Analysis of ASST (Strive) and OPEN (Opendoor) Following Reddit Bullish Claims

This analysis is based on a December 2, 2025, Reddit post arguing ASST (Strive, Inc.) and OPEN (Opendoor Technologies Inc.) are undervalued with substantial upside.

ASST operates in the communication services/asset management sector, with a current after-hours price of $1.03 and market cap of $613.32M [0]. The Reddit post highlights ASST’s Bitcoin-treasury strategy, which aligns with recent developments: ASST is a Bitcoin-focused asset manager that merged with Asset Entities Inc. and agreed to acquire Semler Scientific, which holds ~5,816 Bitcoins (~$675M value) – making it the first public asset manager using Bitcoin as a core cash strategy [4].

OPEN, in the real estate services sector, has a current after-hours price of $6.99 and market cap of $5.09B [0]. The Reddit post notes its improved margins and capital-light model, which is supported by Q3 2025 results showing a 7.2% gross margin and a shift to reduce inventory risk, with a target of breakeven adjusted net income by end-2026 [2].

The Reddit post’s claims are tied to upcoming Fed rate cuts/QE and housing market recovery. Contextually, the Fed ended its QT program on December 1, 2025, with markets pricing ~80-85% odds of a 25-basis-point rate cut in December [1]. This could lower mortgage rates (currently ~6.23% for 30-year fixed) and boost housing affordability [3].

Both stocks saw surges on November 24, 2025 (ASST +8.65%, OPEN +13.93%), followed by 5-day pullbacks (ASST -11.54%, OPEN -11.74%) by December 2, 2025. Trading volumes on December 2 were 61.25M for ASST (vs. 85.98M average) and 60.87M for OPEN (vs. 214.17M average) [0].

1. Cross-Domain Catalyst Impact
   : The Fed’s potential rate cuts could positively affect both stocks but through different channels: OPEN via lower mortgage rates boosting housing demand, and ASST via increased risk appetite for crypto assets (tied to its Bitcoin strategy).
2. Retail vs. Institutional Sentiment
   : The Reddit post reflects retail bullishness, but institutional sentiment is cautious. OPEN has an analyst consensus “Hold” with a $6.00 target (14.2% below current price) [0], while ASST faces mixed sentiment due to crypto volatility [0][4].
3. Speculative Return Targets
   : The 3-5x (ASST) and 4-5x (OPEN) return claims are highly dependent on QE, which is not guaranteed – the FOMC remains divided on rate cuts, with some members warning of inflation risks [1].

• Crypto Market Volatility
  : Bitcoin prices fell ~10% in November 2025, pressuring Bitcoin-treasury stocks [5].
• Negative Fundamentals
  : Net profit margin of -847.37% and TTM EPS of -$0.04 [0].

• Housing Market Uncertainty
  : High home prices remain a barrier to demand, even with potential rate cuts [3].
• Analyst Bearishness
  : Consensus target is below current price [0].

• Fed Policy Uncertainty
  : Rate cut odds are not 100%, and QE is not confirmed [1].
• Speculative Price Targets
  : Returns depend on unguaranteed macroeconomic conditions.

• Fed Policy Shifts
  : Rate cuts could lower mortgage rates (OPEN) and boost crypto demand (ASST) [1][3].
• ASST’s ETF AUM Potential
  : Its Bitcoin-focused strategy could attract investors if crypto markets recover [4].
• OPEN’s Model Improvements
  : The capital-light model may drive profitability by end-2026 [2].

This analysis synthesizes data on ASST and OPEN following a Reddit post highlighting their potential. ASST’s Bitcoin-treasury strategy and OPEN’s margin improvements are key company-specific catalysts, while the Fed’s policy shifts are the primary macro catalyst. However, significant risks – including crypto volatility, housing market uncertainties, and Fed policy ambiguity – exist. The Reddit post’s return targets are speculative and dependent on unconfirmed QE. No specific investment recommendations are made.