🚀 Strive Seeks Approval for Bitcoin Bond ETF
#Strive #Bitcoin #Bond #ETF #VivekRamaswamy #MicroStrategy #ConvertibleBonds #FinancialDerivatives #ActiveManagement #Investing #WealthManagement #BTC
According to PANews, Strive Asset Management, founded by Vivek Ramaswamy, has filed for approval from U.S. regulators to list an exchange-traded fund (ETF) focused on Bitcoin convertible bonds. These bonds, referred to as 'Bitcoin bonds,' are convertible securities issued by companies like MicroStrategy, which plan to use the proceeds primarily for purchasing Bitcoin. The Strive Bitcoin Bond ETF will be actively managed, gaining exposure to these bonds directly or through financial derivatives such as swaps and options. While the management fees for investors have not been disclosed, actively managed funds typically incur higher fees than passive index funds.
Vivek Ramaswamy, a vocal supporter of former U.S. President Donald Trump, established Strive Asset Management in 2022. In November, Trump announced that Ramaswamy, alongside Tesla founder Elon Musk, would lead the Department of Government Efficiency (DOGE), a private initiative aimed at reducing government wasteful spending.
Earlier in November, Strive launched a wealth management division, incorporating Bitcoin into its standard investment portfolio.#Strive #Bitcoin #Bond #ETF #VivekRamaswamy #MicroStrategy #ConvertibleBonds #FinancialDerivatives #ActiveManagement #Investing #WealthManagement #BTC
🚀 Five Institutions Apply For Cryptocurrency ETFs
#Cryptocurrency #ETFs #Strive #Bitwise #REX #VolatilityShares #ProShares #FinancialInstitutions #Investment #BTC #SOL
According to Odaily, the president of The ETF Store revealed on the X platform that five institutions have applied for cryptocurrency ETFs in the past 48 hours. The applications include the Strive BTC Bond ETF, Bitwise BTC Standard Corporations ETF, REX BTC Corporate Treasury Convertible Bond ETF, VolatilityShares Sol futures ETFs with 1x, 2x, and -1x exposure, and ProShares BTC hedged ETFs on the S&P 500, Nasdaq-100, and gold.#Cryptocurrency #ETFs #Strive #Bitwise #REX #VolatilityShares #ProShares #FinancialInstitutions #Investment #BTC #SOL
🚀 Strive Plans Acquisition of Mt.Gox Claims to Boost Bitcoin Reserves
#Strive #MtGox #Bitcoin #BTC #Acquisition #Crypto #BlockChain #AssetEntities #ShareholderApproval #Investment
According to PANews, Strive disclosed plans on May 20 to acquire 75,000 BTC related to Mt.Gox claims deemed legal but not yet distributed. The acquisition, in collaboration with 117 Castell Advisory Group, aims to enhance Strive's Bitcoin reserves ahead of a reverse merger with Asset Entities. The Mt.Gox compensation is expected to be completed by October 31, pending shareholder approval.#Strive #MtGox #Bitcoin #BTC #Acquisition #Crypto #BlockChain #AssetEntities #ShareholderApproval #Investment
🚀 Meta Urged to Consider Bitcoin for Corporate Strategy
#Meta #Bitcoin #CorporateStrategy #MarkZuckerberg #Strive #MattCole #BusinessBenefits #BTC
According to Odaily, Strive CEO Matt Cole has urged Mark Zuckerberg's Meta to purchase Bitcoin and incorporate it into the company's balance sheet. Cole emphasized that Bitcoin could be beneficial for businesses.#Meta #Bitcoin #CorporateStrategy #MarkZuckerberg #Strive #MattCole #BusinessBenefits #BTC
🚀 Strive Announces IPO for New Variable Rate Perpetual Preferred Stock
#Strive #IPO #BitcoinTreasuries #Bitcoin #perpetualpreferredstock #SATA #financialofferings #ASST
According to Foresight News, BitcoinTreasuries.NET reports that Strive (ASST), a Bitcoin treasury company, has announced the initial public offering (IPO) of its new variable rate perpetual preferred stock, SATA. This move marks a significant development for the company as it seeks to expand its financial offerings.#Strive #IPO #BitcoinTreasuries #Bitcoin #perpetualpreferredstock #SATA #financialofferings #ASST
🚀 Strive Adjusts IPO Plans for Preferred Shares Amid Bitcoin Strategy
#Strive #IPO #PreferredShares #Bitcoin #AssetManagement #Nasdaq #ShareholderValue #SATA #BitcoinStrategy #ForesightNews #CoinDesk #Dividend #BTC
According to Foresight News, Nasdaq-listed asset management firm Strive has announced the pricing for its perpetual preferred shares (SATA) initial public offering (IPO) at $80 per share. The company has increased the offering size from the originally planned 1.25 million shares to 2 million shares. Strive emphasized its ongoing focus on maximizing shareholder value through Bitcoin asset allocation.
Previously, Foresight News reported, citing CoinDesk, that Strive intended to issue 1.25 million SATA preferred shares to raise funds for increasing its Bitcoin holdings and expanding its business operations. The proceeds may also be allocated to income-generating assets, working capital, or repurchasing common stock. The initial dividend rate for the preferred shares is set at 12%. Strive currently holds nearly 6,000 Bitcoins, valued at approximately $637 million at current prices.#Strive #IPO #PreferredShares #Bitcoin #AssetManagement #Nasdaq #ShareholderValue #SATA #BitcoinStrategy #ForesightNews #CoinDesk #Dividend #BTC
🚀 Strive Challenges MSCI's Decision to Exclude Bitcoin Companies from Index
#Strive #MSCI #Bitcoin #Index #BTC #Treasury #BitcoinCompanies #IndexNeutrality #Cryptocurrency #DAT
According to Odaily, Strive, a Bitcoin treasury company, has expressed concerns over MSCI's decision to remove companies like Strategy and other DAT firms from its index. In a letter addressed to MSCI CEO Henry Fernandez this week, Strive argued that this move deviates from the principle of index neutrality. The company urged the index provider to allow the market to determine how to handle companies with significant Bitcoin holdings on their balance sheets. Strive has disclosed that it currently holds over 7,500 Bitcoins, ranking 14th among publicly listed companies with Bitcoin holdings.#Strive #MSCI #Bitcoin #Index #BTC #Treasury #BitcoinCompanies #IndexNeutrality #Cryptocurrency #DAT
🚀 Ontario Healthcare Pension Fund Invests in Bitcoin Treasury Firm
#OntarioHealthcarePensionFund #BitcoinTreasury #Strive #PensionFund #Investment #Crypto #Bitcoin #BTC
According to Odaily, the Ontario Healthcare Pension Fund, with assets totaling $90 billion, has acquired 14.8 million shares of Bitcoin Treasury company Strive (ASST), valued at $13 million.#OntarioHealthcarePensionFund #BitcoinTreasury #Strive #PensionFund #Investment #Crypto #Bitcoin #BTC
🚀 Strive Acquires Bitcoin at Average Price of $91,561
#Strive #Bitcoin #BTC #cryptocurrency #BitcoinAcquisition #cryptoportfolio #Xplatform #blockchain #cryptoassets #BitcoinTreasury
According to Odaily, Bitcoin treasury company Strive announced on the X platform that it purchased 123 BTC at an average price of approximately $91,561 between January 1, 2026, and January 12, 2026.
As of January 12, 2026, Strive holds a total of about 7,749.8 BTC, with a total portfolio value of approximately $874 million and an average acquisition cost of around $112,810.#Strive #Bitcoin #BTC #cryptocurrency #BitcoinAcquisition #cryptoportfolio #Xplatform #blockchain #cryptoassets #BitcoinTreasury
🚀 Strive Completes Acquisition of Semler Scientific, Expands Bitcoin Holdings
#Strive #SemlerScientific #Bitcoin #Acquisition #Nasdaq #BitcoinHoldings #PubliclyTraded #ChiefStrategyOfficer #AvikRoy #EricSemler #BitcoinStrategy #JoeBurnett #BTC
According to Odaily, Nasdaq-listed Bitcoin financial services company Strive has officially completed its acquisition of Semler Scientific. Following the merger, the combined entity now holds a total of 12,797.9 Bitcoins, making it the 11th largest publicly traded company in terms of Bitcoin holdings globally. Additionally, Strive has announced the appointment of Avik Roy as Chief Strategy Officer. Former Semler Scientific Chairman Eric Semler has joined Strive as an independent director, while Joe Burnett, previously Bitcoin Strategy Director, has been named Vice President of Bitcoin Strategy at Strive.#Strive #SemlerScientific #Bitcoin #Acquisition #Nasdaq #BitcoinHoldings #PubliclyTraded #ChiefStrategyOfficer #AvikRoy #EricSemler #BitcoinStrategy #JoeBurnett #BTC
🚀 Strive's Preferred Stock Reaches Par Value, Enabling Bitcoin Purchases
#Strive #PreferredStock #Bitcoin #SATA #Treasury #Dividend #Investment #BTC #ParValue #ATMOffering #Strategy #Stretch #STRC #Crypto
According to PANews, Strive, a Bitcoin treasury company, saw its perpetual preferred stock (SATA) reach a par value of $100 per share last Friday. This milestone allows the company to sell more shares to raise funds for further Bitcoin acquisitions. The stock offers a 12% dividend rate, with an actual yield of 12.2%. Strive currently holds 12,797 Bitcoins on its balance sheet, and its common stock is priced at $0.94 per share.
SATA's structure is similar to another Bitcoin reserve company, Strategy, which offers a product called Stretch (STRC). When trading above par value, the company can raise cash through an at-the-market (ATM) offering to increase its Bitcoin holdings. Earlier this month, STRC reached its par value, with last week's trading volume hitting $755 million, of which $582 million occurred above par value, marking the highest single-week volume to date.#Strive #PreferredStock #Bitcoin #SATA #Treasury #Dividend #Investment #BTC #ParValue #ATMOffering #Strategy #Stretch #STRC #Crypto
🚀 Strive Aims to Raise $150 Million for Bitcoin Acquisition and Debt Reduction
#Strive #Bitcoin #DebtReduction #FollowOnOffering #SATAStock #ConvertibleSeniorNotes #SemlerScientific #CorporateNeeds #DividendManagement #BTC
Strive is planning to raise up to $150 million through a follow-on offering of its preferred SATA stock. According to NS3.AI, the company intends to use the proceeds to purchase more Bitcoin and retire convertible senior notes. The funds will also be directed towards reducing debt from Semler Scientific and supporting corporate needs. Strive plans to strategically manage dividend rates on SATA stock to maintain its price within target trading ranges.#Strive #Bitcoin #DebtReduction #FollowOnOffering #SATAStock #ConvertibleSeniorNotes #SemlerScientific #CorporateNeeds #DividendManagement #BTC
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🚀 Strive's Innovative Strategy to Manage $8 Billion Debt
#Strive #BitcoinTreasury #ConvertibleDebt #PerpetualPreferredEquity #Cryptocurrency #DebtManagement #InvestorInterests #NS3AI #LongTermLeverage #InnovativeStrategy #BTC
Strive, a bitcoin treasury company, is implementing perpetual preferred equity to address its substantial $8 billion in convertible debt. According to NS3.AI, this novel strategy could become a model for handling long-term leverage in cryptocurrency firms. The approach seeks to alleviate debt burdens while maintaining a balance with investor interests.#Strive #BitcoinTreasury #ConvertibleDebt #PerpetualPreferredEquity #Cryptocurrency #DebtManagement #InvestorInterests #NS3AI #LongTermLeverage #InnovativeStrategy #BTC
🚀 Strive Becomes Tenth Largest Bitcoin Holder Globally
#Strive #Bitcoin #BitcoinHolder #Cryptocurrency #PubliclyTraded #SATAStock #SemlerNote #ForesightNews #CryptoNews #BitcoinTreasury #BTC
Strive, a publicly traded Bitcoin treasury company, has announced the completion of its SATA stock issuance and subsequent oversubscription, along with the Semler note exchange. According to Foresight News, the company has acquired 333.89 Bitcoins at an average price of $89,851 each. Strive now holds a total of 13,131.82 Bitcoins, positioning it as the tenth largest Bitcoin holder in the world.#Strive #Bitcoin #BitcoinHolder #Cryptocurrency #PubliclyTraded #SATAStock #SemlerNote #ForesightNews #CryptoNews #BitcoinTreasury #BTC