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Vivek Ramaswamy’s Strive Asset Management Secures $1.5B to Launch Bitcoin Alpha Strategy

  • Strive Asset Management secured $1.5 billion for Bitcoin Alpha Strategy, with a potential additional $750 million through warrant exercises.
  • The funding aims to drive Strive's initial Bitcoin acquisitions, focusing on outperforming Bitcoin through active, alpha-generating strategies.
  • Strive plans to acquire undervalued biotech firms, distressed Bitcoin claims, and leverage structured Bitcoin credit vehicles for high returns with controlled risks.
  • CEO Matt Cole presented Strive's Bitcoin strategy at the Bitcoin for Corporations conference, emphasizing a shift towards long-term alpha and a strategic approach in Bitcoin exposure.

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