Strive acquires MSTR True North with minimum cash transaction

According to Shenchao TechFlow, on September 16, 2025, Strive, Inc. announced a strategic acquisition of MSTR True North Inc. 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, and member Ben Werkman continues to serve on the Strive board. The move consolidates Strive’s leadership in advocating Bitcoin in new areas of digital capital and digital credit. Strive currently manages more than $2 billion in assets.