Strive Adds Bitcoin Amid Strategy Shift

Benchmark analyst Mark Palmer has initiated coverage on Strive with a 'Buy' rating and a $32 price target, signaling a positive outlook despite recent market fluctuations. This development comes as Strive has reportedly added 2,500 Bitcoin to its holdings, increasing its total to 19,000 BTC. This significant acquisition occurred just one day after the company's strategy reportedly shifted towards becoming a seller. The contrasting actions suggest a complex and potentially volatile strategy, with the market closely watching Strive's next moves in the cryptocurrency space.