Gate News, March 10 — Investment bank B. Riley initiated coverage on Strategy (MSTR) and Strive (ASST), both rated as Buy, with target prices of $175 and $12, respectively. B. Riley noted that Bitcoin has fallen over 45% from its October 2025 high of approximately $126,000 to around $69,000, leading to a narrowing of the premium over net asset value (NAV) in both companies’ market caps and a slowdown in equity financing. Currently, Strategy holds 738,731 BTC, with a stock price about 1.2 times its market NAV, well below the peak of 3.4 times in 2024; Strive holds approximately 13,100 BTC and manages about $2.5 billion in assets, with a stock price around 0.9 times its NAV. Analysts believe that the preferred stock yields (8% to 12.5%) are attractive and could open new growth avenues for digital credit financing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
