Vivek Ramaswamy’s Strive Asset Management adds Bitcoin to its fund
With $1.7 billion in assets under management, Strive revealed in a press release that it plans to make Bitcoin a foundational element in standard investment portfolios for everyday Americans. This strategic pivot comes as the firm moves its headquarters from Ohio to Texas, signaling its commitment to Bitcoin as a key part of its growth and positioning in the evolving financial landscape.
“Strive is building a new-age financial institution founded on the time-tested fiduciary principle of maximizing value over all other considerations,” said Matt Cole, CEO of Strive. “Our focus on offering clients true financial freedom — through the thoughtful integration of Bitcoin — differentiates our Wealth Management business from nearly all major competitors today. Our growth to date in Asset Management has been driven almost entirely by retail customers, and our expansion into wealth management will allow us to serve these customers more completely.”
Texas The Home of Capital
“Texas has become the home of capital in the United States,” said Governor Greg Abbott. “Y’all Street is growing rapidly in Dallas, and Strive’s decision to relocate to Texas underscores our economic advantages that attract top businesses. With the Best Business Climate in the nation and as the top state for corporate relocation and expansion projects, Texas is the future hub of capital markets that will help cement our economic power on the global stage. I welcome Strive to our great state and look forward to working with them to create more jobs, spur innovation, and bring new investments to Dallas and the entire state of Texas.”
“When Strive launched in 2022, nearly every major corporation bent the knee to ESG,” said Vivek Ramaswamy, Strive co-founder. “Just two short years later, the national environment has changed dramatically, in no small part due to Strive’s efforts. The moment is now ripe to launch a pro-capitalism Wealth Management business focused on true financial freedom, with a focus on integrating Bitcoin into standard portfolios. I wish the team great success in the next stage of Strive’s incredible journey.”
Co-founded in 2022 by Vivek Ramaswamy, Strive is a financial services firm with a mission to maximize value for their clients through unapologetic capitalism. The firm has quickly grown to manage $1.7 billion in assets since the launch of its first fund in August 2022, competing directly with the world’s largest financial institutions by empowering Americans to invest with a sole focus on shareholder value maximization. Strive recently launched a wealth management business unit to offer true financial freedom, including the tailored integration of Bitcoin into the portfolios of everyday Americans.
