Strive Asset Management Launches $500M "At-The-Money" Program to Buy Bitcoin (BTC) via Preferred Stock

Strive Asset Management has initiated a significant $500 million "at-the-money" preferred stock offering program, with the explicit purpose of purchasing Bitcoin (BTC). This strategic move is designed to provide the firm with flexible capital to acquire Bitcoin directly for its investment products. The "at-the-money" structure allows Strive to issue preferred shares at or near the current market value, offering an efficient method to raise funds targeted for cryptocurrency exposure. This substantial capital commitment underscores the growing institutional demand for Bitcoin as a core asset and highlights Strive's proactive approach to securing BTC for its clients. The program signals continued confidence in the long-term value proposition of the leading cryptocurrency.