• bitcoinBitcoin (BTC) $ 108,433.00
  • ethereumEthereum (ETH) $ 4,363.37
  • xrpXRP (XRP) $ 2.82
  • tetherTether (USDT) $ 1.00
  • bnbBNB (BNB) $ 861.25
  • solanaSolana (SOL) $ 204.48
  • usd-coinUSDC (USDC) $ 0.999719
  • staked-etherLido Staked Ether (STETH) $ 4,351.10
  • dogecoinDogecoin (DOGE) $ 0.213201
  • tronTRON (TRX) $ 0.338914
  • cardanoCardano (ADA) $ 0.827149
  • wrapped-stethWrapped stETH (WSTETH) $ 5,261.57
  • chainlinkChainlink (LINK) $ 23.39
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 4,700.17
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 108,569.00
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • hyperliquidHyperliquid (HYPE) $ 44.40
  • wrapped-eethWrapped eETH (WEETH) $ 4,677.76
  • suiSui (SUI) $ 3.28
  • stellarStellar (XLM) $ 0.360432
  • bitcoin-cashBitcoin Cash (BCH) $ 531.52
  • avalanche-2Avalanche (AVAX) $ 23.55
  • crypto-com-chainCronos (CRO) $ 0.286945
  • hedera-hashgraphHedera (HBAR) $ 0.227895
  • wethWETH (WETH) $ 4,365.08
  • leo-tokenLEO Token (LEO) $ 9.48
  • litecoinLitecoin (LTC) $ 109.84
  • usdsUSDS (USDS) $ 0.999786
  • the-open-networkToncoin (TON) $ 3.08
  • shiba-inuShiba Inu (SHIB) $ 0.000012
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • whitebitWhiteBIT Coin (WBT) $ 42.32
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 108,421.00
  • uniswapUniswap (UNI) $ 9.63
  • polkadotPolkadot (DOT) $ 3.78
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.19
  • bitget-tokenBitget Token (BGB) $ 4.53
  • aaveAave (AAVE) $ 319.73
  • moneroMonero (XMR) $ 262.79
  • daiDai (DAI) $ 0.999834
  • ethenaEthena (ENA) $ 0.645997
  • pepePepe (PEPE) $ 0.000010
  • mantleMantle (MNT) $ 1.13
  • okbOKB (OKB) $ 170.08
  • ethereum-classicEthereum Classic (ETC) $ 20.94
  • bittensorBittensor (TAO) $ 319.94
  • jito-staked-solJito Staked SOL (JITOSOL) $ 251.17
  • nearNEAR Protocol (NEAR) $ 2.43
  • aptosAptos (APT) $ 4.26
  • ondo-financeOndo (ONDO) $ 0.905716
  • pi-networkPi Network (PI) $ 0.357968
  • usdt0USDT0 (USDT0) $ 1.00
  • binance-peg-wethBinance-Peg WETH (WETH) $ 4,368.20
  • internet-computerInternet Computer (ICP) $ 4.91
  • arbitrumArbitrum (ARB) $ 0.491660
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.241067
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • binance-staked-solBinance Staked SOL (BNSOL) $ 218.76
  • kaspaKaspa (KAS) $ 0.084605
  • vechainVeChain (VET) $ 0.024284
  • cosmosCosmos Hub (ATOM) $ 4.47
  • algorandAlgorand (ALGO) $ 0.236431
  • gatechain-tokenGate (GT) $ 17.04
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,971.24
  • susdssUSDS (SUSDS) $ 1.07
  • fasttokenFasttoken (FTN) $ 4.52
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 5.42
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.029387
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,576.34
  • story-2Story (IP) $ 6.02
  • render-tokenRender (RENDER) $ 3.46
  • worldcoin-wldWorldcoin (WLD) $ 0.907107
  • kucoin-sharesKuCoin (KCS) $ 13.84
  • sei-networkSei (SEI) $ 0.288441
  • bfusdBFUSD (BFUSD) $ 0.999317
  • bonkBonk (BONK) $ 0.000022
  • official-trumpOfficial Trump (TRUMP) $ 8.38
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 4,602.61
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.617918
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 44.42
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 4,719.56
  • jupiter-exchange-solanaJupiter (JUP) $ 0.509836
  • filecoinFilecoin (FIL) $ 2.27
  • flare-networksFlare (FLR) $ 0.020993
  • skySky (SKY) $ 0.064167
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 108,302.00
  • usdtbUSDtb (USDTB) $ 0.999808
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999770
  • fourFour (FORM) $ 3.62
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,609.88
  • hash-2Provenance Blockchain (HASH) $ 0.027857
  • xdce-crowd-saleXDC Network (XDC) $ 0.075699
  • falcon-financeFalcon USD (USDF) $ 1.00
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,682.46
  • tether-goldTether Gold (XAUT) $ 3,453.31
  • injective-protocolInjective (INJ) $ 12.98
  • pyth-networkPyth Network (PYTH) $ 0.217954
  • pump-funPump.fun (PUMP) $ 0.003541
  • nexoNEXO (NEXO) $ 1.24
  • celestiaCelestia (TIA) $ 1.62
  • optimismOptimism (OP) $ 0.693727
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 232.48
  • wbnbWrapped BNB (WBNB) $ 861.46
  • paypal-usdPayPal USD (PYUSD) $ 0.999932
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.997914
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 108,577.00
  • blockstackStacks (STX) $ 0.621476
  • lido-daoLido DAO (LDO) $ 1.22
  • curve-dao-tokenCurve DAO (CRV) $ 0.763260
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999944
  • sonic-3Sonic (S) $ 0.313871
  • spx6900SPX6900 (SPX) $ 1.08
  • aerodrome-financeAerodrome Finance (AERO) $ 1.12
  • immutable-xImmutable (IMX) $ 0.517103
  • super-oethSuper OETH (SUPEROETH) $ 4,370.11
  • pax-goldPAX Gold (PAXG) $ 3,460.53
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.12
  • raydiumRaydium (RAY) $ 3.53
  • msolMarinade Staked SOL (MSOL) $ 270.45
  • saros-financeSaros (SAROS) $ 0.358276
  • the-graphThe Graph (GRT) $ 0.087877
  • conflux-tokenConflux (CFX) $ 0.179151
  • memecoreMemeCore (M) $ 0.539147
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 108,768.00
  • flokiFLOKI (FLOKI) $ 0.000093
  • kaiaKaia (KAIA) $ 0.147882
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.49
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 4,348.30
  • clbtcclBTC (CLBTC) $ 109,518.00
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 4,184.19
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 4,367.43
  • dogwifcoindogwifhat (WIF) $ 0.794321
  • pendlePendle (PENDLE) $ 4.64
  • theta-tokenTheta Network (THETA) $ 0.779355
  • vaultaVaulta (A) $ 0.489898
  • tezosTezos (XTZ) $ 0.733434
  • ethereum-name-serviceEthereum Name Service (ENS) $ 23.24
  • fartcoinFartcoin (FARTCOIN) $ 0.767089
  • iotaIOTA (IOTA) $ 0.192221
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.12
  • galaGALA (GALA) $ 0.016067
  • jito-governance-tokenJito (JTO) $ 1.99
  • ousgOUSG (OUSG) $ 112.39
  • ripple-usdRipple USD (RLUSD) $ 0.999881
  • jasmycoinJasmyCoin (JASMY) $ 0.014428
  • newton-projectAB (AB) $ 0.009145
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999610
  • loaded-lionsLoaded Lions (LION) $ 0.022100
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.08
  • the-sandboxThe Sandbox (SAND) $ 0.273826
  • morphoMorpho (MORPHO) $ 2.02
  • build-onBUILDon (B) $ 0.666408
  • zcashZcash (ZEC) $ 40.48
  • stader-ethxStader ETHx (ETHX) $ 4,570.27
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,683.43
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 4,370.32
  • flowFlow (FLOW) $ 0.400538
  • bittorrentBitTorrent (BTT) $ 0.00000065
  • tbtctBTC (TBTC) $ 108,066.00
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,801.71
  • swethSwell Ethereum (SWETH) $ 4,767.69
  • usual-usdUsual USD (USD0) $ 0.997907
  • beldexBeldex (BDX) $ 0.076300
  • global-dollarGlobal Dollar (USDG) $ 0.999941
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.213535
  • walrus-2Walrus (WAL) $ 0.386156
  • decentralandDecentraland (MANA) $ 0.282740
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 108,474.00
  • vision-3Vision (VSN) $ 0.166803
  • bitcoin-svBitcoin SV (BSV) $ 26.07
  • syrupMaple Finance (SYRUP) $ 0.460561
  • ether-fiEther.fi (ETHFI) $ 1.08
  • frax-etherFrax Ether (FRXETH) $ 4,320.39
  • true-usdTrueUSD (TUSD) $ 0.998743
  • starknetStarknet (STRK) $ 0.126741
  • heliumHelium (HNT) $ 2.57
  • dydx-chaindYdX (DYDX) $ 0.610100
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 4,368.09
  • neoNEO (NEO) $ 6.66
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 107,797.00
  • based-brettBrett (BRETT) $ 0.047199
  • apenftAPENFT (NFT) $ 0.00000046
  • apecoinApeCoin (APE) $ 0.561251
  • usddUSDD (USDD) $ 1.00
  • bybit-staked-solBybit Staked SOL (BBSOL) $ 225.48
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 1.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.007425
  • zksyncZKsync (ZK) $ 0.060526
  • sun-tokenSun Token (SUN) $ 0.022843
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999764
  • savings-daiSavings Dai (SDAI) $ 1.16
  • telcoinTelcoin (TEL) $ 0.004685
  • dexeDeXe (DEXE) $ 7.55
  • coredaoorgCore (CORE) $ 0.425609
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999721
  • arweaveArweave (AR) $ 6.39
  • thorchainTHORChain (RUNE) $ 1.18
  • instadappFluid (FLUID) $ 6.15
  • elrond-erd-2MultiversX (EGLD) $ 14.43
Bitcoin

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

By admin
0 23

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

admin 12414 posts 0 comments
You might also like More from author

Leave A Reply

Your email address will not be published.