Strive’s Bitcoin Buys Prompt Price Target Increase
TD Cowen analysts raised their price target for Strive Asset Management to $24 per share, a 27% increase, citing the firm’s ongoing accumulation of Bitcoin (BTC). The investment bank believes Strive’s strategic purchases are a positive catalyst for its stock performance.
Warrant Pressure Expected to Ease
The upgrade comes as Strive plans additional funding rounds specifically earmarked for further Bitcoin acquisitions. TD Cowen’s assessment indicates that the market’s concern regarding outstanding warrants related to Strive’s stock is likely to subside. These warrants have previously weighed on the share price due to potential dilution.Strategic Bitcoin Allocation
Strive, founded by Vivek Ramaswamy, has positioned itself as an investment firm focused on “freedom” and has actively incorporated Bitcoin into its investment strategies. The firm’s commitment to BTC is seen as a differentiating factor in the asset management landscape. The recent buying spree signals a continued conviction in Bitcoin’s long-term potential.
Market context
Market data reflects conditions at publication time and is not updated in real time.
Data captured at: Oct 16, 2026 23:24 (Tehran)
Likely market impact
| Segment | Outlook |
|---|---|
| Bitcoin | ▲ Positive |
| Ethereum | ● Neutral |
| Altcoins | ● Neutral |
| Short term | ▲ Positive |
| Long term | ● Neutral |
Spot prices at publication
Fear & Greed Index
Chart
Source: The Block