Vivek Ramaswamy’s Strive Launches $500M Preferred Stock Sale to Fuel Bitcoin Buying Spree
- Why Is Strive Raising $500M in Preferred Stock?
- How Did Strive Amass 7,525 BTC So Quickly?
- Is Strive Copying MicroStrategy’s Bitcoin Playbook?
- What’s Next for Strive’s Bitcoin Strategy?
- How Does Strive’s Approach Compare to Bitcoin ETFs?
- FAQs: Strive’s Bitcoin Gambit Explained
Strive, led by Vivek Ramaswamy, is making waves in the crypto space with its aggressive bitcoin accumulation strategy. The company recently filed to sell $500M in preferred stock to fund further BTC purchases, following its merger with Semler Scientific and a series of strategic acquisitions. With 7,525 BTC already in its treasury, Strive is emulating Michael Saylor’s playbook—but can it sustain the momentum? Here’s a deep dive into their ambitious plans.
Why Is Strive Raising $500M in Preferred Stock?
On December 9, 2025, Strive filed with U.S. regulators to issue up to $500M in Series A variable-rate perpetual preferred shares (ticker: SATA). The proceeds will fuel corporate goals, including Bitcoin purchases, working capital, asset acquisitions, and potential debt repayment. The ATM (at-the-market) structure allows gradual sales, giving Strive flexibility to adapt to market conditions. This isn’t just about stacking sats—it’s about leveraging every financial tool to grow their BTC holdings efficiently.
How Did Strive Amass 7,525 BTC So Quickly?
Strive’s Bitcoin treasury strategy kicked off in May 2025 with a reverse merger into a Nasdaq-listed shell company. By September, they completed a stock merger with Semler Scientific, adding 5,816 BTC at an average price of $116,047 per coin. Then, in early November, they scooped up another 1,567 BTC at $103,315 each, funded through their initial SATA offering and warrant exercises. Their total holdings now place them among the top 20 corporate Bitcoin treasuries globally. Not bad for a company that only entered the crypto game this year.
Is Strive Copying MicroStrategy’s Bitcoin Playbook?
Absolutely—and they’re not shy about it. Michael Saylor’s MicroStrategy holds over 660,624 BTC (3%+ of supply), and Strive is following a similar blueprint: issuing equity, leveraging mergers, and prioritizing BTC per share growth. Unlike spot ETFs, treasury-focused firms like Strive and MicroStrategy optimize balance sheets for long-term BTC exposure. But here’s the catch: while gains can compound, losses hurt just as much. Strive’s latest capital raise doubles down on this high-risk, high-reward model.
What’s Next for Strive’s Bitcoin Strategy?
The company has hinted at ambitions to acquire up to 75,000 BTC, partly tied to claims from Mt. Gox’s bankruptcy. With $2B+ in assets under management since launching its first ETF in 2022, Strive is positioning itself as a hybrid investment-crypto powerhouse. Their next moves? Likely more acquisitions, strategic financing, and relentless BTC accumulation—assuming markets cooperate.
How Does Strive’s Approach Compare to Bitcoin ETFs?
Spot ETFs like BlackRock’s IBIT offer passive exposure, but Strive’s model is hyper-active. They use debt, equity, and M&A to amplify Bitcoin holdings—a tactic that demands flawless execution. For investors, this means higher potential upside (and downside) compared to ETF shares. It’s a bold gamble, but one that could pay off if Bitcoin’s bull run continues.
FAQs: Strive’s Bitcoin Gambit Explained
What is Strive’s preferred stock offering?
Strive plans to sell up to $500M in Series A preferred shares (SATA) to fund Bitcoin purchases and other corporate goals.
How much Bitcoin does Strive own?
As of November 2025, Strive holds 7,525 BTC, worth roughly $780M at current prices.
Why merge with Semler Scientific?
The merger provided Nasdaq listing access and 5,816 BTC, accelerating Strive’s treasury growth.
Is Strive’s strategy risky?
Yes—leveraging equity and debt for Bitcoin exposure magnifies both gains and losses. DYOR!
