StoneX Raises Strive Price Target 34% on Bolstered Bitcoin Strategy

StoneX raises Strive price target — Financial services firm StoneX has significantly raised its price target for Strive, a public company holding bitcoin on its balance sheet, citing the firm’s strengthened crypto strategy.

StoneX lifted its target for Strive’s stock to $43 from $32, a 34% increase, and reiterated its Buy rating. The upgrade follows Strive’s recent announcement of a new stock offering, proceeds from which the company has stated will be used to further its bitcoin strategy.

Strive is known for its corporate treasury approach of holding a significant portion of its assets in bitcoin. The bullish call from a major institutional firm like StoneX highlights growing Wall Street confidence in public companies adopting bitcoin as a primary reserve asset.

The move signals continued institutional validation for the bitcoin treasury model, where companies leverage their balance sheets to gain exposure to the cryptocurrency. Such corporate adoption is often cited by analysts as a key driver of long-term bitcoin demand.