Investment bank B. Riley has initiated coverage on Bitcoin treasury management companies Strategy (MSTR) and Strive (ASST) with a "Buy" rating, with target prices of $175 and $12 respectively. The firm noted that the decline in Bitcoin prices has put pressure on the industry, compressing the premium between market value and net asset value. Strategy holds 738,731 Bitcoins, with a market value approximately 1.2 times its net asset value; Strive holds about 13,100 Bitcoins, with a market value roughly 0.9 times its net asset value. The report emphasizes that the preferred stock yields of Strategy and Strive are 8%-11.5% and approximately 12.5%, respectively, making them attractive to income-focused investors.