He sought the assets seeking to become Bitcoin for the Ministry of Treasury

Strive Asset Management, founded by former businessman and presidential candidate Vivic Ramasuami, has revealed plans to move to Bitcoin to the Treasury.

According to To the May 7 Declaration, Sa`im sought publicly through the process of inverse integration and plans to use the shares of the joint company for bitcoin accumulation (BTC).

The deal will witness a merging with asset entities – a social media marketing company listed on the Nasdaq Stock Exchange. The company said that the joint entity will work under the brand of Strive and use its access to the public stock markets to finance the bitcoin purchases.

Once the deal is closed, pursuit of approximately one billion dollars in shares and debt and using revenue for BTC accumulation. Asset Manager “intends to use all available mechanisms to build the Bitcoin War Fund […] Building a long -term investment approach designed for Bitcoin excellence.

She said that the plans to seek to allow bitcoin holders to contribute to Bitcoin in exchange for public shares through a structure aimed at being tax exempted.

In December, seek It was submitted to list a trading box for exchange (ETF) Investing in convertible bonds issued by Microstrategy and other bitcoin buyers for companies.

Related to: TROMP files associated with “Bitcoin Bond” ETF

Bitcoin Treasury bonds

Bitcoin Corporate has become common since the approval of the money circulating on Bitcoin (ETFS) in Wall Street. The leading companies witnessed the Bitcoin approach to Jupiter, such as the strategy that witnessed their 350 % stock prices in 2024.

Analysts say that the addition of bitcoin to the locker bonds companies can “likely be a valuable hedge against the increasing financial deficit, expose the currency, and geopolitical risks”, “Felleti Digital Asset Manager” He said In the 2024 report.

Combined Bitcoin Treasury Bonds possess nearly $ 74 billion from BTC as of May 7, According to To bitcointreasuries.net.

Trump call

Ramaswamy, an explicit ally of President -elect Donald Trump, established an endeavor in 2022. Its stated goal is to help investors “harness the power of capitalism”, according to Strive.

In 2023, Ramaswamy – who largely obtained a $ 1 billion in a billion -dollar net from Roivant Sciences in Biotechnology – made a campaign against Trump in the preparatory elections for the Republicans. He later supported the elected president.

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