Strive Asset Management, LLC (NASDAQ:ASST) saw a 7.03% surge on Wednesday, closing at $0.8620 per share as investors rushed to support its price boost after failing to comply with an exchange requirement. The Nasdaq mandates companies to maintain a minimum bid price of $1 to avoid delisting.

Strive Asset Management, LLC (NASDAQ:ASST) announced an increase in its annual dividend rate for preferred stockholders from 12% to 12.25%. The dividends will be paid in monthly installments starting January 2026. The first round of dividends, totaling $1.0208 per share, will be payable on Jan. 15, 2026.

Strive Asset Management, LLC (NASDAQ:ASST) is a Bitcoin treasury company holding about 7,525 Bitcoins as of Nov. 7, 2025. While ASST has investment potential, some believe AI stocks offer better returns and limited downside risk. For more on a cheap AI stock and Trump tariffs, see Insider Monkey’s free report on the best short-term AI stock.

Read more at Yahoo Finance: Strive Asset (ASST) Rallies 7% After Falling Below Minimum Bid Price