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Just caught this - SG Americas (managing 7.8B in assets) is going all-in on Strive. They pumped their $ASST stock holdings by nearly 8,000%, ending up with 112,500 shares now. That's 1.7M worth of Bitcoin treasury exposure.
The asst stock price move here is wild. An institutional player making that kind of aggressive bet on a bitcoin treasury play? Either they really believe in the thesis or something's shifting in how bigger funds are viewing this space. Curious what triggered such a massive increase in one go.