Strive announces board members and preliminary Bitcoin strategy

Strive, Inc. (NASDAQ:ASST) is the first listed Bitcoin money management company, which announced that its board of directors is composed of experienced Bitcoin executives, including Shirish Jajodia, Ben Werkman and Pierre Rochard. The company initially holds 69 bitcoins and plans to use $750 million in a round of financing and potential additional funds to accumulate more bitcoins. The company has filed a shelved registration to allow the use of a variety of financing tools, including a $450 million ATM program and a $500 million share buyback. Strive also plans to issue permanent preferred shares to further increase shareholders' shareholding in Bitcoin.