Strive Buys $109 Million in Bitcoin, Pushes Preferred Stock Toward $1 Billion

60-second summary

Strive, the asset manager founded by Vivek Ramaswamy, purchases 1,375 BTC for roughly $109 million, marking its third consecutive week of over 5 % growth and pushing its preferred‑stock valuation toward a $1 billion target; the sizable inflow signals strong institutional confidence, likely buoying Bitcoin’s price momentum and reinforcing demand for crypto‑linked equity products.