Strive completes merger to enable $700M in Bitcoin purchases, plans immediate buying

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Strive completes merger to enable $700M in Bitcoin purchases, plans immediate buying
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Key Takeaways

Strive completed a merger to enable $700 million in Bitcoin purchases.
The firm plans to begin acquiring Bitcoin immediately as part of its new investment strategy.

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Investment firm Strive today completed a merger that enables it to proceed with $700 million in planned Bitcoin purchases. The firm, founded by Vivek Ramaswamy, indicated it plans to begin acquiring Bitcoin “immediately.”

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The merger’s completion marks a direct move into crypto assets for Strive, which can now execute its previously announced Bitcoin investment strategy.

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