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Strive Secures $750M Mega-Deal to Fuel High-Octane Bitcoin Alpha Play
Strive Secures $750M Mega-Deal to Fuel High-Octane Bitcoin Alpha Play
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Wall Street’s latest crypto love affair sees Strive banking three-quarters of a billion to chase Bitcoin’s elusive alpha—because what could possibly go wrong?
The big-money bet:
The firm’s war chest just ballooned to $750M, all earmarked for squeezing outperformance from the original cryptocurrency. No pressure.
Why it matters:
When institutional players throw this much fuel on the fire, it either launches rockets or burns down the neighborhood. Meanwhile, retail traders keep stacking sats between avocado toast payments.
The punchline:
Another day, another nine-figure gamble on ’disruptive’ finance. At least this one didn’t involve JPEGs of monkeys.
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