• bitcoinBitcoin (BTC) $ 118,306.00
  • ethereumEthereum (ETH) $ 3,059.66
  • xrpXRP (XRP) $ 2.93
  • tetherTether (USDT) $ 0.999822
  • bnbBNB (BNB) $ 687.76
  • solanaSolana (SOL) $ 161.82
  • usd-coinUSDC (USDC) $ 0.999917
  • dogecoinDogecoin (DOGE) $ 0.195438
  • tronTRON (TRX) $ 0.296550
  • staked-etherLido Staked Ether (STETH) $ 3,058.85
  • cardanoCardano (ADA) $ 0.736180
  • hyperliquidHyperliquid (HYPE) $ 48.14
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 118,085.00
  • stellarStellar (XLM) $ 0.457532
  • suiSui (SUI) $ 4.00
  • wrapped-stethWrapped stETH (WSTETH) $ 3,697.32
  • chainlinkChainlink (LINK) $ 15.70
  • hedera-hashgraphHedera (HBAR) $ 0.235780
  • bitcoin-cashBitcoin Cash (BCH) $ 490.72
  • avalanche-2Avalanche (AVAX) $ 21.24
  • leo-tokenLEO Token (LEO) $ 9.01
  • wrapped-eethWrapped eETH (WEETH) $ 3,281.20
  • shiba-inuShiba Inu (SHIB) $ 0.000013
  • wethWETH (WETH) $ 3,062.18
  • the-open-networkToncoin (TON) $ 3.02
  • litecoinLitecoin (LTC) $ 93.83
  • usdsUSDS (USDS) $ 0.999895
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999800
  • whitebitWhiteBIT Coin (WBT) $ 46.08
  • moneroMonero (XMR) $ 334.95
  • polkadotPolkadot (DOT) $ 3.96
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 118,365.00
  • uniswapUniswap (UNI) $ 9.27
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • pepePepe (PEPE) $ 0.000012
  • bitget-tokenBitget Token (BGB) $ 4.53
  • aaveAave (AAVE) $ 322.77
  • bittensorBittensor (TAO) $ 434.78
  • daiDai (DAI) $ 0.999898
  • pi-networkPi Network (PI) $ 0.453032
  • crypto-com-chainCronos (CRO) $ 0.107883
  • aptosAptos (APT) $ 4.94
  • nearNEAR Protocol (NEAR) $ 2.58
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.18
  • ondo-financeOndo (ONDO) $ 0.930163
  • internet-computerInternet Computer (ICP) $ 5.41
  • okbOKB (OKB) $ 47.42
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • jito-staked-solJito Staked SOL (JITOSOL) $ 196.65
  • ethereum-classicEthereum Classic (ETC) $ 18.31
  • algorandAlgorand (ALGO) $ 0.288671
  • mantleMantle (MNT) $ 0.701947
  • bonkBonk (BONK) $ 0.000030
  • kaspaKaspa (KAS) $ 0.086127
  • usd1-wlfiUSD1 (USD1) $ 0.999945
  • ethenaEthena (ENA) $ 0.347707
  • sei-networkSei (SEI) $ 0.364697
  • vechainVeChain (VET) $ 0.024530
  • cosmosCosmos Hub (ATOM) $ 4.58
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.033402
  • arbitrumArbitrum (ARB) $ 0.414114
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.227440
  • pump-funPump.fun (PUMP) $ 0.005741
  • render-tokenRender (RENDER) $ 3.82
  • fasttokenFasttoken (FTN) $ 4.50
  • susdssUSDS (SUSDS) $ 1.06
  • gatechain-tokenGate (GT) $ 15.65
  • official-trumpOfficial Trump (TRUMP) $ 9.27
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,059.90
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.710162
  • worldcoin-wldWorldcoin (WLD) $ 1.03
  • filecoinFilecoin (FIL) $ 2.55
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 118,119.00
  • skySky (SKY) $ 0.077574
  • quant-networkQuant (QNT) $ 112.58
  • binance-staked-solBinance Staked SOL (BNSOL) $ 171.64
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.74
  • spx6900SPX6900 (SPX) $ 1.61
  • jupiter-exchange-solanaJupiter (JUP) $ 0.496889
  • kucoin-sharesKuCoin (KCS) $ 11.59
  • usdtbUSDtb (USDTB) $ 0.999641
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998980
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,210.68
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,489.05
  • usdt0USDT0 (USDT0) $ 1.00
  • celestiaCelestia (TIA) $ 1.89
  • nexoNEXO (NEXO) $ 1.31
  • story-2Story (IP) $ 4.37
  • fartcoinFartcoin (FARTCOIN) $ 1.27
  • injective-protocolInjective (INJ) $ 12.60
  • blockstackStacks (STX) $ 0.788934
  • flare-networksFlare (FLR) $ 0.017332
  • xdce-crowd-saleXDC Network (XDC) $ 0.073106
  • optimismOptimism (OP) $ 0.673461
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,216.52
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,259.93
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 118,154.00
  • sonic-3Sonic (S) $ 0.347354
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999820
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.66
  • dogwifcoindogwifhat (WIF) $ 1.05
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,220.66
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,305.49
  • immutable-xImmutable (IMX) $ 0.527120
  • curve-dao-tokenCurve DAO (CRV) $ 0.728209
  • the-graphThe Graph (GRT) $ 0.099618
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 118,276.00
  • pax-goldPAX Gold (PAXG) $ 3,349.78
  • flokiFLOKI (FLOKI) $ 0.000097
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.11
  • clbtcclBTC (CLBTC) $ 119,879.00
  • wbnbWrapped BNB (WBNB) $ 687.20
  • kaiaKaia (KAIA) $ 0.150969
  • vaultaVaulta (A) $ 0.547245
  • iotaIOTA (IOTA) $ 0.220127
  • paypal-usdPayPal USD (PYUSD) $ 0.999203
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 181.68
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.40
  • tether-goldTether Gold (XAUT) $ 3,343.71
  • msolMarinade Staked SOL (MSOL) $ 211.23
  • raydiumRaydium (RAY) $ 2.99
  • theta-tokenTheta Network (THETA) $ 0.788171
  • jasmycoinJasmyCoin (JASMY) $ 0.016299
  • lido-daoLido DAO (LDO) $ 0.871546
  • galaGALA (GALA) $ 0.017182
  • ethereum-name-serviceEthereum Name Service (ENS) $ 23.05
  • the-sandboxThe Sandbox (SAND) $ 0.306457
  • tokenize-xchangeTokenize Xchange (TKX) $ 9.35
  • saros-financeSaros (SAROS) $ 0.284000
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.75
  • aerodrome-financeAerodrome Finance (AERO) $ 0.843102
  • ousgOUSG (OUSG) $ 111.80
  • zcashZcash (ZEC) $ 43.02
  • memecoreMemeCore (M) $ 0.414737
  • super-oethSuper OETH (SUPEROETH) $ 3,060.89
  • pyth-networkPyth Network (PYTH) $ 0.118835
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998219
  • tezosTezos (XTZ) $ 0.641696
  • bittorrentBitTorrent (BTT) $ 0.00000068
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,259.37
  • pendlePendle (PENDLE) $ 4.02
  • jito-governance-tokenJito (JTO) $ 1.87
  • falcon-financeFalcon USD (USDF) $ 0.999886
  • chain-2Onyxcoin (XCN) $ 0.018760
  • mog-coinMog Coin (MOG) $ 0.000002
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 3,172.83
  • walrus-2Walrus (WAL) $ 0.453442
  • tbtctBTC (TBTC) $ 118,116.00
  • wrapped-hypeWrapped HYPE (WHYPE) $ 48.15
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,061.94
  • morphoMorpho (MORPHO) $ 1.94
  • flowFlow (FLOW) $ 0.386029
  • decentralandDecentraland (MANA) $ 0.309884
  • newton-projectAB (AB) $ 0.008650
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 117,714.00
  • usual-usdUsual USD (USD0) $ 0.997819
  • telcoinTelcoin (TEL) $ 0.006254
  • heliumHelium (HNT) $ 3.00
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 118,118.00
  • beldexBeldex (BDX) $ 0.078612
  • thorchainTHORChain (RUNE) $ 1.54
  • coredaoorgCore (CORE) $ 0.537546
  • based-brettBrett (BRETT) $ 0.054249
  • staked-hypeStaked HYPE (STHYPE) $ 48.12
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,061.98
  • conflux-tokenConflux (CFX) $ 0.102918
  • bitcoin-svBitcoin SV (BSV) $ 26.33
  • build-onBUILDon (B) $ 0.522078
  • ripple-usdRipple USD (RLUSD) $ 0.999768
  • usddUSDD (USDD) $ 0.999897
  • apecoinApeCoin (APE) $ 0.638091
  • venomVenom (VENOM) $ 0.240131
  • starknetStarknet (STRK) $ 0.139014
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.195570
  • true-usdTrueUSD (TUSD) $ 1.00
  • syrupMaple Finance (SYRUP) $ 0.449823
  • arweaveArweave (AR) $ 7.33
  • stader-ethxStader ETHx (ETHX) $ 3,257.54
  • deepDeepBook (DEEP) $ 0.190731
  • 1inch1inch (1INCH) $ 0.339604
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008008
  • dydx-chaindYdX (DYDX) $ 0.611999
  • kavaKava (KAVA) $ 0.423259
  • aioz-networkAIOZ Network (AIOZ) $ 0.383494
  • compound-governance-tokenCompound (COMP) $ 48.06
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,378.91
  • neoNEO (NEO) $ 6.30
  • apenftAPENFT (NFT) $ 0.00000045
  • ether-fiEther.fi (ETHFI) $ 1.16
  • elrond-erd-2MultiversX (EGLD) $ 15.24
  • eigenlayerEigenCloud (prev. EigenLayer) (EIGEN) $ 1.37
  • dexeDeXe (DEXE) $ 7.46
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 120,315.00
  • ecasheCash (XEC) $ 0.000021
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.004106
  • axie-infinityAxie Infinity (AXS) $ 2.47
  • swethSwell Ethereum (SWETH) $ 3,353.05

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

0 18

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.