Form 3: Co-managing partner discloses 1.11M indirect ASST shares with $1.35 warrants

Rhea-AI Filing Summary

Lavish James filed an Initial Statement of Beneficial Ownership (Form 3) reporting indirect ownership of 1,111,111 Class A common shares through three funds he co-manages: Bitcoin Opportunity Fund, LP (759,259 shares), Bitcoin Opportunity Fund II QP, LP (231,852 shares), and Bitcoin Opportunity Fund II, LP (120,000 shares). Each holding is paired with fully exercisable warrants to buy the same number of shares at an exercise price of $1.35. The holdings are reported as indirect and the filer disclaims beneficial ownership except to the extent of pecuniary interest.

Positive

• Clear disclosure of indirect holdings totaling 1,111,111 Class A shares across three affiliated funds
• Warrants fully exercisable at a stated exercise price of $1.35, with defined expiration mechanics tied to a registration statement
• Form filed timely and signed under power of attorney, satisfying Section 16 reporting requirements

Negative

• None.

Insights

Securities Analyst

TL;DR: Initial disclosure shows meaningful indirect stake via affiliated funds and warrants exercisable at $1.35, a routine Section 16 filing with limited immediate market impact.

The Form 3 documents that the reporting person, as co-managing partner of Graybeard BTC Management, LLC-controlled funds, holds indirect economic and voting influence over a total of 1,111,111 Class A shares and matching warrants. All warrants are fully exercisable at $1.35 and will expire one year after the resale registration statement’s effectiveness date. The filing clarifies the indirect nature of the holdings and includes a standard disclaimer of direct beneficial ownership beyond pecuniary interest.

Corporate Governance Expert

TL;DR: Disclosure meets Section 16 requirements; indirect ownership through managed funds and POA signing are typical and non-adverse governance signals.

The report lists indirect holdings held by funds managed by an entity controlled by the reporting person and is signed by an attorney-in-fact under a power of attorney. This is a standard initial ownership disclosure that provides transparency about voting and dispositive power without indicating a change in control or immediate insider transactions.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Lavish James

(Last) (First) (Middle)

C/O STRIVE, INC.

200 CRESCENT COURT SUITE 1400

(Street)

DALLAS TX 75201

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/12/2025

3. Issuer Name and Ticker or Trading Symbol
Strive, Inc. [ ASST ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	759,259	I(1)	By Bitcoin Opportunity Fund, LP
Class A Common Stock	231,852	I(1)	By Bitcoin Opportunity Fund II QP, LP
Class A Common Stock	120,000	I(1)	By Bitcoin Opportunity Fund II, LP

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrant (Right to Buy)	(2)	(3)	Class A Common Stock	759,259	$1.35	I(1)	By Bitcoin Opportunity Fund, LP
Warrant (Right to Buy)	(2)	(3)	Class A Common Stock	231,852	$1.35	I(1)	By Bitcoin Opportunity Fund II QP, LP
Warrant (Right to Buy)	(2)	(3)	Class A Common Stock	120,000	$1.35	I(1)	By Bitcoin Opportunity Fund II, LP

Explanation of Responses:

1. Represents securities held by funds controlled by Graybeard BTC Management, LLC, a Nevada limited liability company, over which the Reporting Person, as co-managing partner, has voting and dispositive power. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

2. Each warrant is fully exercisable.

3. The warrants will expire on the first anniversary of the effectiveness date of the registration statement relating to the resale of the registrable private investment in public equity securities underlying such warrant.

Remarks:

Exhibit List - Exhibit 24 - Power of Attorney

	/s/ Brian Logan Beirne, attorney-in-fact for James Lavish	09/22/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What stake did Lavish James report in Strive, Inc. (ASST)?

The filing reports indirect ownership of 1,111,111 Class A common shares via three funds: 759,259; 231,852; and 120,000 shares respectively.

Are there any options or warrants reported by Lavish James on Form 3 for ASST?

Yes. Each fund position is paired with fully exercisable warrants to purchase the same number of Class A shares at an exercise price of $1.35.

How does Lavish James hold these ASST securities?

Holdings are reported as indirect through funds controlled by Graybeard BTC Management, LLC, where he is a co-managing partner; he disclaims direct beneficial ownership except for pecuniary interest.

When is the reported event date and filing date on the Form 3?

The event date is 09/12/2025 and the form is signed and dated 09/22/2025.

When do the warrants expire?

The warrants will expire on the first anniversary of the effectiveness date of the registration statement covering resale of the underlying registrable securities.