Vivek Ramaswamy’s Strive To Board The Bitcoin Treasury Company With $1.5 Billion Raise
Posted On September 10, 2025
Asset Entities Inc. (NASDAQ:ASST) on Wednesday announced it has approved the company’s merger with Vivek Ramaswamy‘s Strive.
This paves the way for the launch of Strive, Inc., which will become the first publicly traded asset management firm structured as a Bitcoin treasury company.
The newly formed Strive plans to raise $750 million through a private placement financing (PIPE) at the close of the merger, with an additional $750 million potentially available from warrant exercises, the company announced.
Combined, the $1.5 billion raise would directly fund Bitcoin (CRYPTO: BTC) purchases, …
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