• bitcoinBitcoin (BTC) $ 105,924.00
  • ethereumEthereum (ETH) $ 2,550.05
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.17
  • bnbBNB (BNB) $ 647.27
  • solanaSolana (SOL) $ 148.00
  • usd-coinUSDC (USDC) $ 0.999803
  • tronTRON (TRX) $ 0.274493
  • dogecoinDogecoin (DOGE) $ 0.170044
  • staked-etherLido Staked Ether (STETH) $ 2,549.71
  • cardanoCardano (ADA) $ 0.600595
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,775.00
  • hyperliquidHyperliquid (HYPE) $ 37.14
  • wrapped-stethWrapped stETH (WSTETH) $ 3,073.93
  • bitcoin-cashBitcoin Cash (BCH) $ 488.86
  • suiSui (SUI) $ 2.84
  • chainlinkChainlink (LINK) $ 13.09
  • leo-tokenLEO Token (LEO) $ 8.95
  • stellarStellar (XLM) $ 0.249641
  • avalanche-2Avalanche (AVAX) $ 18.20
  • the-open-networkToncoin (TON) $ 2.97
  • whitebitWhiteBIT Coin (WBT) $ 49.59
  • usdsUSDS (USDS) $ 0.999836
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • wethWETH (WETH) $ 2,549.79
  • wrapped-eethWrapped eETH (WEETH) $ 2,728.06
  • litecoinLitecoin (LTC) $ 85.54
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999384
  • hedera-hashgraphHedera (HBAR) $ 0.148650
  • moneroMonero (XMR) $ 317.39
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • polkadotPolkadot (DOT) $ 3.51
  • bitget-tokenBitget Token (BGB) $ 4.33
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,933.00
  • uniswapUniswap (UNI) $ 7.77
  • pepePepe (PEPE) $ 0.000010
  • pi-networkPi Network (PI) $ 0.541068
  • aaveAave (AAVE) $ 260.01
  • daiDai (DAI) $ 0.999523
  • okbOKB (OKB) $ 53.72
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • bittensorBittensor (TAO) $ 352.46
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • aptosAptos (APT) $ 4.43
  • crypto-com-chainCronos (CRO) $ 0.090415
  • internet-computerInternet Computer (ICP) $ 5.07
  • nearNEAR Protocol (NEAR) $ 2.18
  • jito-staked-solJito Staked SOL (JITOSOL) $ 179.24
  • susdssUSDS (SUSDS) $ 1.06
  • ethereum-classicEthereum Classic (ETC) $ 16.79
  • ondo-financeOndo (ONDO) $ 0.771941
  • tokenize-xchangeTokenize Xchange (TKX) $ 28.99
  • usd1-wlfiUSD1 (USD1) $ 0.999667
  • mantleMantle (MNT) $ 0.630111
  • gatechain-tokenGate (GT) $ 16.81
  • fasttokenFasttoken (FTN) $ 4.45
  • vechainVeChain (VET) $ 0.021824
  • official-trumpOfficial Trump (TRUMP) $ 9.37
  • kaspaKaspa (KAS) $ 0.070845
  • cosmosCosmos Hub (ATOM) $ 4.05
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 105,602.00
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.687170
  • ethenaEthena (ENA) $ 0.289118
  • skySky (SKY) $ 0.080079
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.189917
  • render-tokenRender (RENDER) $ 3.19
  • filecoinFilecoin (FIL) $ 2.36
  • usdt0USDT0 (USDT0) $ 0.999493
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,548.11
  • worldcoin-wldWorldcoin (WLD) $ 0.933925
  • arbitrumArbitrum (ARB) $ 0.307417
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.40
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997339
  • algorandAlgorand (ALGO) $ 0.169642
  • quant-networkQuant (QNT) $ 100.48
  • usdtbUSDtb (USDTB) $ 0.999804
  • kucoin-sharesKuCoin (KCS) $ 11.12
  • binance-staked-solBinance Staked SOL (BNSOL) $ 156.36
  • spx6900SPX6900 (SPX) $ 1.35
  • nexoNEXO (NEXO) $ 1.21
  • jupiter-exchange-solanaJupiter (JUP) $ 0.406113
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,902.40
  • flare-networksFlare (FLR) $ 0.017582
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,670.31
  • sei-networkSei (SEI) $ 0.209429
  • kaiaKaia (KAIA) $ 0.197025
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.74
  • celestiaCelestia (TIA) $ 1.66
  • injective-protocolInjective (INJ) $ 11.44
  • bonkBonk (BONK) $ 0.000014
  • fartcoinFartcoin (FARTCOIN) $ 1.03
  • sonic-3Sonic (S) $ 0.321576
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999915
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999176
  • blockstackStacks (STX) $ 0.644740
  • optimismOptimism (OP) $ 0.569558
  • xdce-crowd-saleXDC Network (XDC) $ 0.058453
  • paypal-usdPayPal USD (PYUSD) $ 0.999808
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,729.71
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,674.57
  • newton-projectAB (AB) $ 0.014355
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 105,806.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 105,859.00
  • wbnbWrapped BNB (WBNB) $ 646.82
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,676.31
  • pax-goldPAX Gold (PAXG) $ 3,376.58
  • the-graphThe Graph (GRT) $ 0.084792
  • tether-goldTether Gold (XAUT) $ 3,362.15
  • clbtcclBTC (CLBTC) $ 106,297.00
  • vaultaVaulta (A) $ 0.517816
  • story-2Story (IP) $ 2.77
  • curve-dao-tokenCurve DAO (CRV) $ 0.586171
  • dogwifcoindogwifhat (WIF) $ 0.798697
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • immutable-xImmutable (IMX) $ 0.408563
  • jito-governance-tokenJito (JTO) $ 2.25
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 165.41
  • aerodrome-financeAerodrome Finance (AERO) $ 0.863695
  • msolMarinade Staked SOL (MSOL) $ 192.72
  • flokiFLOKI (FLOKI) $ 0.000075
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,756.13
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.22
  • ousgOUSG (OUSG) $ 111.48
  • theta-tokenTheta Network (THETA) $ 0.693649
  • lido-daoLido DAO (LDO) $ 0.770691
  • zcashZcash (ZEC) $ 41.78
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998580
  • ethereum-name-serviceEthereum Name Service (ENS) $ 19.82
  • galaGALA (GALA) $ 0.014394
  • iotaIOTA (IOTA) $ 0.166444
  • bitcoin-svBitcoin SV (BSV) $ 32.08
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.09
  • the-sandboxThe Sandbox (SAND) $ 0.257132
  • pendlePendle (PENDLE) $ 3.85
  • usual-usdUsual USD (USD0) $ 0.997551
  • jasmycoinJasmyCoin (JASMY) $ 0.012536
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.009506
  • bittorrentBitTorrent (BTT) $ 0.00000061
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 105,631.00
  • walrus-2Walrus (WAL) $ 0.437057
  • pyth-networkPyth Network (PYTH) $ 0.099071
  • raydiumRaydium (RAY) $ 2.12
  • falcon-financeFalcon USD (USDF) $ 0.999632
  • super-oethSuper OETH (SUPEROETH) $ 2,549.83
  • tezosTezos (XTZ) $ 0.535332
  • tbtctBTC (TBTC) $ 105,437.00
  • coredaoorgCore (CORE) $ 0.552462
  • flowFlow (FLOW) $ 0.347265
  • saros-financeSaros (SAROS) $ 0.208127
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,549.80
  • wrapped-hypeWrapped HYPE (WHYPE) $ 37.09
  • syrupMaple Finance (SYRUP) $ 0.500631
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,678.82
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,728.99
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 105,818.00
  • apecoinApeCoin (APE) $ 0.631385
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,549.97
  • thorchainTHORChain (RUNE) $ 1.42
  • decentralandDecentraland (MANA) $ 0.257044
  • true-usdTrueUSD (TUSD) $ 0.997555
  • dexeDeXe (DEXE) $ 8.45
  • heliumHelium (HNT) $ 2.60
  • chain-2Onyxcoin (XCN) $ 0.013727
  • compound-governance-tokenCompound (COMP) $ 50.50
  • kavaKava (KAVA) $ 0.408137
  • beldexBeldex (BDX) $ 0.061481
  • staked-hypeStaked HYPE (STHYPE) $ 37.09
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.170227
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999801
  • based-brettBrett (BRETT) $ 0.043389
  • usddUSDD (USDD) $ 1.00
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,548.37
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 37.96
  • ripple-usdRipple USD (RLUSD) $ 0.999977
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • apenftAPENFT (NFT) $ 0.00000041
  • usdbUSDB (USDB) $ 0.996471
  • dydx-chaindYdX (DYDX) $ 0.508603
  • neoNEO (NEO) $ 5.65
  • elrond-erd-2MultiversX (EGLD) $ 13.86
  • morphoMorpho (MORPHO) $ 1.27
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • stader-ethxStader ETHx (ETHX) $ 2,709.93
  • grassGrass (GRASS) $ 1.35
  • ecasheCash (XEC) $ 0.000019
  • aioz-networkAIOZ Network (AIOZ) $ 0.325038
  • reserve-rights-tokenReserve Rights (RSR) $ 0.006612
  • starknetStarknet (STRK) $ 0.113370
  • telcoinTelcoin (TEL) $ 0.004127
  • ether-fiEther.fi (ETHFI) $ 1.01
  • eosEOS (EOS) $ 0.517873
  • conflux-tokenConflux (CFX) $ 0.073347
  • ketKet (KET) $ 0.371477
  • axie-infinityAxie Infinity (AXS) $ 2.28
  • axelarAxelar (AXL) $ 0.374689
  • eigenlayerEigenlayer (EIGEN) $ 1.19
  • zebec-networkZebec Network (ZBCN) $ 0.004111
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,812.91
  • arweaveArweave (AR) $ 5.41
  • kaitoKAITO (KAITO) $ 1.45

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

0 11

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.



Source

Leave A Reply

Your email address will not be published.