Strive has just announced plans to raise $500 million to expand its holdings of Bitcoin and BTC assets.
Strive raises $500 million to buy more Bitcoin.
- Bitcoin treasury and asset management company Strive, co-founded by entrepreneur Vivek Ramaswamy, has just announced a $500 million preferred stock offering with the goal of expanding its holdings of Bitcoin and BTC related assets.
Strive announces $500,000,000 SATA At-The-Market (ATM) program.
— Strive (@strive) December 9, 2025
The program builds on the success of the upsized SATA IPO offering and will provide the company with additional capital for general corporate purposes, including acquiring more Bitcoin.
As of 11/7/25, we HODL…
- In its filing with the SEC , Strive said the Capital raised will be for general corporate purposes, but the focus will be on purchasing additional Bitcoin, purchasing Bitcoin-related financial products, supplementing working Capital , and deploying additional income-generating assets.
- While not specifying which yield-generating assets will be targeted, Strive asserts that all investments are geared toward the ultimate goal of expanding the size of the Bitcoin treasury on its balance sheet.
- This move shows that Strive is pursuing a similar strategy to MicroStrategy, taking advantage of the Capital market to continuously accumulate Bitcoin, thereby turning BTC into the company's core strategic asset.
- As of the time of the Capital announcement, Strive is holding 7,525 BTC, equivalent to about 694 million USD, thereby becoming the 14th largest Bitcoin holding company in the world, surpassing many long-listed funds and corporations.
- 2025 also marked a period of strong expansion for Strive, in May the company made a complete transition to a Bitcoin treasury model, and in September Strive continued to attract attention when it acquired Semler Scientific , creating a unified entity that owns one of the top BTC holdings in the public company group.
- In parallel, the company's ETF management unit, Strive Asset Management, has grown significantly since launching its first ETF in August 2022, bringing total assets under management (AUM) to more than $2 billion, further strengthening Strive's position in the wave of listed companies switching to the Bitcoin Treasury model.
- ASST shares responded positively to the announcement of the $500 million fundraising plan, rising 3.6% to close at $1.02. Since the beginning of 2025, the stock has more than doubled, showing that investors are appreciating Strive’s “Bitcoin-first” strategy.
Strive stock price fluctuations over the past 24 hours, screenshot taken at 11:40 AM on December 10, 2025.
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