Strive Asset Management is trading 8.5% up today at $16.44 after announcing up to $5.15 billion in at-the-market (ATM) Class A and preferred stock offering agreements.
- The agreements, dated June 5, 2026, establish a framework for the company to raise significant capital through the strategic issuance of equity.
- Shares are also benefiting from a broader risk-on market environment triggered by a U.S.βIran peace agreement and a subsequent drop in oil prices.
- The improved geopolitical outlook is fueling a rally in growth-oriented shares, contributing to sharp gains across major U.S. indices.