Strive Buys Bitcoin Worth $655M in Major Crypto Move

• Strive acquires 5,816 Bitcoin worth $655.4 million
• Major institutional move led by Vivek Ramaswamy
• Signals growing confidence in Bitcoin as a store of value

Strive’s $655M Bitcoin Bet: What It Means

Strive Asset Management, co-founded by former U.S. presidential candidate Vivek Ramaswamy, has made headlines with its recent purchase of 5,816 Bitcoin, valued at approximately $655.4 million. This massive investment marks one of the most significant institutional moves in the crypto space in recent months and reinforces the growing trend of large firms turning to Bitcoin as a long-term asset.

The decision to buy such a substantial amount of BTC indicates strong confidence in Bitcoin’s future trajectory, especially during a time of increasing interest in crypto from both retail and institutional investors.

Who is Behind Strive’s Big Bitcoin Play?

Vivek Ramaswamy, known for his strong views on free-market capitalism and minimal government intervention, is no stranger to bold financial moves. His asset management firm, Strive, was launched to challenge traditional ESG investing and promote shareholder value.

This recent Bitcoin purchase aligns with Ramaswamy’s broader vision of decentralization and financial sovereignty. By investing heavily in Bitcoin, Strive is not only seeking long-term gains but also making a statement about the future of money.

Bitcoin’s Rising Appeal Among Institutions

The crypto market has seen a renewed surge in institutional interest throughout 2025. From ETFs to direct purchases, Bitcoin is increasingly being viewed as digital gold—a hedge against inflation and fiat currency devaluation.

Strive’s acquisition is a clear sign of this trend accelerating. It may also influence other firms to follow suit, potentially pushing demand—and price—higher.

Bitcoin’s limited supply and increasing mainstream acceptance continue to make it an attractive asset for firms looking to diversify their portfolios.

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