Mar 21, 2026, 10:42 AM ETStrive Asset Management, LLC (ASST) StockPacifica Yield13.85K FollowersCommentsStrive Asset Management is rated Sell due to persistent underperformance and a flawed BTC treasury model.ASST holds 13,628 BTC, but is underwater by 32% with an average purchase price of $104,367 per BTC.Operational costs, rising preferred dividend expenses, and a narrow premium to BTC NAV erode the investment case.ASST’s ability to issue new shares for BTC will be constrained, making direct BTC ownership more attractive.onurdongel/iStock via Getty ImagesStrive Asset Management (ASST) has seen a previously unhinged premium to its Bitcoin (BTC-USD) holdings erode over the last 6 months, with the stock down 88%. This has underperformed by more than 2x theThis article was written byPacifica Yield13.85K FollowersThe equity market is a powerful mechanism as daily fluctuations in price get aggregated to incredible wealth creation or destruction over the long term. Pacifica Yield aims to pursue long-term wealth creation with a focus on undervalued yet high-growth companies, high-dividend tickers, REITs, and green energy firms.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments