Strive Asset Management is trading 7.09% lower at $22.93 following Wednesday’s sharp decline, as hotter-than-forecast U.S. inflation renewed rate concerns and pressured risk-sensitive assets.
- Selling continued across Asian markets and bitcoin on October 15.
- The company recently proposed a 5-million-share preferred offering and reported substantial warrant exercises; available reporting does not establish these announcements as the direct cause of today’s move.