Strive Asset Management launches $500m stock sale to buy more Bitcoin, expand its 7,525 BTC treasury, and fund corporate needs amid MSCI index exclusion debate. Summary Strive Asset Managementย announced a $500 million preferred stock offering to fund Bitcoin purchases, working capital, share repurchases, and acquisition of income-generating assets. Co-founded by Vivek Ramaswamy, Strive currently holds 7,525 BTC worth approximately $695 million, ranking as the 14th-largestย corporate Bitcoin holderย globally after pivoting to a Bitcoin treasury strategy via reverse merger earlier this year. The move follows Striveโs public opposition to MSCIโs proposal to…
Tag: Stock
Strive Launches $500M Stock Sale To Buy More Bitcoin
Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases. The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for โgeneral corporate purposes, including, among other things, the acquisition of Bitcoin and Bitcoin-related products and for working capital.โ It also intends to purchase โincome-generating assetsโ to grow the companyโs business, but did not specify which.ย The move…
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Strategy expands Bitcoin holdings despite stock struggles
Strategy has made its largest Bitcoin purchase in months, acquiring 10,624 Bitcoin for approximately $962.7 million last week. Summary Strategy Inc. acquired 10,624 Bitcoin for $962.7 million, bringing its total holdings to 660,624 BTC, despite a 60% decline in its stock price over the past six months. CEO Michael Saylor remains committed to accumulating Bitcoin long-term, rejecting the sale of assets to fund dividends, and has built a $1.44 billion cash cushion to support the company for nearly two years. The company faces increasing competition as major banks like JPMorgan…
BOMBSHELL: I Just Discovered Whatโs REALLY Going On With Crypto
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Michael Saylor: Don’t Panic, EXPECT More Bitcoin Fear In The Next 2 Months
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io ๐ฅ Watch The FULL Interview: ๐ง FREE Daily On-Chain Analysis & Crypto News In 5-Mins: ๐๐ป ——– Michael Saylor: Don’t Panic, EXPECT More Bitcoin Fear In The Next 2 Months ——————————————————————————– ๐ขSubscribe here — ——————————————————————————– ๐ FINANCIAL DISCLAIMER This channel is intended to share tips and investment videos by experts. We DO NOT GIVE FINANCIAL ADVICE! Please consult a licensed financial advisor and do your own research before making any financial action. FAIR-USE COPYRIGHT DISCLAIMER Copyright Disclaimer Under Section 107 of the…
Circle Stock Eyes $100 on Crypto Sentiment Rebound, Traders Rotate to SUBBD Token
What to Know: Circleโs climb toward a potential $100 valuation reflects recovering crypto sentiment, renewed USDC activity, and stronger demand for regulated on-chain liquidity exposure. As risk appetite returns, capital often rotates from infrastructure equities and large caps into earlier-stage narratives with more asymmetric upside potential. AI-powered content platforms aim to fix Web2 creator pain points: high fees, opaque moderation, fragmented tools, and limited global payment options. SUBBD Token merges Web3 payments and integrated AI tools so creators can keep more earnings, automate fan engagement, and control content inside a…
Crypto is OVER.. (Worse Than You Think)
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โOnly 5 Cryptocurrencies Will Truly Matter in 2026โ โ Arthur Hayesโ SHOCKING Forecast
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META Stock Surges 5% After 30% Metaverse Budget Cut
Key Notes Meta’s decision to slash metaverse spending reflects shareholder pressure after years of substantial financial losses. The stock market responded positively with immediate gains, suggesting investors favor profitability over experimental ventures. This strategic pivot may signal the end of metaverse as a viable business narrative across tech and crypto industries. Meta Platforms Inc. (NASDAQ: META) has announced significant cuts in its โmetaverse efforts,โ according to multiple sources like Bloomberg, Reuters, and The Kobeissi Letter on December 4. This has been a long-awaited decision by META shareholders, with the optimism…