Strive, a company backed by entrepreneur Vivek Ramaswamy, has made a significant move in the cryptocurrency space by expanding its bitcoin treasury. The company recently acquired 1,567 bitcoins at an average price of $103,315, increasing its total holdings to 7,525 BTC as of November 10, 2025. This aggressive accumulation of bitcoin signals Strive's confidence in the long-term potential of the leading cryptocurrency.
In addition to bolstering its bitcoin holdings, Strive has also made headlines with its Nasdaq listing of SATA, a variable-rate perpetual preferred stock. This financial instrument is specifically designed to enhance the company's exposure to bitcoin, potentially amplifying its gains as the cryptocurrency continues to gain mainstream acceptance and adoption.
The decision to increase its bitcoin treasury aligns with Strive's strategic vision of leveraging the growing popularity of cryptocurrencies as a key component of its investment strategy. By diversifying its asset portfolio with a significant holding of bitcoin, Strive aims to capitalize on the potential for substantial returns in the digital asset market.
The move to acquire more bitcoin comes at a time when institutional interest in cryptocurrencies is steadily increasing. With major companies and financial institutions recognizing the value and potential of digital assets, Strive's decision to expand its bitcoin holdings reflects a broader trend in the financial industry towards embracing cryptocurrencies as a legitimate asset class.
Vivek Ramaswamy, the entrepreneur behind Strive, has been vocal about his bullish stance on bitcoin and other cryptocurrencies. By actively accumulating bitcoin and integrating it into the company's investment strategy, Ramaswamy and Strive are positioning themselves to benefit from the continued growth and evolution of the cryptocurrency market.
As the cryptocurrency landscape evolves and matures, companies like Strive are exploring innovative ways to harness the potential of digital assets for long-term growth and value creation. By strategically increasing its bitcoin holdings and leveraging financial instruments like SATA, Strive is demonstrating its commitment to embracing the opportunities presented by the burgeoning cryptocurrency ecosystem.
Overall, Strive's expansion of its bitcoin treasury and listing of SATA on Nasdaq underscore the company's proactive approach to capitalizing on the transformative potential of cryptocurrencies. With a growing portfolio of bitcoin and a strategic focus on maximizing exposure to digital assets, Strive is well-positioned to navigate the dynamic and evolving landscape of the cryptocurrency market.
Source: https://news.bitcoin.com/vivek-ramaswamy-backed-strive-expands-bitcoin-treasury-to-7525-coins/

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