Strive Soars 12%, Bitmine Jumps 5% as Bitcoin and Ethereum's Surge Lifts the Crypto Proxy Trade
Briefly

Strive Soars 12%, Bitmine Jumps 5% as Bitcoin and Ethereum's Surge Lifts the Crypto Proxy Trade
"Strive's outsized 12% gain reflects just how directly its fortunes are tied to Bitcoin's price. The company holds 13,628 BTC as of March 17, making its net asset value highly sensitive to any meaningful move in Bitcoin."
"The company's recent financial momentum adds to the bullish backdrop. Strive reported a Q4 2025 Bitcoin Yield of 22%, with a Bitcoin Gain of 1,305 BTC worth $114.3 million."
"Wall Street is taking notice. TD Cowen initiated coverage of Strive with a Buy rating and a $26 price target on April 10, citing the company's positioning as the first publicly traded Bitcoin treasury asset management firm."
Strive's stock increased by 13% and Bitmine's by 5% as Bitcoin and Ethereum surged. Both companies are crypto proxy equities, reflecting digital asset movements. Strive's performance is closely tied to Bitcoin, holding 13,628 BTC. Recent financial results show a Q4 2025 Bitcoin Yield of 22% and a gain of 1,305 BTC. TD Cowen initiated coverage of Strive with a Buy rating and a $26 price target, indicating potential upside from current levels.
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