Jane Street reports 5.5% Strive (ASST) stake, including 31.1M warrant shares

Rhea-AI Filing Summary

Strive, Inc. received an updated ownership disclosure from several Jane Street entities showing a sizeable passive stake in its Class A common stock. Jane Street Group, LLC reports beneficial ownership of 39,908,811 shares, representing 5.5% of the class, with shared voting and dispositive power over all of these shares.

This total includes 31,111,111 shares that can be acquired from warrants held by Jane Street Global Trading, LLC. Jane Street Options, LLC reports 8,797,700 shares (1.3%), while Jane Street Global Trading, LLC reports 31,111,111 shares (4.5%). The ownership percentages are based on 698,734,905 shares outstanding as of December 31, 2025, adjusted to 729,846,016 shares to reflect the warrants. The filing states the securities are not held for the purpose of changing or influencing control of Strive.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Strive, Inc.

(Name of Issuer)

Class A Common Stock, $0.001 par value per share

(Title of Class of Securities)

862945102

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 862945102

1

Names of Reporting Persons

JANE STREET GROUP, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 39,908,811.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 39,908,811.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

39,908,811.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.5 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: The reported holding includes 31,111,111 shares that can be acquired from warrants held by Jane Street Global Trading, LLC. The % ownership calculation uses 729,846,016 outstanding shares which is based on (1) 698,734,905 shares outstanding as of December 31, 2025 as stated in the issuer's 8K filing on January 5, 2026; and (2) dilution of the outstanding shares due to 31,111,111 warrants held by Jane Street Global Trading, LLC.

SCHEDULE 13G

CUSIP No. 862945102

1

Names of Reporting Persons

Jane Street Capital, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

BD

Comment for Type of Reporting Person: The % ownership calculation uses 729,846,016 outstanding shares which is based on (1) 698,734,905 shares outstanding as of December 31, 2025 as stated in the issuer's 8K filing on January 5, 2026; and (2) dilution of the outstanding shares due to 31,111,111 warrants held by Jane Street Global Trading, LLC.

SCHEDULE 13G

CUSIP No. 862945102

1

Names of Reporting Persons

Jane Street Options, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 8,797,700.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 8,797,700.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,797,700.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.3 %

12

Type of Reporting Person (See Instructions)

BD

Comment for Type of Reporting Person: The % ownership calculation uses 729,846,016 outstanding shares which is based on (1) 698,734,905 shares outstanding as of December 31, 2025 as stated in the issuer's 8K filing on January 5, 2026; and (2) dilution of the outstanding shares due to 31,111,111 warrants held by Jane Street Global Trading, LLC.

SCHEDULE 13G

CUSIP No. 862945102

1

Names of Reporting Persons

Jane Street Global Trading, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 31,111,111.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 31,111,111.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

31,111,111.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

4.5 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The reported holding includes 31,111,111 shares that can be acquired from warrants held by Jane Street Global Trading, LLC. The % ownership calculation uses 729,846,016 outstanding shares which is based on (1) 698,734,905 shares outstanding as of December 31, 2025 as stated in the issuer's 8K filing on January 5, 2026; and (2) dilution of the outstanding shares due to 31,111,111 warrants held by Jane Street Global Trading, LLC.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Strive, Inc.
(b)	Address of issuer's principal executive offices: 200 CRESCENT CT, 200 CRESCENT CT, DALLAS, TEXAS, 75201
Item 2.
(a)	Name of person filing: Jane Street Group, LLC; Jane Street Capital, LLC; Jane Street Options, LLC; Jane Street Global Trading, LLC
(b)	Address or principal business office or, if none, residence: Jane Street Group, LLC 250 Vesey Street 6th Floor New York, NY 10281 Jane Street Capital, LLC 250 Vesey Street 6th Floor New York, NY 10281 Jane Street Options, LLC 250 Vesey Street 6th Floor New York, NY 10281 Jane Street Global Trading, LLC 250 Vesey Street 6th Floor New York, NY 10281
(c)	Citizenship: See Item 4 of Cover Page
(d)	Title of class of securities: Class A Common Stock, $0.001 par value per share
(e)	CUSIP No.: 862945102
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 39,908,811.00
(b)	Percent of class: 5.5 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 39,908,811.00
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 39,908,811.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Subsidiary Jane Street Capital, LLC Jane Street Options, LLC Jane Street Global Trading, LLC
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

JANE STREET GROUP, LLC

Signature:	/s/ Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized Signatory)
Date:	02/12/2026

Jane Street Capital, LLC

Signature:	/s/ Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized Signatory)
Date:	02/12/2026

Jane Street Options, LLC

Signature:	/s/ Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized Signatory)
Date:	02/12/2026

Jane Street Global Trading, LLC

Signature:	/s/ Jeremy Kahn
Name/Title:	Jeremy Kahn (Authorized Signatory)
Date:	02/12/2026

FAQ

What ownership stake in Strive, Inc. does Jane Street report in this Schedule 13G/A?

Jane Street Group, LLC reports beneficial ownership of 39,908,811 Strive Class A shares, representing 5.5% of the class. This stake is reported with shared voting and dispositive power, indicating coordinated control over that block across Jane Street-affiliated entities.

How many Strive (ASST) shares are tied to Jane Street’s warrants?

The filing states that 31,111,111 shares of Strive Class A common stock can be acquired from warrants held by Jane Street Global Trading, LLC. These warrant-linked shares are included in the 39,908,811 shares reported as beneficially owned by Jane Street Group, LLC.

What percentage of Strive’s outstanding shares does Jane Street’s position represent?

Jane Street Group, LLC reports holding 5.5% of Strive’s Class A common stock. This percentage is calculated using 729,846,016 shares, derived from 698,734,905 shares outstanding as of December 31, 2025 plus 31,111,111 shares issuable under Jane Street’s warrants.

How many Strive shares does each Jane Street entity report holding?

Jane Street Group, LLC reports 39,908,811 shares (5.5%), Jane Street Options, LLC reports 8,797,700 shares (1.3%), and Jane Street Global Trading, LLC reports 31,111,111 shares (4.5%). Jane Street Capital, LLC reports 0 shares and 0.0% of the class.

Is Jane Street seeking to influence control of Strive, Inc. with this stake?

The filing explicitly certifies that the securities “were not acquired and are not held” for the purpose of changing or influencing control of Strive. It further states they are not held in connection with any transaction having that purpose, other than certain nomination-related activities.

What share count for Strive (ASST) does Jane Street use to calculate ownership percentages?

Jane Street uses an adjusted total of 729,846,016 shares outstanding. This is based on 698,734,905 shares outstanding as of December 31, 2025, as referenced in an 8-K, plus dilution from 31,111,111 warrants held by Jane Street Global Trading, LLC.