Strive Drops $750M Private Bet on Bitcoin—Wall Street Side-Eyes the Move
Another day, another nine-figure gamble on crypto. Strive just locked down $750 million in private funding to go all-in on Bitcoin—because apparently, traditional treasury management is too boring for 2025.
Why Bitcoin? Why now? The press release didn’t say, but the timing screams ’FOMO’ as institutional players keep scrambling for a seat at the digital gold table. Meanwhile, legacy finance guys are still trying to explain why they called it a ’bubble’ at $30K.
One thing’s clear: When private capital talks this loud, markets listen. Whether this pumps the price or becomes another ’strategic allocation’ sob story remains to be seen—but hey, at least it’s not another NFT monkey JPEG.