A brewing conflict between traditional finance and the emerging digital asset sector has reached a critical juncture as Strive CEO Matt Cole publicly challenges MSCI’s proposed exclusion of Bitcoin-heavy companies from its influential indexes. The move, which targets firms holding digital assets exceeding 50% of their total holdings, threatens to strip billions in passive investment capital from the crypto sector and limit mainstream investor exposure to one of finance’s fastest-growing frontiers. With JPMorgan analysts warning of massive potential outflows, the debate underscores a fundamental tension: should index providers curate exposure or, as Strive argues, let the market decide?
about Strive Urges MSCI to Keep Bitcoin Firms in IndexesMatt Cole
0 posts last weekStrive Buys Semler Scientific in $675M Bitcoin-Focused Deal
In a bold move that underscores its commitment to Bitcoin, asset manager Strive has agreed to acquire Semler Scientific in an all-equity deal valuing the target at a staggering 200% premium. The transaction, announced alongside Strive’s purchase of $675 million in Bitcoin, is designed to create a combined entity that will rank among the world’s top corporate Bitcoin treasuries, signaling a strategic pivot towards becoming a leading Digital Asset Treasury operator.
about Strive Buys Semler Scientific in $675M Bitcoin-Focused DealStrive Acquires Semler Scientific in $1.3B Bitcoin Play
Strive Asset Management is acquiring healthcare technology firm Semler Scientific in a strategic $1.3 billion all-stock deal that dramatically expands Strive’s Bitcoin treasury while capitalizing on market inefficiencies. The Texas-based financial services firm, co-founded by Republican Ohio gubernatorial candidate Vivek Ramaswamy, will gain approximately 5,000 Bitcoin through the acquisition, bringing its total holdings to 10,900 BTC worth approximately $1.2 billion at current prices. This transaction represents a significant premium to Semler’s pre-announcement value and signals what industry experts predict could be the beginning of a consolidation wave among Bitcoin-holding companies.
about Strive Acquires Semler Scientific in $1.3B Bitcoin PlayGameStop Considers Bitcoin Investment to Enhance Financial Strategy and Growth
Strive Asset Management has urged GameStop to allocate part of its $5 billion cash reserves into Bitcoin to hedge against inflation and enhance long-term growth. CEO Matt Cole believes this move could position GameStop ahead of competitors and strengthen its financial strategy, despite the company’s previous mixed responses to blockchain initiatives. The market is closely watching GameStop’s decision, as it could influence other corporations considering similar investments.
about GameStop Considers Bitcoin Investment to Enhance Financial Strategy and GrowthGameStop Considers Proposal to Convert Cash Reserves to Bitcoin
GameStop has received a proposal from Strive Asset Management to convert nearly $5 billion in cash reserves into Bitcoin, positioning the company as a leader in the gaming sector’s cryptocurrency space. The proposal highlights Bitcoin’s potential as a hedge against inflation and suggests further store closures to focus on e-commerce and AI-driven services. Following reports of this potential investment, GameStop’s stock price saw a notable increase.
about GameStop Considers Proposal to Convert Cash Reserves to BitcoinGameStop Considers Five Billion Dollar Bitcoin Investment Proposal from Strive
GameStop CEO Ryan Cohen confirmed receipt of a $5 billion Bitcoin investment proposal from Strive Asset Management, suggesting the company could transform into a leading Bitcoin treasury player in the gaming sector. With $4.6 billion in cash reserves, the proposal emphasizes focusing solely on Bitcoin to enhance shareholder value amid declining sales. GameStop’s board has recently expanded investment authority, exploring digital assets after previous setbacks in the crypto space.
about GameStop Considers Five Billion Dollar Bitcoin Investment Proposal from StriveGameStop Considers Bitcoin Investment to Transform Its Financial Strategy
GameStop CEO Ryan Cohen acknowledged a letter from Strive Asset Management urging the company to invest its $4.6 billion cash reserve in Bitcoin. Strive’s CEO, Matt Cole, suggested leveraging new equity and convertible debt to fund purchases, while also recommending the closure of unprofitable stores to enhance online operations. This strategy aims to transform GameStop from a meme stock into a market leader, positioning Bitcoin as a protective asset against inflation.
about GameStop Considers Bitcoin Investment to Transform Its Financial Strategy