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Is Strive the next Strategy?
Vivek Ramaswamy-backed Strive ($ASST) just bought 382 more BTC for $30.3M as they try to follow in the footsteps of Michael Saylor's "Strategy"
Strive's BTC holdings rose from ~12k to 15,391 YTD
Strive's "SATA" is a clone of Strategy's "STRC"
With so many institutions bidding up the price of Bitcoin and aiming to "never sell it", we're going to see one of two things:
- The bid will continue bidding and the price of BTC will rise exponentially
- One of these companies will have a massive "FTX-like" blow-up and not be able to return investor funds. Liquidation will be horrible for the industry (temporarily)
Long-term, Bitcoin has always survived blow-ups. I hope we don't see it come to that but even if it does, the resilience of this industry has been proven time and time again
Which do you think is more likely? A blow-up or just a continuation in BTC's rise?
RE: LeoThread 2026-05-18 20-40