Strive Buys 1,109 BTC Worth $85M in Bold Institutional Move!

Vivek Ramaswamy's asset management firm Strive has acquired 1,109 Bitcoin valued at approximately $85 million, marking a significant institutional commitment to the leading cryptocurrency. The purchase places Strive among a growing cohort of corporate and institutional players building direct BTC treasury positions.

Ramaswamy, the entrepreneur and former U.S. presidential candidate, has been vocal about hard-money principles and financial sovereignty — themes that align closely with a large-scale Bitcoin allocation. Strive's move signals that the firm is backing those convictions with capital.

The purchase adds further weight to the narrative of accelerating institutional Bitcoin adoption in 2025, as more asset managers move beyond ETF exposure toward direct on-balance-sheet BTC holdings.