๐จ JUST IN: Vivek Ramaswamyโs Strive Asset Management Eyes $1.5B BTC Play! ๐ ๐ฐ
Strive Asset Management โ co-founded by ex-presidential candidate Vivek Ramaswamy โ just announced plans to raise up to $1.5 BILLION to go deep into Bitcoin. ๐ง ๐ฅ
๐ผ The breakdown:
โ $750M already raised via PIPE investment ๐ต
๐ฏ Another $750M possible via warrant execution ๐
๐ก Whatโs the BTC strategy?
๐งโโ๏ธ Buy distressed BTC claims (like from Mt. Gox)
๐งฌ Acquire cash-rich biotech firms, flip reserves into BTC
๐ณ Invest in discounted BTC credit structures
๐ Unlike traditional "buy-and-hold" treasury moves, Strive wants to generate alpha โ aiming to outperform Bitcoin itself ๐๐ง
๐ This is a serious institutional bet that could shake up how asset managers play the BTC game.
๐ง Ramaswamy: โWeโre not just stacking sats... weโre playing chess โ๏ธ while others play checkers.โ
๐ฎ Could this be the next MicroStrategy 2.0? Or even bigger?
