Asset-manager Strive Funds plans to acquire more than $700 million worth of Bitcoin once it completes its initial public offering, Chief Executive Officer Matt Cole said on Thursday
Asset-manager Strive Funds plans to acquire more than $700 million worth of Bitcoin once it completes its initial public offering, Chief Executive Officer Matt Cole said on Thursday.
Strive, which manages about $2 billion and was co-founded by entrepreneur and former U.S. presidential candidate Vivek Ramaswamy, is pressing ahead with the move as part of a broader strategy to add digital assets to its balance sheet. Cole did not specify the timing of the purchase, but indicated it would follow shortly after the company lists.
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Source: https://thedefiant.io/news/markets/strive-funds-targets-700-million-bitcoin-buy-after-ipo-1fd07d6c