
Strive drops $750M to snap up Bitcoin in private deal
Date: 2025-05-27 15:54:36 | By Clara Whitlock
Strive Snags $750M to Pump Bitcoin and Unleash Alpha Strategies
Massive Investment Set to Skyrocket to $1.5B
Holy crypto, Batman! Strive just landed a jaw-dropping $750 million in private cash, and they're ready to light up the Bitcoin scene. They're not just sitting on this treasure; they're diving headfirst into BTC and their secret sauce of alpha-generating strategies. Buckle up!
Strive Asset Management and Asset Entities dropped the bombshell that this private investment in public equity (PIPE) round is set to blast off to a whopping $1.5 billion as they pull the trigger on those warrants. Ka-boom!
Vivek Ramaswamy's brainchild, Strive, isn't messing around. They're taking this cash and pouring it straight into a wave of Bitcoin buys. Get ready for a wild ride, folks!
In a hot-off-the-presses update from May 27, 2025, Strive let the cat out of the bag: the PIPE round is priced at a sizzling $1.35 per share, a mind-blowing 121% premium over their pre-announcement closing price. Talk about setting the market on fire!
And guess what? No debt financing here. Strive is keeping things lean and mean, preserving every ounce of leverage for their next big moves. This is how you play the game, people!
Once this PIPE round slams shut and they start allocating that sweet BTC, Strive is set to be the first Bitcoin treasury company laser-focused on squeezing every drop of long-term Bitcoin outperformance through their alpha-generating wizardry.
Sure, they'll dabble in those beta strategies the old-school BTC treasury firms love, but Strive's heart is all about that alpha. They're hunting down undervalued biotech companies, snapping up distressed Bitcoin claims, and grabbing discounted structured BTC credit. It's a full-on treasure hunt!
Speaking of distressed claims, Strive has already zeroed in on Mt. Gox's BTC stash, planning to snag a cool $7.9 billion worth of the defunct crypto exchange's Bitcoin claims. And they're teaming up with 117 Partners LLC to make it happen. It's a power move!
But wait, there's more! Strive dropped this bombshell on the same day as Trump Media and Technology Group's own big reveal: they're raising a staggering $2.5 billion to buy up Bitcoin. The crypto world is buzzing!
Rumors were flying that Trump Media was on the hunt for funds to load up on BTC, and they confirmed it just a day later. It's a Bitcoin buying frenzy out there!
And don't miss out on Strive's CEO Matt Cole spilling all the juicy details about their BTC alpha strategies at the upcoming Bitcoin Conference in Vegas. You know it's gonna be epic!

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