Strive, Inc.

MIAMI--(BUSINESS WIRE)--REX Shares ("REX") and Tuttle Capital Management ("TCM") today announce the launch of the T-REX 2X Long ASST Daily Target ETF (Cboe: ASSX), a leveraged ETF providing 2x daily long exposure to Strive, Inc. (Nasdaq: ASST). ASSX is now listed and trading on Cboe. Fund name T-REX 2X Long ASST Daily Target ETF Fund ticker ASSX Exchange Cboe Underlying Strive, Inc. (Nasdaq: ASST) Objective 200% of ASST's daily performance, before fees and expenses Holding period one trading da.

Both Strive and Strategy use the same floating-rate preferred stock structure to fund their Bitcoin ambitions, yet one just bought 1,375 coins while the other spent $176 million buying back its own shares. The reason comes down to where each preferred stock trades relative to its par value.

Bond yields have the entire stock market on edge. The last thing most investors are thinking about is short squeezes, which means maybe they should be something contrarian trades have on their radar.

Strategy just broke a long silence on Bitcoin buying, and the ripple hit a rival stock harder than Bitcoin itself. Here is why a corporate treasury move is moving shares that had nothing to do with the decision.