Institutional / Analyst Tone
Strive and Semler Rally as Undervaluation and Bitcoin Strength Reignite Investor Interest
Strive Asset Management (ASST) rose 30% Monday to $1.46, extending gains from late last week as the market reassessed the stock’s valuation relative to its Bitcoin holdings.
Investor Mike Alfred’s disclosure of a large ASST position — over 1 million shares — added fuel to the move, while Bitcoin’s recent strength lent further support. Semler Scientific (SMLR), Strive’s merger partner, also climbed 18% to $28.40.
Despite initial market skepticism surrounding Strive’s 210% premium offer for Semler, analysts note that ASST’s price remains below the implied value of its Bitcoin balance sheet. The renewed momentum reflects both technical recovery and growing confidence in the long-term Bitcoin treasury model.
