Strive completes $750 million private equity financing, intended to be used to purchase Bitcoin

According to Foresight News, as reported by CoinDesk, Strike has completed a private equity investment (PIPE) financing of $750 million, with the option to increase the financing by an additional $750 million if the warrants are exercised. This funding will support Strike's Bitcoin strategy. Last week, the company announced that it is focusing on $7.9 billion worth of Mt. Gox Bitcoin debt and hopes to establish its own Bitcoin vault and go public through a merger with Asset Entities (ASST).