SCHEDULE: Jane Street Group Discloses 9.9% Stake in Strive, Inc.

Jane Street Group, LLC and its affiliates have disclosed a 9.9% beneficial ownership stake in Strive, Inc.'s Class A Common Stock, including convertible warrants.

Summary

• Jane Street Group, LLC, along with its affiliates Jane Street Capital, LLC, Jane Street Options, LLC, and Jane Street Global Trading, LLC, collectively reported beneficial ownership of 46,443,910 shares of Strive, Inc.'s Class A Common Stock.
• This aggregate holding represents 9.9% of the Class A Common Stock outstanding.
• The reported holding includes 15,207,374 shares held in warrants convertible to Class A Common Stock.
• A conversion blocker is in place to prevent the holder from exceeding 9.99% ownership upon warrant conversion.
• The calculation of outstanding shares is based on 449,696,631 Class A common shares outstanding as of October 1, 2025, plus the 15,207,374 shares acquirable through warrants, totaling 464,904,005 shares.
• The securities were not acquired for the purpose of changing or influencing the control of Strive, Inc.

Sentiment

Score: 7

Explanation: The disclosure of a significant stake by a reputable institutional investor like Jane Street Group is generally viewed positively by the market, indicating confidence in the issuer. The presence of warrants further suggests a strategic, long-term interest. However, it's purely an ownership disclosure, not a performance update, so the positive impact is limited to market perception of investor interest.

Positives

• A significant institutional investor, Jane Street Group, has taken a substantial 9.9% stake in Strive, Inc., which can be interpreted as a vote of confidence in the company's prospects.
• The inclusion of convertible warrants in the holding suggests a strategic, long-term interest in Strive, Inc.'s equity performance.

Future Outlook

The filing does not provide forward-looking statements or guidance from Strive, Inc. or Jane Street Group regarding Strive, Inc.'s future performance, beyond Jane Street's stated intent not to influence control.

Industry Context

This filing indicates a significant investment by a prominent quantitative trading firm, Jane Street Group, in Strive, Inc. Such an investment by a sophisticated market participant can be viewed as a positive signal within the broader financial industry, suggesting potential value or strategic interest in Strive, Inc.'s sector or business model. It reflects ongoing institutional activity in public equities.

Stakeholder Impact

• Shareholders: Existing shareholders may view this as a positive signal, potentially leading to increased investor confidence and demand for Strive, Inc. shares.
• Management: Management might see this as validation of their strategy or an indication of increased scrutiny from a large institutional holder.

Key Dates

Recommendation

The filing indicates a significant institutional investor, Jane Street Group, has taken a substantial 9.9% stake in Strive, Inc., including convertible warrants. This suggests a vote of confidence and potential long-term interest. While this is a positive signal, the filing itself does not provide new financial performance data or strategic updates from Strive, Inc. that would warrant a 'buy' or 'strong buy' recommendation. Investors should 'hold' and monitor Strive, Inc.'s operational performance and future disclosures to assess the full implications of this institutional investment.

Keywords

Strive Inc, Jane Street Group, Schedule 13G, Beneficial Ownership, Class A Common Stock, Warrants, Institutional Investment, Equity Stake, SEC Filing