Disclosure
Anthony Pompliano is Chairman and CEO of Silvia, Inc., formerly ProCap Financial. ProCap was launched in 2025 as a public bitcoin treasury company, the same business model Strive now runs. That makes Silvia a peer and potential competitor of Strive.
Moez Kassam is co-founder and CIO of Anson Funds, which was one of the investors in the June 2025 financing for ProCap Financial, the company now known as Silvia, Inc., according to the deal announcement. Anthony Pompliano is Chairman and CEO of Silvia, Inc. Kassam is quoted below.
The short answer: Strive, Inc. (Nasdaq: ASST) is a Dallas-based bitcoin treasury company and asset manager co-founded by Vivek Ramaswamy and Anson Frericks in 2022. Matt Cole is Chairman and CEO. It held 36,818 bitcoin as of October 16, 2026, and was worth about $2.48 billion as of October 23, 2026.
A company profile from The Pomp Podcast, hosted by Anthony Pompliano. Last updated: October 25, 2026.
Key takeaways
Strive, Inc. is a Dallas-based bitcoin treasury company and asset manager co-founded by Vivek Ramaswamy and Anson Frericks in 2022.
Matt Cole is Chairman and CEO.
It held 36,818 bitcoin as of October 16, 2026, and sold 7 million SATS preferred shares at $90 each in October 2026.
What is Strive?
Strive launched in 2022 as Strive Asset Management, an Ohio-based fund manager set up to compete with BlackRock, Vanguard and State Street. It was co-founded by Vivek Ramaswamy and Anson Frericks, according to its launch announcement. See What Is BlackRock?.
It later became a public bitcoin treasury company. It merged with Asset Entities in September 2025, according to an SEC filing, and completed its acquisition of Semler Scientific, another bitcoin holder, on January 16, 2026, according to Strive. It is now headquartered in Dallas, according to its company profile.
How much bitcoin does Strive own?
According to an SEC filing on October 19, 2026, as of October 16, 2026 Strive held:
36,818 bitcoin, after buying 4,045 bitcoin that week.
$317.5 million of cash and cash equivalents.
505,000 shares of STRC, a preferred stock issued by Strategy.
Those numbers change often. See What Is Strategy? for the largest bitcoin treasury company.
How does Strive raise money?
Like Strategy, Strive sells perpetual preferred stock to pay for bitcoin. On October 20, 2026, it closed the initial public offering of 7,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock at $90 a share, about $630 million in total. Strive already had another preferred stock, known as SATA.
"SATS provides an additional tool," Cole said in the announcement, adding that it also strengthens "SATA's credit profile by adding junior capital."
How big is Strive?
Strive's market value was about $2.48 billion at the close on October 23, 2026, according to StockAnalysis. Its market value was up about 361% over the prior year, largely because it issued many new shares through its mergers and offerings. Its next earnings report is estimated for November 13, 2026, according to StockAnalysis.
What did The Pomp Podcast say about Strive?
On the October 20, 2026 episode, "Bitcoin Is Just Getting Started, Says Billion Dollar Investor | Moez Kassam", Pomp asked Anson Funds co-founder Moez Kassam about the fund's investment in Strive's preferred stock:
"I think you were one of the either largest or one of the big investors in Strive's recent SATS"
Kassam said most bitcoin treasury companies trade below the value of the bitcoin they hold, but that Strive is different:
"Strive, it was set up by a very legit group of people. It was really thought out."
"And so they were really the second player to do a Perpetual Preferred."
He said big preferred stock offerings often come at a discount, which can create an opportunity for investors like Anson. That is his view, and Anson Funds was an investor. See What Is Anson Funds?.
Every Pomp Podcast episode that discussed Strive
Strive came up in 1 recent episode of The Pomp Podcast. Each link opens the YouTube video at that moment.
Oct 20, 2026: Bitcoin Is Just Getting Started, Says Billion Dollar Investor | Moez Kassam. Moez Kassam talked about Strive and its preferred stock. Timestamps: 9:38 (first movers in bitcoin treasuries), 10:55 (Anson and SATS), 11:41 ("a very legit group of people").
Watch or listen to the episode
Bitcoin Is Just Getting Started, Says Billion Dollar Investor | Moez Kassam, released October 20, 2026. The Strive discussion starts at 10:55.
Opinions from guests on The Pomp Podcast are their own. Nothing on this page is a recommendation to buy or sell any security.
FROM THE HOST
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Disclosure: Anthony Pompliano is Chairman and CEO of Silvia, Inc. For educational purposes only; not financial advice.
Where can I follow Strive?
Strive posts its bitcoin holdings and filings on its investor site.
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Frequently asked questions
What is Strive?
Strive, Inc. is a Dallas-based bitcoin treasury company and asset manager. It was co-founded by Vivek Ramaswamy and Anson Frericks in 2022 as Strive Asset Management.
Who is the CEO of Strive?
Matt Cole is Chairman and CEO.
How much bitcoin does Strive have?
36,818 bitcoin as of October 16, 2026, according to an SEC filing.
What is SATS?
SATS is Strive's 15.00% Series A Perpetual Preferred Stock. Strive sold 7 million shares at $90 each in an offering that closed on October 20, 2026.
Did Vivek Ramaswamy found Strive?
Yes. Strive Asset Management was co-founded by Vivek Ramaswamy and Anson Frericks in 2022, according to its launch announcement.
How much is Strive worth?
About $2.48 billion at the October 23, 2026 close, according to StockAnalysis.
Sources
Last updated: October 25, 2026
Anthony Pompliano is an entrepreneur, investor, and author who serves as Chairman and CEO of Silvia, Inc (SVIA) and invests through Pomp Investments. He is the host of The Pomp Podcast, where he interviews founders, investors and economists about bitcoin, markets, AI and the economy.
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This profile is for informational purposes only and reflects reporting available as of October 25, 2026, plus opinions shared on The Pomp Podcast. It is not investment advice. Do your own research before making any investment decision.
