Strive, Inc.
Analysis for Ticker: ASST
Strive Inc operates as an investment manager that sells specialized exchange traded funds like energy and technology funds while using bitcoin as its primary money vault. The company is currently a mechanism for moving money from the public to a few insiders by promising a 13,00% cash reward to a special class of stockholders even though the business makes no profit. This is a disaster because the company is like a lemonade stand that loses money every day but keeps paying a massive allowance to the older kids by taking the coins from the younger kids who just joined the line. Because there is no real profit, the company must break off pieces of itself to pay these rewards, which means the math eventually runs out.