Strive Asset Management received $ 750 million from pipe financing to launch the Bitcoin Treasury strategy, with an option to raise an additional $ 750 million through orders.
According to May 27 advertisementFunding in partnership with asset entities as part of the ongoing integration deal was arranged.
The proposed merger, which was first announced in early May 2025, will create the first Bitcoin Treasury Asset Asset, which focuses on long -term performance.
The multiplier seeks the Bitcoin strategy
The joint entity will operate under the brand and remain listed on the Nasdaq Stock Exchange.
The first wave revenues of Strive from Bitcoin’s acquisitions and accelerate its efforts to establish themselves as a new type of Treasury Asset Director at Bitcoin.
The pipe deal was priced at $ 1.35 per share, which represents a 121 % premium on the closing price of AST before the merger announced.
The same price applies to funding tie orders. No debt has been raised in the deal, with the choice of seeking to maintain the ability of the future leverage to improve stock revenues.
CEO Matt Cole said that the company’s strategy focuses on Bitcoin’s superiority instead of just tracking its price.
To achieve this, plans to spread capital through a set of strategies that are generated alpha, including acquisitions of biotechnology companies denominated with less than their value, and buying troubled bitcoin claims such as those related to MT. Gox, and investments in reduced ends of organized bitcoin compounds.
STIVE has already indicated an interest in obtaining up to $ 7.9 billion from the Bitcoin claims related to Gox through its strategic partnership with 117 Partners LLC.
These claims represent approximately 75000 BTC of long -term bankruptcy procedures for the stock exchange that are separated from them and are placed as an effective cost of cost to gain bitcoin reduced exposure.
In addition to the tube, Sagit recently revealed a unique offer that allows investors accredited to exchange bitcoin for shares in the public company.
The transaction can be qualified from taxes under Article 351 of the American Tax Law.
The company also intends to use fixed and derivative income strategies to undergo risk and promote returns.
It acquires immediate access to public capital markets and a billion dollar cliffs by integrating them with asset entities.
The integration process also enhances the awareness capabilities and influencing effects, allowing the participation of the wider investors.
Founded by Vivek Ramaswamy in 2022, she initially gained attention to her ESG’s investment position and activist strategies.
Matt Cole took the position of CEO in 2023 after Ramasuami’s departure and expanded the company’s focus to include Bitcoin as a long -term customer customer.
Bitcoin continues to draw institutional interest
What started at the beginning as a cautious exposure through the products traded on the stock exchange and indirect investment vehicles, have evolved into a more firm strategy, as public companies get directly to Bitcoin for their treasury.
Assets seeking asset management are among many companies that lead this trend. In May 2025 alone, multiple companies announced major acquisitions of bitcoin.
These include companies such as Strategy, Metaplanet, BidlyMd and H100, which are based on budgets of corporate around bitcoin where assets are trading near 108,759 dollars, near their highest level ever.
According to recent reports, institutional flows to Bitcoin are expected to reach more than $ 120 billion by the end of 2025, when this number is expected to rise to $ 300 billion by 2026.
The Post STive gives $ 750 million financing to the launch of the Bitcoin Treasury first on Invezz
