Strive, Inc.

Strive is a structured finance company and institutional asset manager that focuses on disciplined capital allocation and long-term value creation. The company has adopted bitcoin as its hurdle rate for capital deployment to maximize long-term value for stockholders and compound purchasing power. Strive's operating business generates stockholder value through disciplined balance sheet management and the growth of its bitcoin holdings. The company's SATA Stock is a publicly traded security designed to provide investors with consistent cash flows and minimal volatility, while allowing Strive to capture the spread between SATA Stock's financing cost and the potential long-term return of bitcoin. Strive also focuses on modernizing established financing structures within capital markets. The company developed SATA Stock, a perpetual preferred equity instrument that includes an at-the-market ("ATM") program, creating a flexible and continuous capital formation mechanism. This transforms a static capital structure into a dynamic and adaptive funding platform. Strive combines legacy market frameworks with modern assets, positioning itself at the intersection of institutional finance and a bitcoin-based reserve strategy. Following the reverse acquisition of Asset Entities Inc. by Strive Enterprises, Inc. on September 12, 2025, Strive began operating as a publicly traded company and started deploying capital for its bitcoin treasury strategy, becoming the first U.S. publicly traded bitcoin treasury asset management firm. As of December 31, 2025, the company managed over $2.4 billion in assets under management ("AUM"). These activities provide recurring, fee-based revenue streams that increase with AUM. Beginning in fiscal year 2026, Strive plans to operate its asset-management segment within a single-digit-million dollar operating loss to single-digit-million dollar operating profit range.