Strive ASST plans to raise $500 million to continue to increase its holdings of Bitcoin, and the wave of institutional hoarding is still accelerating?

Question

Strive ASST, an asset management company owned by Vivek Ramaswamy, has made a big move recently. According to the on-chain data tracking platform, the institution is raising funds through the perpetual preferred stock SATA ATM, with a target size of up to $500 million, and the use of funds is directed in one direction - continuing to hoard Bitcoin.

This financing method is not uncommon in traditional finance, but the operation of specifically buying BTC is quite eye-catching. Perpetual preferred shares can not only stabilize dividend expectations for investors, but also do not dilute common equity, making them a flexible capital tool for institutions. Strive’s choice to increase its Bitcoin holdings at the current point in time is clearly a bet on long-term value.

It is worth noting that this is not the first institution to increase its BTC position in a similar way. As more and more companies include Bitcoin in their balance sheets, this “financing-buy” cycle is becoming a new trend.

Rugpull幸存者 · Accepted Answer

$500 million疯狂买入BTC，这波机构真是疯了，我看好

LayerZeroHero · Answer

$500 million poured into Bitcoin, this guy is really daring. Is Bitcoin about to take off?

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Raising funds specifically to buy BTC? Are the institutions going crazy collectively or have they seen something?

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Perpetual preferred stock strategy is quite clever, but basically it's borrowing money to buy coins, betting that Bitcoin won't drop.

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The accumulation trend accelerates +1. Now even companies like MicroStrategy are out, leaving it to professional institutions to play.

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$500 million, if this money is invested, can the price not move? There's a hint of implication.

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Both financing and accumulation, this strategy is really a long-term bet. No doubt about their courage.

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Institutions are entering so aggressively, retail investors are still debating when to buy. The gap in perspective is huge.

WenMoon42 · Answer

500 million dollars to buy coins? This rhythm is a bit fierce, institutions are really going to eat and wear Bitcoin.

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The gameplay of perpetual preferred shares is really complicated, both dividends and not diluting equity... This combination of punches is aimed at long-term holding.

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Wait, is this implying that Bitcoin will continue to rush up? Otherwise, who is idle and has nothing to do to burn money like this.

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Another institution entered, and I felt that the story of retail was getting harder and harder to tell, really.

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Raise 500 million yuan to buy BTC, is this guy really firm in his faith or has other plans?

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The tide of institutional hoarding must continue to pay attention to this, and once the reverse operation is reversed, there will be drama.

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500 million is not big or small, but it can't stand the fact that a bunch of institutions behind it are doing this.

RetiredMiner · Answer

500 million knives smashed all over Bitcoin, this is really ruthless, institutions are really betting with all their might

POAPlectionist · Answer

500 million US dollars to buy Bitcoin, this rhythm is really fierce

Institutions are frantically hoarding coins, and retail investors are still hesitating

The routine of perpetual preferred shares is really absolute, it can not only finance money without diluting equity, financial genius

If this wave of institutions is successful, wouldn't we, the early players, lie down and win?

This is the case in the currency circle, big investors are moving everything, is it too late to start fearing now?

OfflineValidator · Answer

500 million US dollars to buy Bitcoin, this rhythm is really extraordinary

The signal of institutional grabbing is becoming more and more obvious, and the move of perpetual preferred shares is also absolute

It really forms a positive feedback loop, financing → hoarding→ asset appreciation→ continue financing

But who can carry this wave to the end is the winner

If I had known this, I wouldn't have sold it so early...

CommunitySlacker · Answer

$500 million to continue hoarding Bitcoin? These institutions are really not afraid of sets

Eh, no, who is afraid of traps now, they are all betting that they will rise later

How does the cycle of financing buy feel like blowing bubbles... But who cares about this when making money

StablecoinSkeptic · Answer

500 million to buy Bitcoin, this guy is really all in, either make money or lose blood, there is no middle way