Vivek Ramaswamy’s Strive buys 1,567 Bitcoin valued at $162 million
Crypto Briefing
Vivek Ramaswamy's company, Strive, acquired 1,567 Bitcoin worth $162 million to expand its cryptocurrency treasury holdings.Summary
Strive, a Bitcoin treasury company supported by biotech entrepreneur Vivek Ramaswamy, announced the purchase of 1,567 Bitcoin valued at $162 million, executed between October 28 and November 9. This acquisition is funded by proceeds from preferred stock offerings and reinforces Strive's strategy to build cryptocurrency reserves. To support its digital asset focus, the company appointed a new Chief Investment Officer specializing in Bitcoin treasury advisory and approved governance changes to allow for more flexible oversight of these initiatives. This move positions Strive as a dedicated Bitcoin treasury vehicle amid increasing corporate adoption of the cryptocurrency.
(Source：Crypto Briefing)