B. Riley gives Strategy and Strive a Buy rating and sets a target price

B. Riley has initiated coverage on Strategy and Strive with a Buy rating, setting target prices at $175 and $12, respectively. The report points out that the decline in bitcoin during 2025-2026 has compressed valuations for financial companies and hindered stock-based bitcoin accumulation. Preferred stock financing and diversified business lines may drive the next stage of growth.