST at 0.84x Its Bitcoin: Buying BTC Through Strive at a 16% Discount

๐จ The market prices $ASST at 0.84x its bitcoin. You can buy $BTC through Strive at a 16% discount while it keeps stacking.
What 0.84x Actually Means
Take Strive’s common market cap and divide it by the bitcoin it holds. You get 0.84x. In plain words: the stock is priced below the coins sitting on the balance sheet.
That is not the same as mNAV, which also counts the preferreds. It’s a simpler question: what does the common cost compared to the bitcoin behind it? Right now, less than the bitcoin.
Last Week, Strive Kept Working
- Bought 124 more $BTC, mostly from cash
- Sold its first $SATS through the ATM
- Sold zero new $SATA
- Paid the 103rd dividend on time
No new common dilution. No missed payment. More coins.
Weak Hands Sell the Discount
Down 23% in a week and still buying. That’s the whole story in one line.
Weak hands sell the discount. Strive buys it. Long $ASST ๐
Not financial advice. Do your own research.
Originally posted on X by Rosanna Prestia, MBA (@RosannaInvests): https://x.com/RosannaInvests/status/2117266794750804466