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Vivek Ramaswamy's Strive Management plans to become first publicly traded Bitcoin treasury company

From fxstreet.com

Bitcoin (BTC) is up 2% on Wednesday, rising above the $97,000 following a merger between Asset Entities and Strive Asset Management, founded by Ohio governorship candidate Vivek Ramaswamy, to form a public Bitcoin Treasury Company. The deal includes a plan to let Bitcoin holders swap BTC for company stock. Publicly traded digital marketing firm Asset Entities has agreed to merge with Strive Asset Management. The companies are combining to become the first publicly listed Bitcoin treasury company, according to a press release on Wednesday. The joint company will focus mainly on managing a Bitcoin reserve and will ... (full story)

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  • Category: Fundamental Analysis