Strive Asset Management Doubles Down With $109 Million in Bitcoin

Strive Asset Management has officially expanded its digital asset holdings. The firm founded by Vivek Ramaswamy purchased 1,375 Bitcoin last week. This latest acquisition is worth approximately $109 million at current market prices.

This purchase marks the third consecutive week of growth for the firm. Strive has seen its preferred stock offerings grow by more than 5 percent each week during this period. The company is now pushing its total preferred stock value toward the $1 billion milestone.

Investors are keeping a close eye on how Strive manages this position as the company scales its treasury strategy. The firm remains a notable player as more traditional asset managers move to integrate large Bitcoin holdings into their corporate balance sheets.