
Vivek Ramaswamy's Strive Asset Management to form the first publicly traded asset management Bitcoin treasury company. They plan to raise $1 billion to buy BTC.
Loading summary
Capella University Representative
At Capella University, you can learn at your own pace with our Flexpath Learning format. Take one or two courses at a time and complete as many as you can in a 12 week billing session. With Flexpath, you can even finish the Bachelor's degree you started in 22 months for $20,000. A different future is closer than you think with Capella University. Learn more at capella.edu fastest 25% of students cost varies by pace, transfer credits and other factors. Fees apply.
Greenlight Representative
Did you know that parents rank financial literacy as the number one most difficult life skill to teach? Meet Greenlight, the debit card and money app for families. With Greenlight, you can send money to kids quickly, set up chores automate allowance and keep an eye on your kids spending with real time notifications, kids learn to earn, save and spend wisely and parents can rest easy knowing their kids are learning about money. With guardrails in place, try Greenlight Risk free today@greenlight.com Spotify welcome crypto fam to.
JV
Number one daily Bitcoin pod. Bitcoin pumping back in the green. Looking to retake the coveted 100k. Also breaking news, 5 trillion dollar fidelity just urge every public company to buy Bitcoin. Also major news, 48 billion dollar fintech giant revolt to integrate the Bitcoin Lightning network. The kicker, they have over 50 million users. This is absolutely massive. We'll also be discussing Black Rock buys two and a half billion worth of Bitcoin as the price holds steady. I'll be breaking down the latest report from ARCAM Intelligence as well as metal planet reaches 500. I'm sorry, 5555 Bitcoin milestone with their latest 555 BTC buy. We'll also be discussing Matt Hugan reveals massive base case Bitcoin price scenario target by the end of the year. I'll be breaking it down for you. Also, Michael Sailor pressures Microsoft to join the Bitcoin revolution with a $75 billion bet. That's right. And the big news of the day. Strive merges with asset entities to raise a billion dollars to buy Bitcoin. That's right. Vivic Ramani Strive Asset Management is forming the first publicly traded asset management Bitcoin treasury company with the plan to raise a billion in and Bitcoin just to start. We'll also be taking a look at the overall crypto market. All this plus so much more in today's show. Yo, what's good Crypto fam? This is first and foremost a video show. So if you want the full premium Experience with video. Visit my YouTube channel at cryptonewsalerts.net Again that's crypto news alerts.net Today is pod number 1985. I'm your boy, JV. It's May 7th, 2025. Happy hump day. Trump day.
Co-Host
Thump day.
JV
Let's get it day. Bitcoin in the green looking to recapture 100 GS. Let's kick it off with our market watch as we do each and every day. You should be able to see Coin360 on your screen. It shows Bitcoin up one and a half percent on the day, maintaining above 96,400 at the time of the live stream. Ether Ethereum even in the green today. Back above 18 Honda but barely as XRP, BNB and Cardano all correcting and in the red. And checking out the infamous claim market cap.com we're just shy of 3 trillion total. Currently 2.97 trillion. Bitcoin market cap back above 1.9 trillion. Volume is back on the rise. Up 55% on the day at with 105 billion. Bitcoin dominance all the way up to 64.4%, the highest we have been in years.
Co-Host
Ether dominance is all the way down to 7.3%.
JV
My question, how high would a bitcoin coin dom likely climb for the cycle?
Co-Host
Holy.
JV
And checking out top 100 crypto gainers past 24 hours. We got EOS leading the back of 15 followed by stack stacks. Come on stack up 12% followed by.
Co-Host
The infamous Z cash.
JV
Let me know which also if any are bullish.
Co-Host
On for the bull and holl at your boy.
JV
And checking out the coin bubbles.
Co-Host
As you can see, we're looking bubbly. Sean Ponya for the Brosis, please. And for the baddies. But I would say maybe 3565 green over red today. And for the week, I dare say 8020 red over green. And for the month it's a party. 95 of the market pumping it in the green including pudgy Little Penguins up 153.
JV
Suey up 60.
Co-Host
Virtual up 108. Massive gainers across the board. And checking out the crypto eat of your index today we're 67. Great. Yesterday at 59. Last week the infamous 56. Five plus six is an 11. Take that evildoers. And last month the 23 in extreme fear. And checking out the infamous time chain calendar. We have 154,328 blocks into the having of 2028. We're currently on block number 895672 and you can currently exchange one fiat monopoly dollar for 1034 sats so you know what to do. Pick up the sass. Put down the gas, pick up some bitcoin caps from a man searcher over@bitcoin caps.net cop yourself a CNA exclusive just like this bad boy I'm rocking here today. Get yourself straight. Let's get it.
JV
But anyways fam, let's transition into our next story. The latest TA AKA Astrology for the baddies and the Nipinator Headline reads Bitcoin pushes for 98,000 as 2025 Fed rate cut odds Flip Pessimistic oh no, is.
Co-Host
The glass half full or half empty?
JV
But anyways, here's a one hour chart and I'll share with you the live charts when we're done with this ta. But Trading view showed an abrupt turnaround for the bitcoin after it dipped under 94,000, setting a new May low. And the previous days Wall street trading session set the range for a return to the strength even as stocks finish lower. News of tension boiling over between India and Pakistan along with potential progress on the US China trade deal kept the markets.
Advertiser
Lowes helps refresh your garden in time for Mother's Day. Right now get five bags of one and a half cubic foot Scott's Naturescapes mulch for just $10 plus select one and a half gallon annuals. Hanging baskets make the perfect gift now two for only $15. The best garden starts with great deals Lowe's we help you save ballot through 57 selection varies by location while supplies last discount taken at time of purchase.
JV
Lively quoting the Kabisi letter this reaction to the U. S China trade talks being schedule tells you all you need to know. A lot is already price then traders have no time to relax with the Fed interest rate decision due May 7th that's actually today. Will they cut the rates yay or nay?
Co-Host
Hollow.
JV
Let me know. And while the market expectations for the FOMC meeting were practically unanimous, Fed Chair J. Pal subsequent statement and news conference were of more interest. Quoting Dan Crypto trades the market will be eager to watch any of the doish or hawkish changes to their tone, which has been pretty mixed here recently. And examining the bitcoin order book activity, Keith Allen, co founder of Material Indicator, said that the nearby liquidity has been cleared out before the event. Quoting them here. Pleasantly surprised Bitcoin held above the U. You won't be surprised if the price round trips the range before the end of the week now. Continuing, another analyst, Dark Fost, a contributor to On Channel platform Cryptoquant, noted declining odds of the rate cuts coming sooner in 2025. At around the time of this article being published, the June FOMC meeting had combined rate cut odds of around 30%, noticeably lower than in the recent weeks. Quoting them here, expectations are clearly pessimistic. For now, if the Fed does decide to cut the rates in this context, it'll trigger the volatility and might spark fear amongst investors. Depending upon how many bps and in some major news Before I pull up some of the live charts, a $5 trillion asset management giant Fidelity just urge.
Co-Host
Every public company to buy Bitcoin. Wild times, I'd say. And it doesn't stop there. Check this out. $48 billion fintech giant revolt to integrate the Bitcoin lightning network for payments. They have over 50 million users worldwide. Absolutely massive. So that's pretty exciting.
JV
And with that being shared, let's do some live chart action.
Co-Host
Jackson for the baddies and the brosis and the nipinators. That's what you asked for. That's what you're going to get. So as you can see here via Trading View via Coinbase, this is the one hour chart. You can see we had a falling wedge but then we started pumping. Big green candles forming on the hourly and then we started correcting some trading a little sideways. We do have a couple of targets in play. Bull scenario 98, 745, a couple of maybe 2500 above the current price action. And then we have a bear scenario sitting all the way down at 8888. 888. Let's get it. And zooming out a little bit further we take a look at a four hour and a four hour says pretty bullish overall. But we did get some corrective candles here this morning. Prior to that, I mean yesterday was pretty lit. I think we crossed close to 98 in that ballpark. Falling wedge formation but we started pumping after the falling wedge. So rising wedgie in play. Bull target scenario sitting at 988. Send it bear scenario send at 888. Lots of eights. Lots. Foreman here today Mike, George Foreman and checking out the one day also a falling wedge and we started pumping since then slowly but gradually. I don't know, suddenly here you go just shy of 112 bull scenario on the daily chart. And yeah, yesterday was a nice green candle close as you can see thus far this morning or I should say today in general it's forming red but it's itty bitty. Overall pretty sideways. Uh, bare scenario in the pink J just shy of 69 every Bros Broski's favorite number minus 420. Just saying. And checking out the one week the one week chart. 1, 2, 3, 4 consecutive weekly candle closes and we're in the fifth week. Still bullish already. And we're only halfway through the week. Happy hump day. Bull scenario cup and handle target in play.124 send it. Let's get it. Zooming out from the weekly we take a look at the monthly and the monthly says it's going up forever. JV and that's right, last month was very bullish for the month of April and already for the month of May forming a nice green candle. So let's get it. You already know.
JV
Let's mosey on to our next story. Headline here regarding Black Rock. They bought two and a half billion worth of bitcoin as the price holds steady. Here's the latest report from Aram. They reveal the asset management titan Black Rock purchased billions of dollars wor the bitcoin as bitcoin inches closer and closer to the promised land. 100 G's baby. And a new threat on X. ARCAM says that Black Rock, which has 11 trillion in assets under management, bought two and a half billion worth of bitcoin just last week. That's more than the daily issuance which is only 450 Bitcoin per day. So supply shock incoming. In his annual letter to the investors, the CEO Lawrence Fink suggests bitcoin may one day become the world's reserve currency.
Co-Host
It will replacing the US dollar.
JV
Let's go quoting Mr. Fink. Meister. The U. S has benefited from the dollar serving as the world's reserve currency for decades.
Co-Host
But that's not guaranteed to last forever.
JV
Only one thing lasts forever.
Co-Host
Wu Tang. Wu Tang.
JV
The national debt has grown at three.
Co-Host
Times the pace of the GDP since.
JV
Times Square's debt clock started ticking back in 1989.
State Farm Representative
This episode is brought to you by State Farm. You might say all kinds of stuff when things go wrong, but these are the words you really need to remember. Like a good neighbor, State Farm is there. They've got options to fit your unique insurance needs. Meaning you can talk to your agent to choose the coverage you need. Have coverage options to protect the things you value most. File a claim right on the State Farm mobile app and even reach a real person when you need to talk to someone. Like a good neighbor, State Farm is there this year.
JV
Interest payments will surpass 952 billion exceeding the defense spending. That's almost freaking trillion is nuts. By 2030, mandatory government spending and debt service will consume all federal revenue, creating a permanent deficit.
Co-Host
Oh boy. If the u.
JV
S doesn't get its debt under control, its deficits keep ballooning. America risks losing that position to digital.
Co-Host
Assets like the pre low b going up forever. Laura.
JV
Meanwhile, rcam knows that the publicly traded bitcoin mining firm riot platform to selling hundreds of their biddy. Quoting them here, riot just reported they sold 475 Bitcoin in April for 38.8 million. During April they moved exactly 475 Bitcoin.
Co-Host
To NYDIG and Monday they just moved another almost 7 million Bitcoin.
JV
Are they selling even more this month? Well, guess who's stacking them up.
Co-Host
Black rock. They're probably like sure, sell all your bitcoin.
JV
Aram data shows the company's portfolio now includes 6,611 bitcoin worth 642 million at the current prices. So there you have it yo. As black rock continues their bitty buying spree, they ain't slowing down. They surpassed, I think that was last week or the week before 600,000 Bitcoin. The kicker only took them a little over a year. So they're accumulating a lot faster than michael sailor's company. Keep in mind micro strategy was the first publicly trade company put bitcoin on the balance sheet.
Co-Host
This was back in 2020.
JV
So it took sailor five years to accumulate 555,000 bitcoin.
Co-Host
Black rock just surpass that in one year. So Blackrock is stacking bitty five times.
JV
Faster than microstrategy slash, Mikey sailor Combined.
Co-Host
They now have close to 1.2 million Bitcoin. Two companies, two individuals responsible, Lawrence fink, Mikey sailor, Bitcoin juggernauts. Just saying.
JV
But anyways, next story of the day family, let's Prepare. Meta Planet reaching 5555 to Biddy 5555.
Co-Host
Take that evildoers.
JV
That's right. Next headline of the day headline here reads Meta Planet reaches 5,555 Bitcoin with its latest 555 Bitcoin buy.
Co-Host
That's just so many fives.
JV
Japan's Meta Planet purchased 555 bitties as part of the aggressive accumulation strategy and they're more than halfway towards their goal for the year which is 10, 000 Bitcoin before the end of 2025. Currently valid at 536 million on May 7, the Tokyo listed firm disclosed it spent 53 million acquiring 555 Bitcoin at an average price of 96, 100. The company now holds 5555 Bitcoin purchase for 481 million at an average price of 86000 per biddy. The company also announced the issuance of.
Co-Host
Another 25 million in zero coupon ordinary.
JV
Bonds to fund the ongoing bitty buys.
Co-Host
Since early 2024, the firm raised over 35 billion yen, which is roughly 250.
JV
Million USD on bonds and stock acquisition.
Co-Host
Rights via the Partner Evo fund. The company's proprietary key performance indicator of the bitcoin yield has surged in recent quarters, reaching 309% just in Q4 of last year and 95% in Q1 of this year and 21% for the current quarter. Quoting their CEO in Japanese, the number five is pronounced go. I dig it. So today we're shouting go, go, go go. Shouty. It's your birthday. We gonna party like it's your birthday and we don't give up. It's your birthday.
JV
Look at that.
Co-Host
It's like a young Superman. That's the bitty Superman.
JV
That's how Clark Kent should look like.
Co-Host
Just saying. But anyways. On May 1, Meta Planet announced plans to launch a wholly owned U S subsidiary, the Meta Planet Treasury. Based in Florida, the entity plans to raise up to a quarter billion to further its bitcoin strategy and tap U S capital. Marius Meta Planet is Asia's largest public corporate hodler of the Biddy Ranking 11th my favorite number in the world globally according to the bitcoin treasuries. And at the beginning of April the firm announced the acquisition of 696 at a biddy for 10.2 billion yen, 67 million USD, the fiat monopoly dollars. And later the same month the firm acquired 330 Bitcoin for 28 million at an average price of 85000 per biddy, bringing the total holdings to 4850. 55. Then as of April 24, four days after the infamous 420, the firm disclosed about an additional 145 of the baby for 13 million, boosting his total holdings to 5, 000 Bitcoin. And I know their personal goal as per their CEO is to have a collective of 10000 Bitcoin before the end of this year and literally 21000 Bitcoin by the end of the following year of 2026. Let me know if you feel they'll likely achieve their aggressive bitcoin accumulation strategy. They're virtually the Japanese version of of strategy B.
JV
Next Story of the day Fam. Let's continue where we left off. I got a bull scenario base case.
Advertiser
You know that feeling when someone shows up for you just when you need it most? That's what Uber is all about. Not just a ride or dinner at your door. It's how Uber helps you show up for the moments that matter. Because showing up can turn a tough day around or make a good one even better. Whatever it is, big or small, Uber is on the way. So you can be on yours. Uber on our way.
JV
As per another analyst, Matt Hoogan reveals massive Base case Price target for the biddy by the End of the year despite the potential political threats that's right, the chief investment officer of the crypto asset management giant Bitwise has a big bitcoin price target for the end of 2025 as political risk emerge and the new note to the investors, the bit y CIO says the Bitcoin may increase more than 112.
Co-Host
My question for Matt why so bearish.
JV
Brother of the current value before 2026? Due to the several factors including clear crypto regulations, greater adoption, traditional finance, quitting them here, I am extraordinarily optimistic about the outlook for crypto this year. The setup, rising institutional participation and improved.
Co-Host
Regulatory environment and massive advances in a blockchain tech is extremely strong.
JV
My base case is that most of the crypto assets will trade to new.
Co-Host
All time highs this mother freaking year with bitcoin rising above 200,000 per biddy.
JV
However, he also warns the risk to.
Co-Host
The industry is now coming from politicians.
JV
In Washington, including the possibility that Congress.
Co-Host
May not approve the stablecoin bill, known.
JV
As the Genius Act. Key Dems are suddenly raising concerns about.
Co-Host
The proposed stablecoin legislation, reports Politico, quoting Hogan Hogan here. People often ask me what could derail the crypto. My answer is simple people. More specifically, those dirty little politicians.
JV
I ultimately think the stablecoin bill will pass.
Co-Host
Stablecoins are too obviously beneficial to America, the dollar merchants, entrepreneurs and others for petty political jockeying to derail the progress. At least I hope so. The next few days and weeks will be fraught if legislation fizzles. This could be a challenging summer for crypto, but if Washington can get their act together, I think the bull market will be quite unstoppable. In either event, keep your eye on Washington and for what it's worth, let me know if you agree.
JV
Disagree.
Co-Host
I don't know why the prediction is so bearish. Personally I think it's a. A lock a 200,000. Easy peasy. My bear scenario. I'll reiterate it for the Bros 222,000 bear scenario 2025 this year. Rose case and base case 420 based. Yeah, but so what? Deal with it. Bull scenario. We take the hawk 211 and we put the decimal point right in the middle. 1.1 milli bull scenario in play. And there you have it.
JV
We're going to discuss a 75 billion dollar bet from Michael Saylor and then a billion dollar buy. Massive news Vivek Ram Sawani our feature story and then we'll do some live Q A and we'll probably flip it into a pump.
Co-Host
Watch.
JV
We're now up 2000 on the day. Not too shabby for you little bitty, but yeah.
Co-Host
Headline reads Sailor pressures Microsoft to join the Bitcoin revolution with a 75 billion dollar bet. That's right at a Bitcoin for corporations 2025 micro strategy now known as Strategy B Executive chair Mikey Sailor turn his keynote into a direct challenge for one.
JV
Of the technology sector's most cash cash rich giants.
Co-Host
Speaking to an audience of chief financial.
JV
Officers and treasury executives, he argued Microsoft should shift tens of billions of dollars from share buybacks to short dated Treasuries into Bitcoin, calling the crypto the universal perpetual profitable merger partner.
Co-Host
Damn, that's a mouthful. That outclasses every other treasury asset in the aia. Damn straight, Sailor. Frame the comparison station starkly quoting them here. Microsoft is up 18% a year for the past five years.
JV
Bitcoin is up 62%, he said, adding.
Co-Host
That the S&P 500's compound growth of roughly 14% defines a hurdle rate by which the corporate capital allocation is judged.
JV
Normalize everything against the cost of the.
Co-Host
Capital and you discover Microsoft's real outperformance.
JV
4%.
Co-Host
Laughable, Mr. Gates.
JV
Laughable.
Co-Host
Bitcoin is 48%. Bonds are negative. Why would you hold the thing that's destroying the capital when the apex is asset is compounding almost 50 above the cost of the money? He then zeroed in on Microsoft's current balance sheet mix quoting them again. If Microsoft buys bonds, you're destroying 99.7% of your capital over 10 years, he declared. Buying your own stock is only marginally less catastrophic.
JV
You're vaporizing 97%.
Co-Host
Buying Bitcoin would be 10 times better than buying Microsoft. I'm gonna rephrase that. Buying Bitcoin would be a hundred times better than buying Microsoft. Mark my words. Sailor's argument rests on his conviction that bitcoin inaugurates a third monetary epoch. Quoting him again gold was 19th century money. Sovereign debt was 20th century money. Bitcoin is 21st century money. That's right, the first liquid fungible capital asset with no counterparty risk. He dates the institutional year zero for Bitcoin to 2024, the moment the SEC blessed the spot ETFs and FASB signaled fair value accounting by that Ryan Reynolds here from Mint Mobile. I don't know if you knew this but anyone can get the same premium wireless for 15amonth plan that I've been enjoying. It's not just for celebrities. So do like I did and have one of your assistant's assistants switch you to Mint Mobile today. I'm told it's super easy to do@mintmobile.com.
Greenlight Representative
Switch upfront payment of 45 for 3 month plan equivalent to $15 per month Required intro rate first 3 months only, then full price plan options available, taxes and fees, extra fee full terms@mintmobile.com, chronology.
Co-Host
2025 is year one and the window for the first mover advantage is already narrowing. Seize the moment, take advantage of it proceeds the qualify or the quantify the upside. Sailor revealed his team ran Microsoft through the open source Bitcoin24 treasury modeling tool. Four scenarios were stress tested, sweeping excess cash into the biddy, substituting dividends for the coin purchases, replacing buybacks with accumulation and adding a thin layer of of leverage. Depending upon the mix, it adds anywhere from 155 to 584 dollars a share, 1 to 5 trillion dollars in enterprise value while taking less risk. I am asking you to stop surrendering the capital you just spent five years winning. And we all know the infamous melting ice cube scenario, right? The emotionally charged moments of the keynote came when Sailor linked Treasury policy to the operational strain. When you divest yourself of $200 billion who amplify every risk factor in your own prospectus, he warned you put massive pressure on your employees, then your customers. You lock them into three year contracts, force them to buy everything when they only want some things. Then your competitors complain and the regulators sue you. All of it because you're chasing quarterly volatility. You could hedge instantly by holding a non correlated hard asset AKA pre little bitty going up forever Lore. He pressed the point with a thought experiment aimed squarely at Microsoft's board. And this was directly aimed towards the board of directors. If you could Buy a hundred billion dollar company growing 60 a year at one times revenue. Would you do it? What if you can do it every year forever? Laura, that's Bitcoin. The irony is that the least risky acquisition imaginable is perceived as risky by consensus finance. Hence never listen to the lizard folk and you can see them here given a presentation. Sailor just call Microsoft to buy 75 billion worth of Bitcoin and make $4 trillion. So my question to you, do you think Microsoft board of directors will eventually adopt Bitcoin as a strategic reserve asset? Put the bitty on the balance sheet, follow in the footsteps of strategy B and these other bitcoin acquisition companies. And also remember earlier in the year there's a lot of speculation that Microsoft was going to make the big announcement. Sailor got to pitch Bitcoin to the board of directors but they made a stupid decision and ultimately said no.
JV
So will they eventually come around? What's your thoughts? I'll read your comments out loud and welcome everyone just joining us. All right now for our feature story of the day.
Co-Host
Strive merges with asset entities raising $1 billion to buy Bitcoin.
JV
That's right. This is Vivic Ramsawani's company which is.
Co-Host
Launching and this is a big deal. As you can see in some headlines here. Vivek Ram Sawani Strive Asset Management to form the first publicly traded asset management Bitcoin treasury company. They plan to raise 1 billion just to start to buy Bitcoin. So game on. Mad bullishness. And Max Kaiser gives Vivek the hollow employee of the month. So congratulations. Vivic Ramsawani Ohio Governor candidate Vivek 2 billion Strive Capital to go public as a Bitcoin treasury company. They're going to buy 1 billion of their 2 billion just to start. And this is major news. So let's break this baby down, shall we? Bitty Baddies and Bitty Brosis alike. Asset Entities Inc. A digital marketing and content delivery company has announced a merger agreement with Strive Asset Management. The merge entity will operate under the Stride brand and remain listed on the Nasdaq. That's right. With this, the firm will become a public Bitcoin treasury company using corporate strategies to build Bitcoin reserves while it delivers strong returns to the shareholders. The company also said in a press release that it plans to offer equity in exchange for Bitcoin through a structure that is intended to be tax free under section 351 of the US tax code. This means investors will be able to swap their bitties for the company's stock without being taxed.
JV
That's pretty lit, though this depends on individual tax circumstances. This offer will be open to certain accredited investors prior to the transaction. Closing. Strive also plans to merge merge with over capitalized companies to acquire cash at a discount and to use its expertise.
Co-Host
To fix income and derivatives to unlock.
JV
Additional capital for more Bitcoin purchases. The company is looking to raise up to a billion dollars after the transaction.
Co-Host
Closes through the equity and debt offerings to buy more bitcoin when such purchases benefit the shareholders. Matt Cole will lead the company as the SEC or CEO and chairman. Cole previously managed 70 billion in fixed income investments. He'll be joined by Ben Pham as the cfo, Arshia Sharkani as Chief Marketing Officer, Logan Bernie as Chief Legal Officer and Sarkani, CEO of Asset Entities. Said, we are thrilled to be joining forces with Strive Asset Management to help pioneer the future of the corporate Bitcoin treasury strategies Strive Asset Management this episode.
Greenlight Representative
Is brought to you by Indeed. When your computer breaks, you don't wait for it to magically start working again. You fix the problem. So why wait to hire the people your company desperately needs? Use Indeed sponsored jobs to hire top talent fast and even better, you only pay for results. There's no need to wait. Speed up your hiring with a $75 sponsored job credit@ Indeed.com podcast. Terms and conditions apply.
Co-Host
Has also filed with the US SEC to launch a new investment fund. The stride Bitcoin bond ETF filed on December 26th will and convertible bonds issued by companies like Micro Strategy, now known.
JV
As Strategy B, which have used bond.
Co-Host
Proceeds to buy more bitcoin. These bonds can be turned into company shares and are backed by Bitcoin holdings. The ETF will also include exposure through the swaps and options. Strive Asset Management was co founded by Vivic, a former presidential candidate as we all know who recently left the company in 2023. Strive Enterprises has remained private which will own 94.2% of the public company before financing is completed. And there you have it. Now there's also the new company from, you know, Jack Mahlers being the CEO called 21, backed by the likes of Howard Lutnick's company, Cantor Fitzgerald multi billion dollar company as well as Tether USDT. They have the stablecoin multi billion dollar entity. So there's a lot of new bitcoin acquisition companies being birthed in real time because they're just watching strategy being Michael Sailor collect the bitties and achieve the glory and they want in. And this is the game theory which has been prophesied so you already know.
JV
And don't forget to check out cryptonewsalerts.net for the full premium experience with video and to participate in our live Q A. And I look forward to seeing you on tomorrow's episode. Hoddle.
Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News Episode 1985: Vivek Ramaswamy’s Strive Capital to Go Public with $1B Bitcoin Buy Release Date: May 8, 2025 Host: Justin Verrengia
In Episode 1985 of Crypto News Alerts, host Justin Verrengia, alongside his co-host, delves into significant developments in the cryptocurrency landscape. The episode centers around Vivek Ramaswamy’s Strive Capital's ambitious plan to go public with a $1 billion Bitcoin acquisition. Additionally, the show covers major market movements, institutional investments in Bitcoin, and strategic pushes by crypto advocates to integrate Bitcoin into established corporate structures.
Bitcoin's Surge Towards $100K
The episode kicks off with a bullish outlook on Bitcoin, highlighting its upward trajectory aiming to retake the $100,000 mark. At [01:25], JV notes, “Bitcoin pumping back in the green. Looking to retake the coveted 100k.” The current market cap is nearing $3 trillion, with Bitcoin dominance reaching 64.4%, the highest in years ([02:51]).
Ethereum and Other Cryptocurrencies
Ethereum also shows positive movement, regaining strength above $18,000. However, other major altcoins like XRP, BNB, and Cardano are experiencing corrections and moving into negative territory. The overall market sentiment remains optimistic, with significant trading volume increases and steady Bitcoin prices ([03:26]).
BlackRock's Significant Bitcoin Purchase
One of the standout stories discussed is BlackRock's substantial investment in Bitcoin. According to the ARCAM Intelligence report shared at [10:25], BlackRock, managing $11 trillion in assets, purchased $2.5 billion worth of Bitcoin in the last week alone. This acquisition surpasses the daily Bitcoin issuance of 450 BTC, signaling a potential supply shock ([10:25]).
Vivek Ramaswamy’s Strive Capital Going Public
The core feature of the episode revolves around Vivek Ramaswamy’s Strive Capital joining the public market with a strategic Bitcoin treasury initiative. Announced at [25:29], Strive Asset Management plans to merge with Asset Entities Inc., aiming to raise $1 billion to commence Bitcoin purchases. This move positions Strive as the first publicly traded asset management company dedicated to building Bitcoin reserves, with aspirations to offer equity swaps for Bitcoin through tax-efficient structures ([25:35]).
Michael Saylor's Push for Microsoft's Bitcoin Adoption
Another significant discussion point is Michael Saylor's advocacy for Microsoft to allocate $75 billion towards Bitcoin investments. As detailed at [20:18], Saylor challenges Microsoft’s treasury management, arguing that shifting funds from traditional assets to Bitcoin could exponentially increase corporate value. He stated, “Bitcoin is the universal perpetual profitable merger partner,” emphasizing Bitcoin's superior growth compared to traditional investments like bonds and company stock ([20:36]).
Meta Planet Reaches 5,555 BTC Milestone
The episode highlights Meta Planet’s aggressive Bitcoin acquisition strategy. As of May 7th, the Tokyo-listed firm has accumulated 5,555 BTC through strategic purchases, aiming for 10,000 BTC by the end of 2025. CEO Marius Meta Planet expressed confidence in the company’s growth, stating, “We are thrilled to be joining forces with Strive Asset Management to help pioneer the future of the corporate Bitcoin treasury strategies” ([14:32]).
Expansion Plans and Financial Strategies
Meta Planet plans to launch a wholly-owned U.S. subsidiary, Meta Planet Treasury, based in Florida, to further its Bitcoin strategy. The subsidiary aims to raise up to $250 million through bond and stock acquisitions, facilitating continued Bitcoin purchases that benefit shareholders ([14:59]).
Matt Hoogan's Bullish Price Projection
Matt Hoogan, Chief Investment Officer at Bitwise, presents an optimistic price target for Bitcoin, anticipating it could exceed $200,000 by the end of 2025 despite emerging political risks. Hoogan emphasizes, “I am extraordinarily optimistic about the outlook for crypto this year,” citing factors like regulatory clarity and increased institutional participation ([17:34]).
Regulatory Challenges
Hoogan also warns of potential hurdles, particularly with the proposed stablecoin legislation known as the Genius Act. He expressed concerns that political maneuvering could impact Bitcoin’s growth trajectory, stating, “People often ask me what could derail the crypto. My answer is simple people. More specifically, those dirty little politicians” ([18:44]).
Formation of a Public Bitcoin Treasury Company
Strive Asset Management's merger with Asset Entities Inc. marks a pivotal moment in corporate Bitcoin adoption. As discussed at [25:29], the merged entity will operate under the Stride brand on Nasdaq, becoming the first public company focused on building Bitcoin reserves. Strive plans to offer tax-free equity swaps for Bitcoin, providing accredited investors with a unique investment opportunity ([25:35]).
Leadership and Future Plans
Under the leadership of Matt Cole as CEO and chairman, Strive aims to leverage its expertise in fixed income and derivatives to maximize Bitcoin purchases strategically. The company also filed with the SEC to launch the Stride Bitcoin Bond ETF, which will include convertible bonds backed by Bitcoin holdings, further integrating Bitcoin into traditional financial instruments ([28:31]).
Episode 1985 of Crypto News Alerts provides a comprehensive overview of the current state and future prospects of Bitcoin within both the cryptocurrency market and the broader financial ecosystem. From institutional giants like BlackRock making sizable Bitcoin purchases to innovative corporate strategies by Strive Capital and Meta Planet, the episode underscores a growing trend of mainstream adoption and strategic investment in Bitcoin. Analysts like Matt Hoogan offer bullish forecasts, while voices like Michael Saylor advocate for significant corporate shifts towards Bitcoin, signaling a potential transformative period for digital assets.
Notable Quotes:
Stay informed and ahead of the curve by tuning into Crypto News Alerts daily for the latest in Bitcoin and cryptocurrency news.