Strive, Founded by Vivek Ramaswamy, Secures $37 Million Investment from Pension Fund: Key Details to Consider
Pension Fund Investment: The Healthcare of Ontario Pension Plan Trust Fund has acquired 14,814,815 shares of Bitcoin-focused treasury firm Strive, Inc., valued at $37.07 million as of September 30.
Ownership and Corporate Structure: The pension fund now holds 6.4% of Strive's Class A common stock, following a reverse merger that created a public BTC treasury company with significant funding potential.
Strive's Bitcoin Holdings: Strive, Inc. currently holds 7,525 BTC, valued at approximately $734 million, making it one of the largest corporate holders of Bitcoin.
Stock Performance: Strive shares experienced a 2.61% increase in after-hours trading after a 10.85% decline during regular trading, with a year-to-date rise of 134%, despite a weaker price trend according to Benzinga’s Edge Stock Rankings.
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