Investment firm HC Wainwright has designated Strive (ASST) as its leading cryptocurrency-related equity for the second half of 2026, maintaining a Buy recommendation with a price target of $36.
The firm’s endorsement follows Strive’s nearly 80% gain in August, outpacing the Nasdaq’s 2.4% advance during the same period. HC Wainwright cited Strive’s alignment with the Bitcoin treasury strategy, positioning the stock as a beneficiary of the so-called “debasement trade,” which favors assets perceived as hedges against fiat currency erosion.
Separately, HC Wainwright projected Bitcoin could reach $130,000 by the end of 2026, framing the cryptocurrency as a potential store of value akin to digital gold. The firm’s analysis did not specify catalysts beyond macroeconomic trends supporting the outlook.
The recommendation coincides with broader market movements, including notable AI-identified gains for Siemens Energy (+231.5%) and Sandisk (+189%) via ProPicks IA, though these were not directly linked to the crypto-focused thesis.
