Strive Asset Management Raises $750 Million for Bitcoin Acquisition

Strive Asset Management has secured a substantial $750 million funding round, specifically earmarked for the acquisition of Bitcoin. This funding, facilitated by a Private Investment in Public Equity (PIPE) deal, signifies Strive’s commitment to establishing itself as a leading player in Bitcoin treasury management. The firm further aims to increase its resources to a potential total of $1.5 billion through warrant exercises, demonstrating significant growth prospects.