Strive's Bitcoin Holdings May Be on the Rise, CEO Hints

Vivek Ramaswamy's Strive Inc. may be building up its Bitcoin holdings, according to a hint from the company's ASST CEO Matt Cole.

Cole posted a chart on X showing Strive's 27,462 BTC stash, valued at $2.37 billion, which would make it the sixth-largest corporate holder of the cryptocurrency.

The company's strategy involves offering leveraged Bitcoin exposure through its common stock, funded by preferred equity, as Cole described it.

This move seems to mirror Michael Saylor's Strategy Inc., which is known for posting its Bitcoin accumulation charts on Sundays, often preceding purchase disclosures the following Monday.

Saylor recently stated that Bitcoin treasury companies like Strive are Strategy's allies, not rivals.