Strive director buys 15,900 ASST shares as SATA nears par

Strive director Pierre Rochard has purchased 15,900 ASST shares worth $199,386 as the Bitcoin treasury company’s preferred stock has returned close to its $100 par value. Summary Rochard bought 15,900 ASST shares at an average price of $12.54 on Aug. 14. The open-market purchase was his first reported direct holding of Strive common stock. ASST rose in Wednesday trading after closing 3.03% lower at $12.80 on Tuesday. Strive recently bought 79 BTC for $5 million, lifting its holdings to 20,246 BTC. Rochard has made his first reported ASST purchase The SEC Form 4 filing, submitted on Aug. 18, showed that Rochard acquired the Class A common shares through an open-market transaction on Aug. 14. At $12.54 per share, the purchase carried a total value of $199,386. Following the trade, Rochard directly owned 15,900 ASST shares. The filing listed no derivative securities or additional indirect holdings associated with the director. Rochard did not execute the purchase under a Rule 10b5-1 trading plan, according to the disclosure. Such plans allow corporate insiders to arrange future transactions under preset instructions, which can help separate trades from information they may later recei...