Capital Group’s SMALLCAP World Fund boosts Strive stake to 2.93M shares worth $33.6M

Capital Group’s SMALLCAP World Fund has added another 481,772 shares of Strive, Inc. to its books, bringing its total position to 2.93 million shares valued at roughly $33.62 million. Strive trades on the Nasdaq under the ticker ASST. What Strive actually does Strive, Inc. is the publicly traded parent of Strive Asset Management, and it operates what it calls the first asset management Bitcoin treasury company. In plain terms: it runs ETFs and other investment products like a conventional asset manager, but it measures its own performance against Bitcoin rather than a traditional equity benchmark. The treasury currently holds approximately 19,900 BTC. Strive manages over $2 billion in assets across its fund lineup, which includes small-cap and fixed-income ETFs. Strive Asset Management was founded in 2022, positioning itself against ESG-focused investing and framing shareholder value as the central mission. The pivot toward a Bitcoin treasury model culminated in a September 2025 merger with Asset Entities that created the current publicly traded structure. The Capital Group filing, unpacked As of March 31, 2026, the SMALLCAP World Fund held approximately 2.45 million shares of ASST...