Insider purchase
Strive, Inc. NASDAQ:ASST reported that Beirne Brian Logan, the company's chief legal officer, purchased 11,500 shares of Class A common stock on February 13, 2026. The purchases were executed across several trades at prices between $8.71 and $8.73 per share, producing a cumulative transaction value of $100,386. After these purchases, Logan directly owns 15,204 shares of Strive.
Concurrent corporate financing and acquisition activity
The insider buying came as Strive finalized several material corporate transactions. The company completed a follow-on offering of 1,320,000 shares of Variable Rate Series A Perpetual Preferred Stock, raising $225 million. A portion of those proceeds was earmarked to retire $110 million of the $120 million of debt tied to Strive's recent acquisition of Semler Scientific.
Strive also announced the completion of its acquisition of Semler Scientific. As a result of that acquisition, Strive now ranks as the 11th largest public corporate holder of bitcoin globally, with approximately 12,797.9 bitcoins. The deal included the transfer of 5,048.1 bitcoins to Strive, which forms part of that total.
Capital structure and dividend
Alongside the preferred offering, Strive declared a cash dividend on its Series A preferred stock of $1.0208 per share, reflecting an annualized rate of 12.25%. The company has also priced an additional follow-on offering that raised approximately $118.8 million.
Convertible notes and leadership
Strive indicated plans to enter into privately negotiated exchange agreements relating to Semler Scientific's convertible senior notes. In an executive appointment tied to integrating Semler's business, Avik Roy was named Chief Strategy Officer and will focus on expanding Semler Scientific's early disease detection products.
What's clear from the filings
- Logan's acquisition of 11,500 shares and the resulting direct holding of 15,204 shares are recorded and quantified in company filings.
- Strive raised $225 million from a Series A preferred offering and used part of the proceeds to retire $110 million of acquisition-related debt.
- Completion of the Semler acquisition increased Strive's bitcoin holdings to about 12,797.9 bitcoins, including a transfer of 5,048.1 bitcoins.
- The company has declared a Series A preferred dividend at a 12.25% annual rate and priced another follow-on that raised about $118.8 million.
These items together outline recent insider activity and a set of financing and strategic moves recorded by Strive. The filings provide the numeric details on share purchases, preferred issuance, debt retirement, cryptocurrency holdings, dividend terms, planned note exchanges, and the new strategy-focused executive appointment.