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Vivek Ramaswamy's Bitcoin Play: $162M Bitcoin Grab in Two Weeks
Strive just quietly loaded up on Bitcoin—1,567 BTC in roughly a week (Oct 28-Nov 9), dropping $162M. That's the kind of corporate treasury move we're seeing more of lately.
What's interesting: they're doing this systematically, funded by preferred stock sales. They even brought in a CIO specifically for Bitcoin treasury strategy and tweaked their governance to remove board size caps. Translation: this is serious, not a one-off move.
Ramaswamy himself grabbed more shares as Strive positions itself as a dedicated Bitcoin treasury vehicle. The broader play here? Corporate America treating BTC like a reserve asset now. Whether it's a sign of institutional conviction or just another hedge in uncertain times—the capital flow speaks for itself.