SCHEDULE: Millennium Management Discloses 6% Strive Stake

Millennium Management LLC, along with Millennium Group Management LLC and Israel A. Englander, has disclosed a 6.0% beneficial ownership stake in Strive, Inc.

Summary

• Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander collectively reported beneficial ownership of 22,421,052 shares of Strive, Inc.'s Class A Common Stock.
• This represents 6.0% of the outstanding Class A Common Stock of Strive, Inc.
• The event triggering this filing occurred on September 12, 2025, when the ownership threshold was crossed.
• The reporting persons share both voting and dispositive power over all 22,421,052 shares.
• The shares were not acquired for the purpose of changing or influencing control of Strive, Inc., as certified by the reporting persons.

Sentiment

Score: 8

Explanation: The filing indicates a significant new investment by a highly respected institutional investor, Millennium Management, in Strive, Inc. This is generally perceived as a strong positive signal for the company's prospects and valuation, despite the passive nature of the investment.

Positives

• A significant institutional investor, Millennium Management, has taken a 6.0% stake in Strive, Inc., which can be interpreted as a vote of confidence in the company's prospects.
• The filing indicates a substantial investment of 22,421,052 shares by a prominent hedge fund, potentially signaling an attractive valuation or growth opportunity.

Risks

• The filing explicitly states that the securities were not acquired and are not held for the purpose of changing or influencing the control of the issuer, mitigating concerns about potential activist investor actions or hostile takeovers.

Future Outlook

The reporting persons certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of Strive, Inc., indicating a passive investment intent.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

The disclosure of a significant stake by Millennium Management, a prominent multi-strategy hedge fund, often signals increased institutional interest in the company or its sector. Such an investment by a sophisticated player can draw attention from other investors and potentially validate Strive, Inc.'s business model or future prospects within its industry.

Stakeholder Impact

• Shareholders: Existing shareholders may view the entry of a major institutional investor as a positive development, potentially increasing confidence and demand for the stock.
• Company Management: The investment could be seen as validation of their strategy, though the passive nature of the stake means no immediate pressure for strategic changes.

Next Steps

• Strive, Inc. will continue its operations.
• Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander will continue to hold their beneficial ownership in Strive, Inc.

Key Dates

Recommendation

The disclosure of a 6.0% beneficial ownership stake by Millennium Management, a highly regarded institutional investor, in Strive, Inc. is a strong positive signal. Such a significant investment by a sophisticated fund often indicates a belief in the company's undervalued status or strong future growth potential. While the filing states a passive investment intent, the sheer size of the stake suggests a compelling investment thesis, making it a 'buy' signal for seasoned investors.

Keywords

Strive Inc, Millennium Management, Millennium Group Management, Israel A. Englander, Schedule 13G, Beneficial Ownership, Class A Common Stock, Institutional Investment, Hedge Fund, Equity Stake