The first publicly traded asset management Bitcoin treasury company, Strive, Inc., has secured a substantial $750.0M in seed funding. The significant capital injection underscores growing investor confidence in specialized digital asset strategies, particularly for a company focused on outperforming Bitcoin over the long run.
Strive, which trades on Nasdaq under the ticker ASST, aims to increase Bitcoin per share. Its direct subsidiary, Strive Asset Management, LLC, an SEC-registered investment adviser, has already grown to manage over $2 billion in assets since launching its first ETF in August 2022.
