Strive Gets Buy Rating and $12 Target on Dual-Engine Model
Strive, Inc. received a new Buy rating from B. Riley Securities with a $12 price target, highlighting its dual-engine model and minimal convertible debt. The firm holds approximately 13,132 BTC, raised $762.6 million via PIPE financing, and recently acquired Semler Scientific.
1. B. Riley Initiates Buy Rating
Strive, Inc. received a new Buy rating from B. Riley Securities with a $12 price target and was noted for its valuation discount and diversified capital structure.
2. Dual-Engine Business Model
The company combines a bitcoin treasury operation with an operating asset management arm, leveraging minimal near-term convertible debt to offer payment certainty and capture upside from both asset management fees and digital asset accumulation.
3. Bitcoin Holdings and Financing
Strive holds approximately 13,132 bitcoins and raised $762.6 million through PIPE financing, positioning it to expand its treasury and asset management activities while maintaining liquidity.
4. Semler Scientific Acquisition
On January 16, 2026, Strive completed an all-stock acquisition of Semler Scientific, adding a medical device business to its portfolio and diversifying revenue streams beyond passive bitcoin accumulation.