• bitcoinBitcoin (BTC) $ 92,739.00
  • ethereumEthereum (ETH) $ 3,087.28
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.26
  • bnbBNB (BNB) $ 903.96
  • solanaSolana (SOL) $ 143.39
  • usd-coinUSDC (USDC) $ 0.999712
  • staked-etherLido Staked Ether (STETH) $ 3,084.43
  • tronTRON (TRX) $ 0.280299
  • dogecoinDogecoin (DOGE) $ 0.155070
  • cardanoCardano (ADA) $ 0.433359
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.02
  • whitebitWhiteBIT Coin (WBT) $ 59.79
  • wrapped-stethWrapped stETH (WSTETH) $ 3,764.84
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 92,611.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,343.67
  • bitcoin-cashBitcoin Cash (BCH) $ 540.58
  • hyperliquidHyperliquid (HYPE) $ 35.90
  • chainlinkChainlink (LINK) $ 13.47
  • usdsUSDS (USDS) $ 0.999832
  • leo-tokenLEO Token (LEO) $ 9.77
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999869
  • stellarStellar (XLM) $ 0.261793
  • wethWETH (WETH) $ 3,086.82
  • wrapped-eethWrapped eETH (WEETH) $ 3,338.35
  • zcashZcash (ZEC) $ 473.88
  • moneroMonero (XMR) $ 408.33
  • ethena-usdeEthena USDe (USDE) $ 0.999450
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 92,771.00
  • litecoinLitecoin (LTC) $ 86.58
  • avalanche-2Avalanche (AVAX) $ 15.24
  • hedera-hashgraphHedera (HBAR) $ 0.150224
  • suiSui (SUI) $ 1.60
  • shiba-inuShiba Inu (SHIB) $ 0.000009
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.163446
  • daiDai (DAI) $ 0.999653
  • crypto-com-chainCronos (CRO) $ 0.113123
  • the-open-networkToncoin (TON) $ 1.64
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.21
  • uniswapUniswap (UNI) $ 6.32
  • susdssUSDS (SUSDS) $ 1.09
  • polkadotPolkadot (DOT) $ 2.36
  • paypal-usdPayPal USD (PYUSD) $ 0.999936
  • usdt0USDT0 (USDT0) $ 0.999940
  • mantleMantle (MNT) $ 1.09
  • canton-networkCanton (CC) $ 0.090294
  • bittensorBittensor (TAO) $ 309.50
  • aaveAave (AAVE) $ 186.98
  • usd1-wlfiUSD1 (USD1) $ 0.999173
  • bitget-tokenBitget Token (BGB) $ 3.64
  • nearNEAR Protocol (NEAR) $ 1.95
  • okbOKB (OKB) $ 111.30
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aster-2Aster (ASTER) $ 1.12
  • internet-computerInternet Computer (ICP) $ 4.13
  • falcon-financeFalcon USD (USDF) $ 0.998890
  • tether-goldTether Gold (XAUT) $ 4,187.95
  • memecoreMemeCore (M) $ 1.28
  • pi-networkPi Network (PI) $ 0.261045
  • ethereum-classicEthereum Classic (ETC) $ 14.02
  • ethenaEthena (ENA) $ 0.291019
  • pepePepe (PEPE) $ 0.000005
  • jito-staked-solJito Staked SOL (JITOSOL) $ 178.42
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,085.45
  • pump-funPump.fun (PUMP) $ 0.003079
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.79
  • rainRain (RAIN) $ 0.007332
  • ondo-financeOndo (ONDO) $ 0.532911
  • htx-daoHTX DAO (HTX) $ 0.000002
  • kaspaKaspa (KAS) $ 0.060925
  • aptosAptos (APT) $ 2.22
  • worldcoin-wldWorldcoin (WLD) $ 0.662550
  • kucoin-sharesKuCoin (KCS) $ 11.70
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.138699
  • pax-goldPAX Gold (PAXG) $ 4,197.21
  • quant-networkQuant (QNT) $ 94.38
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.14
  • usdtbUSDtb (USDTB) $ 0.999848
  • bfusdBFUSD (BFUSD) $ 0.999178
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,540.31
  • algorandAlgorand (ALGO) $ 0.147149
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999685
  • hash-2Provenance Blockchain (HASH) $ 0.024814
  • arbitrumArbitrum (ARB) $ 0.224684
  • ripple-usdRipple USD (RLUSD) $ 0.999325
  • wbnbWrapped BNB (WBNB) $ 903.85
  • gatechain-tokenGate (GT) $ 10.63
  • official-trumpOfficial Trump (TRUMP) $ 6.15
  • vechainVeChain (VET) $ 0.014139
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • global-dollarGlobal Dollar (USDG) $ 0.999790
  • flare-networksFlare (FLR) $ 0.015374
  • binance-staked-solBinance Staked SOL (BNSOL) $ 155.41
  • cosmosCosmos Hub (ATOM) $ 2.51
  • skySky (SKY) $ 0.052222
  • filecoinFilecoin (FIL) $ 1.65
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,266.47
  • ignition-fbtcFunction FBTC (FBTC) $ 92,234.00
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 36.24
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 92,719.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,287.65
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 91,995.00
  • nexoNEXO (NEXO) $ 1.01
  • xdce-crowd-saleXDC Network (XDC) $ 0.054019
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • render-tokenRender (RENDER) $ 1.88
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997013
  • sei-networkSei (SEI) $ 0.142698
  • story-2Story (IP) $ 2.65
  • bonkBonk (BONK) $ 0.000010
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.91
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.45
  • morphoMorpho (MORPHO) $ 1.56
  • jupiter-exchange-solanaJupiter (JUP) $ 0.258208
  • ousgOUSG (OUSG) $ 113.44
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,327.79
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,285.91
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.012202
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 92,497.00
  • dashDash (DASH) $ 59.61
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.275759
  • clbtcclBTC (CLBTC) $ 90,661.00
  • spx6900SPX6900 (SPX) $ 0.744026
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 165.05
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.993950
  • aerodrome-financeAerodrome Finance (AERO) $ 0.721369
  • starknetStarknet (STRK) $ 0.142068
  • optimismOptimism (OP) $ 0.337902
  • curve-dao-tokenCurve DAO (CRV) $ 0.443252
  • injective-protocolInjective (INJ) $ 6.32
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,209.38
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999712
  • usdaiUSDai (USDAI) $ 1.00
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999868
  • beldexBeldex (BDX) $ 0.081655
  • lido-daoLido DAO (LDO) $ 0.679168
  • blockstackStacks (STX) $ 0.327488
  • msolMarinade Staked SOL (MSOL) $ 192.31
  • tbtctBTC (TBTC) $ 92,519.00
  • newton-projectAB (AB) $ 0.006324
  • the-graphThe Graph (GRT) $ 0.052690
  • usual-usdUsual USD (USD0) $ 0.997939
  • tezosTezos (XTZ) $ 0.510407
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,086.24
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,086.64
  • celestiaCelestia (TIA) $ 0.630690
  • ether-fiEther.fi (ETHFI) $ 0.829935
  • flokiFLOKI (FLOKI) $ 0.000052
  • iotaIOTA (IOTA) $ 0.119320
  • true-usdTrueUSD (TUSD) $ 0.996112
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,460.42
  • myx-financeMYX Finance (MYX) $ 2.55
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • telcoinTelcoin (TEL) $ 0.004996
  • gtethGTETH (GTETH) $ 3,089.08
  • kaiaKaia (KAIA) $ 0.081047
  • usddUSDD (USDD) $ 1.00
  • stader-ethxStader ETHx (ETHX) $ 3,317.19
  • pendlePendle (PENDLE) $ 2.85
  • ethereum-name-serviceEthereum Name Service (ENS) $ 11.99
  • pyth-networkPyth Network (PYTH) $ 0.078547
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.21
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,195.06
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.05
  • plasmaPlasma (XPL) $ 0.221223
  • conflux-tokenConflux (CFX) $ 0.084517
  • sonic-3Sonic (S) $ 0.112774
  • the-sandboxThe Sandbox (SAND) $ 0.162962
  • bitcoin-svBitcoin SV (BSV) $ 21.20
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.11
  • ghoGHO (GHO) $ 0.999397
  • doublezeroDoubleZero (2Z) $ 0.120339
  • basic-attention-tokenBasic Attention (BAT) $ 0.280553
  • heliumHelium (HNT) $ 2.23
  • wrapped-hypeWrapped HYPE (WHYPE) $ 36.03
  • bittorrentBitTorrent (BTT) $ 0.00000042
  • usdbUSDB (USDB) $ 1.01
  • decredDecred (DCR) $ 23.82
  • swethSwell Ethereum (SWETH) $ 3,374.85
  • sun-tokenSun Token (SUN) $ 0.021235
  • dogwifcoindogwifhat (WIF) $ 0.402764
  • monadMonad (MON) $ 0.037519
  • sbtc-2sBTC (SBTC) $ 92,252.00
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,415.89
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.155042
  • fasttokenFasttoken (FTN) $ 0.905985
  • flowFlow (FLOW) $ 0.238357
  • justJUST (JST) $ 0.039078
  • lorenzo-wrapped-bitcoinLorenzo Wrapped Bitcoin (ENZOBTC) $ 90,454.00
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 18.79
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 92,710.00
  • apenftAINFT (NFT) $ 0.00000039
  • galaGALA (GALA) $ 0.008078
  • jasmycoinJasmyCoin (JASMY) $ 0.007581
  • theta-tokenTheta Network (THETA) $ 0.373110
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,084.65
  • olympusOlympus (OHM) $ 22.33
  • gnosisGnosis (GNO) $ 136.54

Strive Closes $750M Investment Deal to Power ‘Alpha-Generating’ Bitcoin Strategy

0 54

Strive Closes $750M Investment Deal to Power 'Alpha-Generating' Bitcoin Strategy

Strive closed a $750 million private investment in public equity (PIPE) round, with an option to increase the financing by another $750 million if the warrants are exercised.

This capital will fund Strive’s initial wave of bitcoin

BTC$110,492.32 buys as the firm builds its bitcoin treasury. The Vivek Ramaswamy-founded firm will deploy alpha-generating strategies aimed at outperforming bitcoin.

CEO Matt Cole emphasized that Strive’s approach demands a new valuation framework. This strategy is driven by acquisitions of undervalued biotech firms, distressed bitcoin claims—including Mt. Gox claims via a partnership with 117 Partners LLC—and discounted tranches of structured bitcoin credit.

Last week, the firm said it is eyeing $7.9 billion worth of Mt. Gox bitcoin claims as it looks to build its bitcoin treasury and go public via a merger with Asset Entities (ASST).

The PIPE was priced at $1.35 per share, a 121% premium over ASST’s pre-announcement closing price, and carries no debt financing to preserve future leverage capacity.

Cole is set to present these strategies at the bitcoin for Corporations Symposium in Las Vegas.

Cantor Fitzgerald & Co. served as exclusive financial advisor and placement agent, with legal counsel provided by Davis Polk, DLA Piper, and Bevilacqua PLLC.



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