The post Strive Raises $750M for Alpha-Driven Bitcoin Treasury Fund appeared on BitcoinEthereumNews.com.

Strive Asset Management has made headlines with a $750 million private raise to support what it calls an “alpha-generating” Bitcoin treasury strategy. With warrants that could potentially take the total raise to $1.5 billion, Strive is emerging as a formidable new player in the corporate Bitcoin treasury space — one that’s not just going to hold BTC, but try to beat it. Within Strive’s Alpha-Generating Strategy Unlike most corporate Bitcoin treasury strategies, which merely involve the buying and holding of BTC as a reserve asset, Strive CEO Matt Cole has outlined a more complex, multi-dimensional strategy. The company’s strategy includes: Strive will buy firms trading below their net cash value, freeing up discounted cash to be redeployed into Bitcoin. In partnership with 117 Partners LLC, Strive is targeting Mt. Gox exchange claims with the mission to buy up to 75,000 BTC at deep discounts to spot prices. The firm will be buying the lowest tranches of structured BTC credit vehicles, contributing to yield potential. Cole discusses that such “alpha-generating” strategies require a new paradigm of valuation, as they are designed to deliver returns above and beyond Bitcoin’s performance itself — an ambition that sets Strive apart from incumbents. Who’s Behind Strive? The $750 million was raised through a private investment in public equity (PIPE) round by leading institutional investors and Strive’s management. The deal was priced at a 121% premium to Asset Entities’ (ASST) pre-merger announcement closing price, and, noteworthy, it has no debt financing—preserving future leverage ability. Cantor Fitzgerald & Co. acted as sole placement agent and financial advisor, and legal counsel was provided by Davis Polk, DLA Piper, and Bevilacqua PLLC. Strive vs. MicroStrategy and Tesla: A New Model Emerges While MicroStrategy (recently renamed simply “Strategy”) has become the name most synonymous with corporate Bitcoin accumulation—having invested over…

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Filed under: News - @ May 28, 2025 12:26 pm