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At the Bitcoin Conference in Las Vegas, the CEO of #Strive , Matt Cole, publicly called on Mark Zuckerberg and the company #meta to buy Bitcoin and put it on the corporate balance sheet.
He made the following points:
- With a market capitalization of over 2 trillion USD, Bitcoin becomes more attractive than global fiat currencies.
- Cash and other short-term assets on the balance sheet no longer create value for shareholders.
- Financial restructuring is needed to face the growing threat from AI.
- He concluded his speech with a call for #MarkZuckerberg to approve Proposal 13 to officially include Bitcoin in the corporate treasury.
He made the following points:
- With a market capitalization of over 2 trillion USD, Bitcoin becomes more attractive than global fiat currencies.
- Cash and other short-term assets on the balance sheet no longer create value for shareholders.
- Financial restructuring is needed to face the growing threat from AI.
- He concluded his speech with a call for #MarkZuckerberg to approve Proposal 13 to officially include Bitcoin in the corporate treasury.
Strive Secures $750M for Massive Bitcoin Treasury Expansion
Strive raised $750M to build a Bitcoin treasury with 75,000 BTC.
The firm targets discounted Mt. Gox claims before the October deadline.Strive plans a reverse merger with Asset Entities by mid-2025.The acquisition aims to outperform Bitcoin's market performance.This move may prevent a potential market dump of 75,000 BTC.
#BitcoinTreasury #Strive #MtGoxClaims #CryptoInvestment #BitcoinMarket
Strive, an asset management firm led by Vivek Ramaswamy, has secured $750 million to establish a significant Bitcoin treasury. The firm announced its plans on May 27, 2025, aiming to acquire 75,000 BTC through discounted Mt. Gox creditor claims.
The move is part of Strive's broader strategy to strengthen its position in the cryptocurrency market. By purchasing these claims at a reduced rate, the company seeks to build a treasury valued at approximately $8 billion. Strive also aims to outperform Bitcoin's market performance through this acquisition.
The Mt. Gox claims stem from the infamous 2014 hack of the cryptocurrency exchange, which resulted in the loss of 850,000 BTC. Creditors have been awaiting repayments for over a decade, with a regulatory deadline for claims set for October 31, 2025. Strive's strategy involves securing these assets below market value before the deadline.
Strive's leadership views this acquisition as a critical step toward institutional adoption of digital assets. The firm stated its intent to lock in value through strategic purchases while Bitcoin prices remain favorable. This acquisition could prevent the potential market dump of 75,000 BTC, which might have occurred if the claims were sold directly on the open market.
The company is also moving forward with a reverse merger with Asset Entities, a publicly traded firm. This merger, expected to be completed by mid-2025, will allow Strive to go public while holding a substantial Bitcoin treasury. The merger aligns with Strive's goal of integrating cryptocurrency into traditional finance.
Strategic Timing and Market Impact
Strive's decision to target Mt. Gox claims comes at a pivotal moment for Bitcoin. The cryptocurrency market has seen renewed institutional interest in 2025, with firms increasingly adding BTC to their balance sheets. Strive's acquisition could stabilize market dynamics by absorbing a large volume of Bitcoin that might otherwise flood exchanges.
The firm's $750 million fundraise reflects strong investor confidence in its crypto strategy. By securing discounted claims, Strive aims to maximize returns on its Bitcoin holdings. The company believes this approach will position it as a leader in the digital asset space.
Strive also plans to leverage its public listing through the Asset Entities merger to attract further investment. The merger will provide Strive with a platform to expand its operations while maintaining a focus on cryptocurrency. This dual strategy of acquiring Bitcoin and going public sets Strive apart in the asset management sector.
Strive's Vision for Bitcoin Dominance
Strive's leadership has expressed a clear goal of outperforming Bitcoin's market performance. The firm stated it intends to achieve superior returns by strategically managing its treasury. This ambition underscores Strive's confidence in Bitcoin's long-term value while highlighting its proactive approach to crypto investments.
By focusing on Mt. Gox claims, Strive is capitalizing on a unique opportunity to acquire Bitcoin at a discount. The firm's actions may also influence how other institutional investors approach distressed crypto assets. Strive's bold strategy positions it to play a significant role in the evolving cryptocurrency landscape.
The firm targets discounted Mt. Gox claims before the October deadline.Strive plans a reverse merger with Asset Entities by mid-2025.The acquisition aims to outperform Bitcoin's market performance.This move may prevent a potential market dump of 75,000 BTC.
#BitcoinTreasury #Strive #MtGoxClaims #CryptoInvestment #BitcoinMarket
Strive, an asset management firm led by Vivek Ramaswamy, has secured $750 million to establish a significant Bitcoin treasury. The firm announced its plans on May 27, 2025, aiming to acquire 75,000 BTC through discounted Mt. Gox creditor claims.
The move is part of Strive's broader strategy to strengthen its position in the cryptocurrency market. By purchasing these claims at a reduced rate, the company seeks to build a treasury valued at approximately $8 billion. Strive also aims to outperform Bitcoin's market performance through this acquisition.
The Mt. Gox claims stem from the infamous 2014 hack of the cryptocurrency exchange, which resulted in the loss of 850,000 BTC. Creditors have been awaiting repayments for over a decade, with a regulatory deadline for claims set for October 31, 2025. Strive's strategy involves securing these assets below market value before the deadline.
Strive's leadership views this acquisition as a critical step toward institutional adoption of digital assets. The firm stated its intent to lock in value through strategic purchases while Bitcoin prices remain favorable. This acquisition could prevent the potential market dump of 75,000 BTC, which might have occurred if the claims were sold directly on the open market.
The company is also moving forward with a reverse merger with Asset Entities, a publicly traded firm. This merger, expected to be completed by mid-2025, will allow Strive to go public while holding a substantial Bitcoin treasury. The merger aligns with Strive's goal of integrating cryptocurrency into traditional finance.
Strategic Timing and Market Impact
Strive's decision to target Mt. Gox claims comes at a pivotal moment for Bitcoin. The cryptocurrency market has seen renewed institutional interest in 2025, with firms increasingly adding BTC to their balance sheets. Strive's acquisition could stabilize market dynamics by absorbing a large volume of Bitcoin that might otherwise flood exchanges.
The firm's $750 million fundraise reflects strong investor confidence in its crypto strategy. By securing discounted claims, Strive aims to maximize returns on its Bitcoin holdings. The company believes this approach will position it as a leader in the digital asset space.
Strive also plans to leverage its public listing through the Asset Entities merger to attract further investment. The merger will provide Strive with a platform to expand its operations while maintaining a focus on cryptocurrency. This dual strategy of acquiring Bitcoin and going public sets Strive apart in the asset management sector.
Strive's Vision for Bitcoin Dominance
Strive's leadership has expressed a clear goal of outperforming Bitcoin's market performance. The firm stated it intends to achieve superior returns by strategically managing its treasury. This ambition underscores Strive's confidence in Bitcoin's long-term value while highlighting its proactive approach to crypto investments.
By focusing on Mt. Gox claims, Strive is capitalizing on a unique opportunity to acquire Bitcoin at a discount. The firm's actions may also influence how other institutional investors approach distressed crypto assets. Strive's bold strategy positions it to play a significant role in the evolving cryptocurrency landscape.
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Strive of Vivek Ramaswamy: Ambition to Acquire 8 Billion USD Bitcoin from Mt. Gox
Plan: #Strive Enterprises, co-founded by Vivek Ramaswamy, plans to buy 75,000 BTC (8 billion USD) from Mt. Gox bankruptcy claims.
Strategy: Buy low-cost legal debts to increase "Bitcoin per share", strengthening long-term position.
Collaboration: Working with 117 Castell Advisory Group, disclosed through SEC filing on 20/05/2025.
Context #MtGox : The exchange collapsed in 2014 after a hack lost 750,000 BTC, with creditor repayment deadline until 31/10/2025.
Merger: Strive merges with Asset Entities (Nasdaq), owning 94.2% of the consolidated company, ASST stock up 1,388%, market cap 122 million USD.
Trend: Companies like Strategy (7.390 $BTC ), Metaplanet (7.800 BTC), and Twenty One Capital (42.000 BTC) are also accumulating Bitcoin.
Vision: Strive aims to be the private company holding the most Bitcoin, leading the trend of "Bitcoinization" of the balance sheet.
Plan: #Strive Enterprises, co-founded by Vivek Ramaswamy, plans to buy 75,000 BTC (8 billion USD) from Mt. Gox bankruptcy claims.
Strategy: Buy low-cost legal debts to increase "Bitcoin per share", strengthening long-term position.
Collaboration: Working with 117 Castell Advisory Group, disclosed through SEC filing on 20/05/2025.
Context #MtGox : The exchange collapsed in 2014 after a hack lost 750,000 BTC, with creditor repayment deadline until 31/10/2025.
Merger: Strive merges with Asset Entities (Nasdaq), owning 94.2% of the consolidated company, ASST stock up 1,388%, market cap 122 million USD.
Trend: Companies like Strategy (7.390 $BTC ), Metaplanet (7.800 BTC), and Twenty One Capital (42.000 BTC) are also accumulating Bitcoin.
Vision: Strive aims to be the private company holding the most Bitcoin, leading the trend of "Bitcoinization" of the balance sheet.
Big move loading...! 📰
Vivek Ramaswamy’s Strive is reportedly looking to scoop up 75,000 $BTC from Mt. Gox claims and at a discount! This isn't just accumulation, it’s a strategic Bitcoin treasury play that could shake up the game.
Smart money knows where the future is headed. Bitcoin isn't just digital gold anymore, it’s becoming a power asset for institutions.
If Strive pulls this off, it’ll be one of the boldest Bitcoin acquisitions we've seen in years! 🤌
#Strive
Vivek Ramaswamy’s Strive is reportedly looking to scoop up 75,000 $BTC from Mt. Gox claims and at a discount! This isn't just accumulation, it’s a strategic Bitcoin treasury play that could shake up the game.
Smart money knows where the future is headed. Bitcoin isn't just digital gold anymore, it’s becoming a power asset for institutions.
If Strive pulls this off, it’ll be one of the boldest Bitcoin acquisitions we've seen in years! 🤌
#Strive
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🐋 Strive and Bitwise are creating an ETF for Bitcoin companies!
There's something big in the world of investing again! 🚀 Vivek Ramaswamy's Strive and Bitwise have announced the launch of a new ETF that is a complete game-changer.
💼 Bitwise Bitcoin Standard Corporations ETF:
Values companies not by market cap, but by the value of their bitcoin reserves. 🪙
This is a real find for those who believe in the power of BTC.
📈 Strive has also filed for an ETF that will invest in convertible securities of companies raising money to buy bitcoin.
Why is this important? 🤔 It's a signal that corporate adoption of BTC is growing, and investors are getting new tools to participate in this revolution.
💬 Do you think this ETF will be successful? Share in the comments!
#BitcoinETF #Strive #Bitwise #BTC #CryptoInvestments
There's something big in the world of investing again! 🚀 Vivek Ramaswamy's Strive and Bitwise have announced the launch of a new ETF that is a complete game-changer.
💼 Bitwise Bitcoin Standard Corporations ETF:
Values companies not by market cap, but by the value of their bitcoin reserves. 🪙
This is a real find for those who believe in the power of BTC.
📈 Strive has also filed for an ETF that will invest in convertible securities of companies raising money to buy bitcoin.
Why is this important? 🤔 It's a signal that corporate adoption of BTC is growing, and investors are getting new tools to participate in this revolution.
💬 Do you think this ETF will be successful? Share in the comments!
#BitcoinETF #Strive #Bitwise #BTC #CryptoInvestments
#Strive Plans to Build Its 75,000 Bitcoin Treasury With Mt. Gox Claims
Strive plans to build a 75,000 BTC treasury by acquiring distressed Bitcoin claims at a discount from the bankrupt Mt. Gox exchange.
Highlights
Strive aims aims to boost its Bitcoin-per-share ratio ahead of its anticipated reverse merger with Asset Entities.
Asset Entities (ASST), the social media marketing firm merging with Strive, has seen its stock price skyrocket by 1,170%.
Corporations are increasingly adding Bitcoin to their balance sheets amid global economic uncertainties and rising U.S. debt
Strive Asset Management, the company co-founded by Vivek Ramaswamy, announced its plans to build its 75,000 Bitcoin Treasury by purchasing distressed BTC claims at a discount from bankrupt crypto exchange Mt. Gox. Amid US economic uncertainties and rising debt, more and more companies are willing to add BTC to their balance sheets.
Strive plans to build a 75,000 BTC treasury by acquiring distressed Bitcoin claims at a discount from the bankrupt Mt. Gox exchange.
Highlights
Strive aims aims to boost its Bitcoin-per-share ratio ahead of its anticipated reverse merger with Asset Entities.
Asset Entities (ASST), the social media marketing firm merging with Strive, has seen its stock price skyrocket by 1,170%.
Corporations are increasingly adding Bitcoin to their balance sheets amid global economic uncertainties and rising U.S. debt
Strive Asset Management, the company co-founded by Vivek Ramaswamy, announced its plans to build its 75,000 Bitcoin Treasury by purchasing distressed BTC claims at a discount from bankrupt crypto exchange Mt. Gox. Amid US economic uncertainties and rising debt, more and more companies are willing to add BTC to their balance sheets.
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