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Asset Entities

ASST

Strive is a structured finance and institutional asset management firm that operates as a bitcoin treasury company.

Market cap
$1.03B+854%
Revenue$8.7M+1,176%
Net income-$695.4M-3,286%
Free cash flow-$79.8M-269%
EPS (diluted)-$25.48-258%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 4, 2026 (In 3 weeks)
Revenue estimate$3.0M
EPS estimate$0.38

Financials

Q1 2026

Income statement

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Revenue$2.8M+1,516%
Operating income-$313.1M-7,588%
Net income-$265.9M-6,993%
EPS (diluted)-$4.53-175%

Balance sheet

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Cash & equivalents$95.1M+982%
Total debt$3.4M
Total equity$714.8M+3,548%
Total assets$1.1B+21,931%

Cash flow

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Operating cash flow-$31.0M-455%
CapEx--100%
Free cash flow-$31.0M-450%

Valuation & ratios

Valuation

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Market cap$1.03B+854%
Enterprise value$940.83M
P/S119.1×-25.8×

Profitability

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Operating margin-6,563%-18,545pp
Net margin-8,022.9%-20,291pp

Returns & leverage

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Return on equity-189.4%+139pp
Debt / equity
Current ratio11.4×+1.7×

Segments

By segment

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Medical Device$1.4M
Asset Management$1.3M-5.3%
Corporate & Other$43.0K

By product

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Medical device revenues$1.4M
Investment advisory fees$1.3M-4.9%

Competitors

Profile

Strive is a structured finance and institutional asset management firm that operates as a bitcoin treasury company. The firm utilizes a bitcoin-based reserve strategy, adopting the digital asset as its primary hurdle rate for capital deployment and long-term value creation. Through its integrated operations, the company combines traditional capital market financing structures with modern digital asset management to maximize stockholder purchasing power.

Competitive position

Strive is the first U.S. publicly traded bitcoin treasury asset management firm, positioning itself at the intersection of institutional finance and decentralized digital assets.

GeographiesUnited States
Customer segmentsInstitutional, Healthcare providers, Insurance companies
Business modelAsset management fees, Licensing, Treasury management, Strategic M&A
SuppliersBitcoin network nodes and miners, Institutional-grade digital asset custodians, Independent medical device contractors, Equity and debt capital markets
CustomersInstitutional asset management clients, Healthcare systems and physician groups, Public equity investors
Listed2025
Employees11.0
CEOMatthew Ryan Cole
FilingsSEC EDGAR

Questions, answered.

What is Asset Entities's market cap?
Asset Entities (ASST) has a market capitalization of $1.0B and trades on NASDAQ.
What is Asset Entities's revenue and profitability?
Asset Entities generated $8.7M in trailing twelve-month revenue with a net loss of $695.4M, representing a net margin of -8022.9%, with free cash flow of -$79.8M. These figures are based on the Q1 2026 filing.
Who are Asset Entities's competitors?
Asset Entities's key competitors include MicroStrategy Incorporated, Marathon Digital Holdings, Coinbase Global, Inc., and others. These companies compete in similar markets and product categories.
Who does Asset Entities partner with?
Asset Entities's notable partners include Strategy Inc., Centers for Medicare and Medicaid Services.
What subsidiaries does Asset Entities have?
Asset Entities's subsidiaries include Semler Scientific, Strive Enterprises, Inc., Asset Entities Inc..
Where is Asset Entities headquartered?
Asset Entities is headquartered in United States of America and employs approximately 11 people. It has been publicly traded since 2025.