Reported 1 day ago
Asset Entities and Strive Asset Management have signed a $750 million private investment in public equity (PIPE) deal aimed at funding Bitcoin acquisitions. With an additional $750 million available through warrants, the total funding potential reaches $1.5 billion. This initiative seeks to position Strive as a premier Bitcoin treasury company, focusing on long-term performance and implementing various strategies to optimize returns. The PIPE investment, priced at $1.35 per share, reflects a significant premium over the pre-announcement stock price.
Source: YAHOO