Strive strategic acquisition of MSTR True North Inc. and appoints new chief risk officer
Source: ChainCatcher
Time: 2025-09-16 19:40:20
According to ChainCatcher, Strive, Inc. announced a strategic acquisition of MSTR True North Inc. (True North) with a minimum cash transaction. True North has positive cash flow and is expected to enhance the platform's scalability without adding additional costs.
True North Founder Jeff Walton was appointed True North CEO and Strive’s Chief Risk Officer as part of the acquisition, and True North member Ben Werkman will continue to serve on the Strive board. The move cements Strive’s leadership in advocating Bitcoin in new areas of digital capital and digital credit. As the first listed asset management Bitcoin funds company, Strive currently manages more than $2 billion in assets.