Vivek Ramaswamy’s Strive to raise $500M to buy Bitcoin
Strive, co-founded in 2022 by American entrepreneur Vivek Ramaswamy, launched a $500 million preferred stock offering to acquire more Bitcoin and Bitcoin-related products.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Strive, co-founded in 2022 by American entrepreneur Vivek Ramaswamy, launched a $500 million preferred stock offering to acquire more Bitcoin and Bitcoin-related products.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Strategy Raises Its Preferred Buyback Cap to $3 Billion After Another $193 Million STRC Week
Strategy’s board approved a $1 billion increase to the company’s preferred stock buyback program, bringing the total it can spend...
Strive Lifts Bitcoin Holdings to 36,818 BTC Ahead of $700 Million SATS Settlement
Strive (Nasdaq: ASST) now holds 36,818 bitcoin after buying 1,223 BTC between Oct. 14 and Oct. 16, the company disclosed in a Form...
Strive Bitcoin Holdings Reach 35,595 BTC As Wall Street Raises Price Target 27%
TL;DR: TD Cowen reportedly raised its Strive share-price target from $44 to $56 after the Bitcoin treasury company expanded its ho...
Strive adds $335 million in Bitcoin ahead of SATS IPO proceeds settlement
Strive's aggressive Bitcoin acquisition strategy highlights the growing trend of corporations hedging against monetary debasement,...
Tokenized Stocks Reach $262 Million In DeFi, But The Growth Is Not All On Base
TL;DR: Stock-linked tokens deployed in DeFi reached an estimated $262.4 million across blockchains at the end of September, up nea...
Strive scoops up another 1,223 bitcoin for $100 million as total holdings reach 36,818 BTC
Strive paid approximately $81,734 on average per bitcoin, adding to the 2,822 BTC it had acquired earlier last week.