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Vivek Ramaswamy’s Strive files for $500M preferred stock sale to expand 7,525 BTC treasury on Dec. 9, 2025
On December 9, 2025, Strive, Inc., co-founded by Vivek Ramaswamy, filed to sell up to $500 million of Variable Rate Series A Perpetual Preferred Stock to build its Bitcoin reserves and fund broader corporate needs. The company held 7,525 BTC as of early November 2025 following a reverse merger with Semler Scientific and subsequent acquisitions. It plans to allocate proceeds across Bitcoin and bitcoin-related products, income-generating assets, capital expenditures, and potential debt repayment or acquisitions.