Strive Secures $750M War Chest to Double Down on Bitcoin Treasury Strategy
Another day, another nine-figure crypto bet—this time from Strive, which just bagged enough fiat to buy a small country’s Bitcoin reserves. Here’s why corporate treasuries still can’t quit digital gold.
The playbook: Raise, accumulate, repeat
Strive’s $750 million haul screams institutional FOMO. No fancy DeFi jargon here—just old-school treasury allocation with a crypto twist. Because nothing says ’hedge against inflation’ like converting VC money into Satoshis.
Wall Street meets Nakamoto
While traditional finance still debates Bitcoin’s merits, Strive’s move proves some players would rather beg for forgiveness than ask permission. The raise? Strategic. The Bitcoin buys? Inevitable. The bankers’ cut? As always, suspiciously high.