Asset manager Strive, founded by Vivek Ramaswamy, secures $750 million to deploy into Bitcoin-focused strategies targeting long-term growth.
Strive targets Bitcoin with $750M capital raise
A new institutional heavyweight enters the crypto arena
Strive, the asset management firm founded by entrepreneur and former U.S. presidential candidate Vivek Ramaswamy, has raised $750 million to be allocated into Bitcoin-focused investment strategies. This significant capital raise positions Strive as a new institutional player in the digital asset market.
The company announced that the funds will be used across a mix of direct Bitcoin purchases, BTC futures exposure, and development of specialized crypto investment vehicles tailored for U.S.-based institutional clients.
Strategic intent behind the raise
According to Strive's leadership, the firm aims to provide investors with "exposure to Bitcoin as a sovereign alternative to fiat-based assets," citing increasing concerns over inflation and global monetary policy volatility. Ramaswamy has long advocated for decentralization and financial sovereignty, aligning with Bitcoin's core ethos.
The firm plans to partner with regulated custodians and deploy capital gradually over the second half of 2025, depending on market conditions and pricing dynamics.
Institutional adoption keeps gaining momentum
Strive joins a growing list of institutional firms—including Strategy and Trump Media—that are making substantial allocations to Bitcoin. These moves are signaling a broader shift in capital flows from traditional assets to digital reserves, particularly amid macroeconomic uncertainty.
Frequently Asked Questions (FAQ)
Who is Vivek Ramaswamy?
Vivek Ramaswamy is an entrepreneur, investor, and political figure who founded Strive Asset Management with a mission to offer politically neutral investment options.
What is the goal of Strive's $750M fundraise?
The funds will be directed toward Bitcoin investments, including direct purchases, derivatives, and custom crypto portfolios.
Is Strive targeting retail or institutional investors?
The focus is primarily institutional, targeting pension funds, endowments, and high-net-worth clients seeking digital asset exposure.
What makes this announcement significant?
This move reinforces Bitcoin's growing status as an institutional-grade asset and highlights confidence from a prominent asset manager entering the crypto space.
When will the investments begin?
Deployment is expected throughout the second half of 2025, depending on market conditions and regulatory clearance.
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