Investment bank B. Riley initiates coverage on Strategy and Strive, respectively giving a buy rating

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Deep Tide TechFlow News, March 10, reports that investment bank B. Riley has initiated coverage on Strategy (MSTR) and Strive (ASST), giving them a buy rating with target prices of $175 and $12, respectively.

B. Riley noted that Bitcoin has fallen over 45% from its October 2025 high of approximately $126,000 to around $69,000, leading to a narrowing of market value premiums over net assets and a slowdown in equity financing for both companies. Currently, Strategy holds 738,731 BTC, with a share price about 1.2 times its mNAV, well below the 3.4 times peak in 2024; Strive holds approximately 13,100 BTC and manages about $2.5 billion in assets, with a share price around 0.9 times its mNAV. Analysts believe that the preferred stock yields (8% to 12.5%) are attractive and could open new growth avenues for digital credit financing.

BTC2.34%
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