Bitcoin DAT Strive’s Board Director Pierre Rochard Buys ASST Stocks as SATA Nears Par Value

• Strive Board Director Pierre Rochard purchases 15,900 ASST Class A common shares.

• This comes as he predicted stronger Bitcoin's fundamentals and SATA approaches par value.

• ASST stock price rising in premarket hours on Wednesday.

Pierre Rochard, a director on the board of Bitcoin treasury company Strive, purchased 15,900 ASST shares. ASST stock price jumped more than 1% in premarket hours on Wednesday as SATA perpetual preferred stock approaches par value.

Bitcoin Advocate Pierre Rochard Makes First Strive Stock Buy

Pierre Rochard, CEO of The Bitcoin Bond Company, purchased 15,900 Class A common shares of Strive in an open-market transaction. The shares were acquired at an average price of $12.54 each, making the total value almost $199,386.

Following the purchase, he directly owns 15,900 ASST stocks. The trade was not executed under a Rule 10b5-1 trading plan, according to the filing submitted to the U.S. Securities and Exchange Commission.

This comes as Pierre Rochard predicts Bitcoin's fundamentals are stronger than ever and urged investors to ignore bearish sentiment, citing its rules-based monetary design and governance.

Meanwhile, he joined others, such as Strategy's executive director Michael Saylor, in criticizing Bitcoin Improvement Proposal 110 (BIP-110), also known as the Reduced Data Temporary Softfork.