Strive Asset Management Announces $150M Preferred Stock Offering to Reduce Debt and Acquire Bitcoin (BTC)

Strive Asset Management has filed a proposal with the U.S. Securities and Exchange Commission (SEC) for a $150 million preferred stock sale. The firm, co-founded by entrepreneur Vivek Ramaswamy, intends to allocate the net proceeds from this offering primarily to repay outstanding debt. A portion of the funds is also earmarked for strategic acquisitions of Bitcoin (BTC). This move highlights a growing trend of asset managers integrating cryptocurrency into their treasury strategies. The filing indicates that Strive aims to strengthen its balance sheet while gaining direct exposure to the leading digital asset. The offering is subject to market conditions and regulatory approval.