While Bitcoin (BTC) reaches new heights, interest is also growing among institutional investors. For example, the American asset manager Strive, founded by entrepreneur and former presidential candidate Vivek Ramaswamy, has announced that it is planning to invest heavily in Bitcoin-related assets.
Strive opts for smart strategy instead of direct Bitcoin purchase
In an official statement, Strive said it has collected $ 750 million through a private placement, at a price of $ 1.35 per share. This capital is used for a wide range of bitcoin-related investments that, according to the company, are aimed at achieving above average returns (‘Alpha’). With a private placement, a company sells shares directly to a select group of investors, outside the regular exhibition.
It is striking that Strive is not simply planning to purchase Bitcoin itself. Instead, the company opts for a layered investment strategy. For example, it wants to invest in undervalued biotech companies, buy up claims from bankrupt crypto companies such as Mt. Gox, and structured Bitcoin loans acquire with a discount. CEO Matt Cole calls it “strategies designed to perform structurally better than Bitcoin itself.”
In addition, Strive has announced a merger with the social media marketing company Asset Entities. This step should not only speed up the IPO, but also increase the financial strength of the company.
Strive on the way to top five largest Bitcoin holders worldwide
If the corresponding stock options are also redeemed, Strive can increase its total investment capacity to no less than $ 1.5 billion. This would make the company in the top five of the largest Bitcoin schat holders in the world-a striking performance for an asset manager who has only been active in the crypto sector since November 2024.
Trump Media wants to pick up $ 2.5 billion for Bitcoin reserve
The crypto sector is also gaining more and more support from a political angle. For example, US President Donald Trump announced that his company, Trump Media & Technology Group, wants to build a considerable Bitcoin reserve. The company wants to pick up no less than $ 2.5 billion through a private placement.
This development fits within the broader trend in which more and more large institutions and influential figures enter the cryptomarket. Trump’s involvement is extra striking, because as a seated president he has a direct influence on the American crypto policy – which gives his investment strategically extra weight.
Source: https://newsbit.nl/strive-van-vivek-ramaswamy-haalt-750-miljoen-op-om-in-bitcoin-te-pompen/
