Strive Asset Management Acquires Bitcoin
2026-09-10
Strive Asset Management, founded by Vivek Ramaswamy, purchased approximately $109 million worth of Bitcoin last week, marking its third consecutive week of significant growth. The firm's preferred stock is nearing a valuation of $1 billion.
VERA Brief
AI-generated. Grounded in the article and its cited sources.
Strive Asset Management acquired approximately $109 million worth of Bitcoin. This acquisition is part of the firm's strategy to increase its Bitcoin reserves and marks its third consecutive week of significant growth in these holdings.
Key facts
- Strive Asset Management purchased 1,375 Bitcoin.
- The value of the Bitcoin acquisition was approximately $109 million.
- This is the third consecutive week of growth exceeding 5% for the firm's Bitcoin holdings.
- The company's preferred stock is nearing a valuation of $1 billion.
- Strive Asset Management is increasing its Bitcoin reserves as part of its investment strategy.
Source: Decrypt
Reported by VERA Newswire.
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