On November 5, 2025, Vivek Ramaswamy made a significant investment in Strive Inc., purchasing 15,625 shares of Variable Rate Series A Perpetual Preferred Stock at $80 per share for a total of $1.25 million. This transaction was part of Strive’s upsized underwritten public offering, as confirmed by a Form 4 filing with the Securities and Exchange Commission.
### Strive’s Upsized IPO
Strive completed an upsized initial public offering (IPO) on the same day, raising approximately $160 million by selling 2 million shares of Variable Rate Series A Perpetual Preferred Stock at $80 each. This offering was larger than the initial plan, which targeted 1.25 million shares. The gross proceeds from the offering are earmarked for various corporate purposes, including acquisitions of Bitcoin and potential debt repayment. Settlement of the offering took place on November 10, 2025.
### Ramaswamy’s Holdings
Following this purchase, Vivek Ramaswamy’s total holdings in Strive have grown significantly. He now directly owns 113,877,916 Class B Common Stock shares, and an additional 28,378,826 Class B shares are held indirectly through his 2021 Irrevocable Trust. Combined, his direct and indirect holdings exceed 142 million Class B Common Stock shares, with the newly acquired preferred shares adding to his portfolio.
### Stock Performance and Market Activity
As of November 7, 2025, Strive’s stock (ticker: ASST) closed at $1.51, reflecting a market capitalization of roughly $141 million. The stock has delivered an impressive 208% year-to-date return.
Between November 6 and November 7, ASST’s price rose from $1.45 to $1.51, showing a 37.3% gain over two weeks despite some underperformance earlier in the quarter. Market activity has surged as well, with over 278,000 option contracts traded on November 7 alone, pushing the open interest to 3.48 million contracts. The stock’s 52-week trading range spans from $0.335 up to $13.42.
Strive’s shares experience notable volatility, trading with a beta of -0.71 and a price-to-earnings (P/E) ratio of -1.62 due to ongoing operational losses. Recent technical indicators place price support at $1.24 and resistance near $1.66.
### Corporate Developments
In addition to financial moves, Strive’s board has approved the removal of the maximum number of directors cap, effective December 31, 2025. This change lifts the previous limit of 11 directors, allowing the company greater flexibility in board appointments.
Ben Werkman has joined Strive as Chief Investment Officer, bringing experience from Swan Bitcoin, where he previously served. Werkman also founded a Bitcoin treasury advisory firm and has a background at KPMG. Under his leadership, Strive continues to pursue its Bitcoin-focused investment strategy, aiming to accumulate Bitcoin and enhance Bitcoin-per-share value. The company’s goal remains to outperform Bitcoin itself as a long-term investment benchmark.
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Vivek Ramaswamy’s recent investment and Strive’s strategic moves highlight the company’s commitment to growth in the Bitcoin sector amid robust market interest and evolving corporate governance.
https://blockonomi.com/strive-asst-stock-insider-purchases-1-25-million-in-preferred-shares/