🔥 Key Takeaways
- Strive is raising $150M through a preferred stock offering specifically to purchase more Bitcoin and pay down debt.
- The company currently holds approximately 12,798 BTC, positioning it as a significant institutional player.
- CryptoQuant data suggests that 2024-2025 is witnessing the largest long-term Bitcoin supply release in history, yet corporate accumulation continues.
- This move signals a continued trend of “whale accumulation” despite market volatility.
Strive Doubles Down on Bitcoin Strategy
In a bold move signaling continued institutional conviction in cryptocurrency, asset management firm Strive has announced plans to raise $150 million. The capital injection will be sourced through a preferred stock offering, with a clear dual mandate: aggressive Bitcoin acquisition and strategic debt reduction. This decision underscores the company’s belief in Bitcoin as a primary treasury reserve asset and a vehicle for long-term value creation.
The Current Holdings and Market Context
Strive is already a formidable player in the Bitcoin space. According to recent reports, the firm currently holds approximately 12,798 BTC. The fresh $150 million raise is expected to significantly expand this portfolio. This accumulation strategy comes at a pivotal moment in the crypto markets. Data from CryptoQuant reveals a fascinating divergence in supply dynamics; 2024 and 2025 are currently marked as the era of the largest long-term Bitcoin supply release in history. Despite this release of dormant coins, entities like Strive are stepping in to absorb supply, highlighting the growing demand from institutional “whales.”
Implications for the Market
Strive’s strategy of leveraging equity markets to fund Bitcoin purchases creates a leveraged exposure to the asset class for its shareholders. By simultaneously addressing debt, the firm is mitigating risk while maximizing exposure to potential Bitcoin upside. This move may encourage other firms to adopt similar treasury strategies, further blurring the lines between traditional finance and the digital asset economy. As long-term holders release supply, new capital like Strive’s is crucial in establishing new price floors and validating Bitcoin’s role in modern portfolios.
Source: Cryptonews
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