Strive strategic acquisition of MSTR True North Inc., appoints new chief risk officer
Source: ChainCatcher
Time: 2025-09-16 19:35:02
According to ChainCatcher, Strive, Inc. announced a strategic acquisition of MSTRT TrueNorth Inc. (TrueNorth) in a minimum cash transaction. TrueNorth has positive cash flow and is expected to enhance the platform's scalability without adding additional costs. TrueNorth founder Jeff Walton was appointed TrueNorth CEO and Strive Chief Risk Officer, and TrueNorth member Ben Werkman will continue to serve on the Strive board. The move consolidates 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 US$2 billion in assets.