Strive Buys $109 Million in Bitcoin, Pushes Preferred Stock Toward $1 Billion

Strive, the asset manager founded by Vivek Ramaswamy, purchased 1,375 BTC valued at $109 million last week. This acquisition marks the third consecutive week the firm experienced growth exceeding 5%. These strategic investments in Bitcoin are pushing the value of the company's preferred stock toward the $1 billion milestone. The firm continues to expand its digital asset holdings as part of its broader financial strategy to increase the overall valuation of its preferred stock shares.