$ASST is doing something pretty insane right now. Over the last 10 trading sessions, the ASST + SATA complex traded about 1.74x more of its Bitcoin-stack value per day than MSTR + STRC. Over the last 5 sessions that jumps to roughly 1.98x. Today? About 2.85x. That matters because Strategy’s BTC stack is still vastly larger, but liquidity is the lifeblood of a Bitcoin treasury company. If your securities trade huge relative to the size of the underlying stack, you have the raw market plumbing to raise capital, feed the treasury, and compound faster than your balance sheet size alone would imply. In plain English: Strive is punching WAY above its weight. The market is treating ASST like an amplified Bitcoin vehicle with real sponsorship, real reflexivity, and real appetite. MSTR is still the giant, but on a stack-adjusted liquidity basis, ASST has been an absolute freak. That’s exactly the setup you’d expect to see before a smaller Bitcoin treasury name starts forcing people to completely re-underwrite what it’s capable of becoming.