Vivek Ramaswamy’s Strive Just Raised a Massive $500M War Chest for Bitcoin

Strive Asset Management just made a half-billion-dollar bet on Bitcoin's future. The firm, co-founded by former presidential candidate Vivek Ramaswamy, secured a staggering $500 million in fresh capital earmarked for direct Bitcoin purchases. This isn't a tentative dip into crypto waters—it's a full-scale institutional deployment.

From Political Arena to Digital Gold Rush

The move signals a powerful convergence. Ramaswamy, known for his anti-ESG corporate crusade, is now channeling that capital-allocating energy into the ultimate hard asset. Strive's thesis is clear: bypass the traditional finance middlemen and go straight for the decentralized source. It’s a direct challenge to the old guard, positioning Bitcoin not as a speculative toy, but as a core strategic reserve.

The $500M Question: Timing and Impact

Raising this kind of capital requires serious conviction. The fundraise suggests deep-pocketed investors are looking past short-term volatility and toward long-term structural shifts. This injection isn't just about price; it's about validating Bitcoin's role on the institutional balance sheet. It adds tangible, buy-and-hold demand that doesn't flinch at headlines.

A New Class of Capital Allocation

Forget gold ETFs and treasury bonds—this is portfolio allocation for the digital age. Strive's playbook involves active acquisition, not passive tracking. It cuts out the narrative and focuses on the network: security, scarcity, and sovereignty. The message to Wall Street? Your paper promises are looking a bit thin.

The cynical finance jab? Watch traditional asset managers scramble to explain why *their* clients' money is stuck earning negative real yields while this new fund just parked half a billion in an asset that actually appreciates. Strive's $500 million move isn't just an investment—it's a declaration that the old financial playbook is officially obsolete.

Vivek Ramaswamy’s Strive Inc. started a $500 million stock sale for its SATA preferred shares, right after a successful $200 million Nasdaq launch at $80 per share. Part of the proceeds will fuel Bitcoin buys, growing their stash without loans or diluting shares. As of November 7, 2025, they hold 7,525 BTC worth around $761 million (at $101K per BTC), aiming for over 22,000 BTC after merging with Semler. This makes Strive a leading company in Bitcoin holdings.