Strive expects $369M from warrant exercises
The bitcoin purchase averaged approximately $83,266 per bitcoin, inclusive of fees and expenses.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
Strive, Inc. (ASST) reported that 273,493,909 traditional warrants to purchase 13,674,703 shares of Class A common stock were exercised from October 12, 2026 through October 13, 2026, for expected gross proceeds of $369.2 million. As of close of business on October 13, 2026, no traditional warrants issued in connection with the PIPE transaction remained outstanding.
From October 12, 2026 through October 13, 2026, Strive also purchased 2,822 bitcoin.
8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Traditional warrants exercised: 273,493,909 warrants
Class A common shares purchasable under exercised warrants: 13,674,703 shares
Expected gross proceeds: $369.2 million
+3 more
6 metrics
Traditional warrants exercised
273,493,909 warrants
October 12, 2026 through October 13, 2026
Class A common shares purchasable under exercised warrants
13,674,703 shares
Traditional warrants exercised October 12, 2026 through October 13, 2026
Expected gross proceeds
$369.2 million
Traditional warrant exercises from October 12, 2026 through October 13, 2026
PIPE traditional warrants remaining outstanding
0 warrants
As of close of business on October 13, 2026
Bitcoin purchased
2,822 bitcoin
October 12, 2026 through October 13, 2026
Average bitcoin purchase price
Approximately $83,266 per bitcoin
Inclusive of fees and expenses
Key Terms
traditional warrants, PIPE transaction, gross proceeds
3 terms
traditional warrants financial
"273,493,909 traditional warrants to purchase 13,674,703 shares"
PIPE transaction financial
"issued in connection with the Company's PIPE transaction"
A PIPE transaction is when a publicly traded company sells new shares or convertible securities directly to a select group of private investors, rather than through a public offering. It’s essentially a quick way for a company to raise cash, but it can dilute existing shareholders and often involves a price discount, so investors watch PIPEs for their potential impact on share value and ownership stakes—like a private top-up that changes the size of everyone’s slice of the pie.
gross proceeds financial
"expected gross proceeds of $369.2 million"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What gross proceeds did Strive (ASST) expect from warrant exercises?
Strive expected $369.2 million in gross proceeds from the exercise of traditional warrants from October 12, 2026 through October 13, 2026.
How much bitcoin did Strive (ASST) purchase and at what average price?
Strive purchased 2,822 bitcoin at an average price of approximately $83,266 per bitcoin from October 12, 2026 through October 13, 2026. The average price is inclusive of fees and expenses.
How many PIPE traditional warrants remained outstanding for Strive (ASST)?
No traditional warrants issued in connection with the PIPE transaction remained outstanding as of close of business on October 13, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
_________________________________________________________
FORM 8-K
_________________________________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 14, 2026
_________________________________________________________
(Exact name of Registrant as Specified in Its Charter)
_________________________________________________________
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
| (Address of principal executive offices and zip code) | ||||||||
Registrant’s Telephone Number, Including Area Code: (855 ) 427-7360
(Former Name or Former Address, if Changed Since Last Report)
_________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01. Other Events.
On October 14, 2026, Strive, Inc. ("Strive" or the "Company") announced that from the period of October 12, 2026 through October 13, 2026, 273,493,909 traditional warrants to purchase 13,674,703 shares of Class A common stock were exercised for expected gross proceeds of $369.2 million. As of close of business on October 13, 2026, there were no traditional warrants issued in connection with the Company's PIPE transaction remaining outstanding. The Company also announced that from the period of October 12, 2026 through October 13, 2026, Strive purchased 2,822 bitcoin at an average price of approximately $83,266 per bitcoin, inclusive of fees and expenses.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Strive, Inc. | |||||||||||
| Date: | October 14, 2026 | By: | /s/ Matthew Cole | ||||||||
| Matthew Cole | |||||||||||
| Chief Executive Officer | |||||||||||