
Strive announces $750m private investment to buy Bitcoin
Strive has announced a $750 million private investment, with funds earmarked for Bitcoin purchases and the deployment of its alpha-generating strategies. Strive Asset Management and Asset Entities said in an announcement that the $750 million private investment in public equity…[...]
Strive Asset Management Secures $750 Million Private Investment for Bitcoin Allocation and Alpha-Generating Strategies
Strive Asset Management and Asset Entities have announced a $750 million private investment in public equity (PIPE) round, with plans to expand the funding to $1.5 billion through warrant execution. Founded by Vivek Ramaswamy, the company will use the capital to fuel its Bitcoin acquisition strategy and implement alpha-generating investment approaches.
The transaction structure includes no debt financing, which Strive states preserves maximum leverage capacity for future strategic initiatives. Once the PIPE round closes and Bitcoin allocations are made, Strive will become the first Bitcoin treasury company focused on long-term Bitcoin outperformance through alpha-driven strategies.
While Strive will incorporate common beta strategies used by existing BTC treasury firms, its core emphasis remains on alpha generation. The company's methodology includes:
- Acquiring undervalued biotech companies
- Purchasing distressed Bitcoin claims
- Securing discounted structured BTC credit
Strive has already begun executing this strategy, revealing plans to acquire $7.9 billion of Mt. Gox Bitcoin claims in collaboration with 117 Partners LLC.
This announcement coincides with Trump Media and Technology Group's disclosure of raising $2.5 billion for Bitcoin purchases, underscoring the increasing corporate interest in Bitcoin as a treasury asset.
Strive CEO Matt Cole will provide additional details about the company's Bitcoin alpha strategies at the upcoming Bitcoin Conference in Las Vegas.