Strive closed a $750 million private investment in public equity (PIPE) round, with an option to increase the financing by another $750 million if the warrants are exercised. This capital will fund Strive’s initial wave of bitcoin BTC buys as the firm builds its bitcoin treasury. The Vivek Ramaswamy-founded firm will deploy alpha-generating strategies aimed at outperforming bitcoin.CEO Matt Cole emphasized that Strive’s approach demands a new valuation framework
source: https://www.coindesk.com/markets/2025/05/27/strive-closes-usd750m-investment-deal-to-power-alpha-driven-bitcoin-strategy