US EditionSTRIVE ASSET MANAGEMENT AND ASSET ENTITIES (NASDAQ: ASST) ANNOUNCE $750M PRIVATE INVESTMENT TO FUND FIRST WAVE OF BITCOIN ACCUMULATION
- On May 27, 2025, Strive and Asset Entities revealed a $750 million private equity investment in Dallas aimed at financing their initial phase of Bitcoin purchases.
- This investment is part of a transaction that could raise up to $1.5 billion upon exercise of warrants to support Strive's plans to combine traditional beta with alpha-generating Bitcoin strategies.
- Strive aims to establish itself as a publicly listed asset manager that specializes in managing a Bitcoin treasury with a focus on achieving sustained outperformance of Bitcoin through innovative strategies, including leveraging undervalued cash positions from biotech company acquisitions.
- The private investment in public equity was set at $1.35 per share, reflecting a 121% premium compared to Asset Entities’ closing price prior to the merger announcement, and following the closing, the combined company will have no debt outstanding.
- Matt Cole, CEO of Strive, will present the company’s alpha-generating Bitcoin strategies during his keynote address on May 27, 2025, in Las Vegas at the event focused on Bitcoin's role in corporate settings, emphasizing the unique competitive advantage held by the founding team and their innovative approach to valuation.
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STRIVE ASSET MANAGEMENT AND ASSET ENTITIES (NASDAQ: ASST) ANNOUNCE $750M PRIVATE INVESTMENT TO FUND FIRST WAVE OF BITCOIN ACCUMULATION
Transaction to raise up to $1.5 billion in total proceeds upon exercise of warrants, which would make Strive Asset Management one of the largest Bitcoin treasury companies, and the only one accumulating Bitcoin with alpha-generating strategies.The combined company will continue…
Strive Eyes Bitcoin With $750 Million Ammo In Hand – #CryptoUpdatesGNIT
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strive Asset Management, led by entrepreneur Vivek Ramaswamy, has moved to build a big Bitcoin stockpile. They just lined up $750 million in private backing. There’s a plan to raise up to $1.5 billion if warrants get exercised. It’s a bold step that puts them in the club of top treasury buyers. Big Fundraise And Future Plans Based on reports, Stri…
Strive Eyes Bitcoin With $750 Million Ammo In Hand
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Strive Asset Management, led by entrepreneur Vivek Ramaswamy, has moved to build a big Bitcoin stockpile. They just lined up $750 million in private backing. There’s a plan to raise up to $1.5 billion if warrants get exercised. It’s a bold step... The post Strive Eyes Bitcoin With $750 Million Ammo In Hand appeared first on Daily Truth Report • Da…
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Ramaswami 's Strive raises $750m for 'alpha-generating ' Bitcoin buy strategy From City Wire: Strive Asset Management, which is in the process of becoming a publicly traded bitcoin treasury company, ' announced $750m in new funding on Tuesday. The private investment in public equity (PIPE) financi... Article link
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