Strive Funds Invests $700 Million in Bitcoin Post-IPO

Strive Funds has made a significant investment of $700 million in Bitcoin following its recent IPO, marking a notable shift towards institutional involvement in the crypto market. This substantial move is expected to impact Bitcoin’s price dynamics and potentially influence other institutional strategies. 💰 📈 The company, led by CEO Matt Cole, secured this funding through a $750 million PIPE (Private Investment in Public Equity) investment which further solidifies their commitment to integrating digital assets into its investment portfolio. 🤝