Key Highlights

● Strive opened at $30.05 on Tuesday, September 29, 2026, above a prior close of $29.00, then traded at $28.97.

● No specific reason was cited for the move, and the stock moved with steady crypto sentiment.

● Strive is a bitcoin-treasury company, so its shares tend to move closely with the price of bitcoin.

● Bitcoin was slightly higher at about $83,607, though it remained lower than a year earlier.

Strive, Inc. (NASDAQ:ASST) gapped up at the open on Tuesday, September 29, 2026, then drifted back to roughly unchanged. The stock opened at $30.05, above its prior close of $29.00, but later traded at $28.97, essentially flat on the day. No specific reason was cited for the session, and the stock moved with crypto sentiment, which was steady rather than exciting.

A Bitcoin-Linked Stock

Strive is a bitcoin-treasury company, meaning a central part of its strategy is holding bitcoin on its balance sheet. Stocks of this kind tend to move closely with the price of bitcoin, because investors treat them partly as a way to gain exposure to the cryptocurrency through the stock market. When bitcoin rallies, bitcoin-treasury stocks often rise faster. When it drifts, they tend to drift too, sometimes with extra swings driven by traders' views on how the companies fund their purchases.

What Bitcoin Did

Bitcoin was slightly higher on Tuesday, at $83,607.21 at 2:45 p.m. Eastern time, up $538.46 from the previous day. That modest gain was consistent with Strive's early pop fading into a flat session. The longer-term picture has been more difficult, with the cryptocurrency lower than a year earlier, a backdrop that has weighed on sentiment toward crypto-linked stocks. Gold rose to about $4,190 an ounce in futures trading, silver slipped to about $61, and the dollar index rose to about 101.50, a multi-week high.

Rates in the Driver's Seat

The 30-year Treasury yield reached its highest level since 2002, and the 10-year touched its highest in roughly two decades. Higher yields make assets that pay no income, such as bitcoin, relatively less attractive, and they tend to weigh on speculative stocks.

Fed Voices

Chicago Fed President Austan Goolsbee said the U.S. being 5-1/2 years above its inflation target is playing with fire. New York Fed President John Williams said there is no need for urgency after the central bank's September meeting, and odds of an October rate hike fell to roughly a coin flip.

The Market Scorecard

The S&P 500 slipped 12.85 points, or 0.17%, to 7,670.84, while the Dow Jones Industrial Average fell 131.59 points to 51,349.92 and the Nasdaq Composite finished nearly flat at 26,797.54. It was the fifth loss in six sessions for the three major indexes. Consumer confidence dropped to 81.9 from 88.6, the lowest since 2014, according to the Conference Board.

A Crypto Peer

Robinhood, another stock tied to crypto activity, edged higher after BTIG raised its price target, and its September metrics beat expectations on crypto and prediction markets.