đ¨ Just In: Strive Asset Management Just Bought $750M #Bitcoin
After revealing its treasury ambitions, Strive Asset Management has made the first real moves to acquire Bitcoin (BTC).
The company has announced a private investment of $750 million to bolster its Bitcoin collection plans.
Instead of blindly stacking Bitcoin, Strive Asset Management will leverage alpha-generating strategies in its treasury operations.
Vivek Ramaswamyâs Strive Asset Management and Asset Institutions have unveiled plans to become a major force in Bitcoin accumulation.
According to an X post, the company has announced to raise $750 million in private investment from a consortium of undisclosed VC firms.
While details are under wraps, Strive Asset Management says the capital injection will help the company's "first wave of bitcoin fundraising."
Additionally, Strive's tweet revealed additional plans to raise up to $1.5 billion in private equity through a warrant exercise.