Matt Cole, the CEO of Strive Asset Management co-founded by Vivek Ramaswamy, has recommended that GameStop consider adopting bitcoin as a reserve asset. In a letter sent to GameStop’s CEO, Ryan Cohen, Cole argued that with GameStop’s $5 billion cash reserve, the company has a unique chance to become a leader in the gaming sector ...
Matt Cole, CEO of Strive Asset Management, has urged GameStop to consider using bitcoin as a reserve asset in a recent letter to chairman Ryan Cohen. With nearly $5 billion in cash, Cole believes this is an ideal moment for GameStop to position itself as a leader in the gaming industry by adopting a bitcoin ...
Vivek Ramaswamy’s Strive Asset Management is making a significant move in the evolving investment landscape by filing for the Strive Bitcoin Bond ETF with the SEC. This innovative fund aims to invest at least 80% in Bitcoin, while also offering exposure to convertible securities from MicroStrategy, a leader in Bitcoin adoption. Strive’s approach allows investors ...
Strive Asset Management, founded by Vivek Ramaswamy, has filed to create a new Bitcoin Bond ETF, offering investors exposure to convertible bonds from companies like MicroStrategy that heavily invest in Bitcoin. The fund will be actively managed and may use financial instruments like swaps and options for its investments. MicroStrategy has been purchasing Bitcoin since ...
Strive Asset Management is introducing a new ETF called the Bitcoin Bond ETF, which will provide investors exposure to Bitcoin through convertible securities, focusing mainly on MicroStrategy’s holdings. This ETF plans to invest at least 80% of its assets in these “Bitcoin Bonds” and other related derivatives. It aims to capitalize on the increasing institutional ...
