Vivek Ramaswamy's Strive Loads Up on Bitcoin
Strive //Bitcoin //Ramaswamy//Web3 Global News
NEWS ASIA, EUROPE & GLOBAL
11/4/20253 min read
Vivek Ramaswamy's Strive has snapped up 1,567 Bitcoin for $162 million, boosting its stash to 7,525 BTC at an average buy-in price of $103,315. This haul, grabbed between late October and early November 2025, fits Strive's "buy the dip" playbook—snagging coins when prices dip below $105,000 amid market jitters. Fresh off a blockbuster Nasdaq debut, the move catapults Strive past Galaxy Digital in corporate holdings, landing it in the top 15 global Bitcoin treasuries. For Web3 watchers, it's a stark reminder: traditional finance is no longer just dipping toes; it's diving headfirst into crypto reserves.Strive, the brainchild of biotech whiz and former presidential hopeful Vivek Ramaswamy, started as an asset manager challenging ESG norms but has pivoted hard into Bitcoin as a core strategy. Backed by heavy hitters like Peter Thiel, JD Vance, and Bill Ackman, the firm blends old-school Wall Street smarts with Web3 boldness.
This latest purchase came straight from the proceeds of an oversubscribed IPO for its Variable Rate Series A Perpetual Preferred Stock—ticker SATA—which ballooned from 1.25 million to 2 million shares due to roaring demand. Priced at $80 a pop, it raised $160 million overnight, with Ramaswamy himself grabbing 15,625 shares to hike his stake to over 142 million.What sets Strive apart? It's not just hoarding; it's engineering yields. The SATA stock dishes out a 12% monthly return-of-capital payout, letting investors pocket steady income while riding Bitcoin's upside. This hybrid setup—think MicroStrategy's playbook on steroids—funds endless BTC buys without gutting common shareholders. "We're turning Bitcoin into a working asset for boards and funds," says Strive CEO Matt Cole. Recent governance tweaks, like ditching board size caps, pave the way for nimbler oversight as the treasury swells. Ramaswamy's recent share buys underscore his skin in the game, signaling to markets that this isn't hype—it's a long-haul bet on BTC as inflation-proof collateral. Timing is everything here. Bitcoin hovered around $105,000 post-purchase, up 2% that day on Fed rate cut buzz and a U.S. government shutdown dodge. But Strive struck during a brief pullback, embodying the dip-buy ethos that has minted fortunes for early adopters. This isn't isolated: MicroStrategy, under Michael Saylor, just added 487 BTC for $50 million, pushing its hoard to 642,000 coins worth billions.
Tesla and CleanSpark keep stacking too, while even Trump Media eyes similar moves. In Web3's global arena, these corporate vaults—now totaling over 1 million BTC across firms—prop up prices and liquidity, drawing in retail players via easier on-ramps like ETFs.For businesses, Strive's blueprint flips the script on treasuries. Gone are the days of sleepy cash piles earning zilch; Bitcoin offers 26% year-to-date yields, per recent benchmarks, outpacing bonds. Yet risks lurk: volatility could wipe smiles if BTC tests $98,000 support. Strive counters with "Well-Known Seasoned Issuer" status, unlocking rapid shelf offerings for future dips. As Ramaswamy eyes acquiring health-tech outfits like Semler Scientific in all-stock deals, Strive could morph into a Bitcoin-fueled conglomerate, blending crypto with real-world ops.This surge spotlights Web3's maturation. What began as fringe tech is now boardroom staple, with firms like Strive bridging TradFi and DeFi. As institutional inflows hit records—JPMorgan alone dumped $340 million into BlackRock's BTC ETF—the $2 trillion Bitcoin market cap eyes $3 trillion by year-end. For Ramaswamy, it's personal: his anti-woke finance roots now fuel a pro-Bitcoin revolution, proving conviction pays when markets wobble. Time entries like Strive's—wait for 5-10% pullbacks to maximize yields; rushing in at peaks burns capital fast.Blend preferred stock yields with BTC exposure to attract conservative investors; Strive's 12% ROC model shows how to scale without dilution.Pitch Bitcoin as a hedge against fiat erosion; with 26% YTD returns, it's a no-brainer for idle treasuries over bonds.Cap BTC at 5-10% of assets initially, and use governance flex like Strive's for quick pivots amid volatility.
Watch for mergers like Semler—pair crypto treasuries with ops for compounded growth, but vet regs to avoid pitfalls.
