G’day Bitcoiner,

Here’s the week in Bitcoin treasuries.

🏛️ Strive Just Redefined the Bitcoin Treasury Company

🟠 Leon Wankum: Bitcoin Is the New Real Estate?

🇺🇸 New Hampshire Goes First with a Strategic Bitcoin Reserve

📉 Samara Asset Group Launches Bitcoin CPI

🏛️ Strive Just Redefined the Bitcoin Treasury Company

From activist capital to BTC-first governance, this is the future of public finance.

At Strategy World 2025, one of the most important Bitcoin-for-Corporations announcements dropped - and it didn’t come from Strategy.

Strive Asset Management just unveiled a bold new blueprint to industrialize the Bitcoin treasury model, announcing its merger with NASDAQ-listed Asset Entities ($ASST) to form the first publicly traded, asset manager-led Bitcoin Treasury Company.

This isn’t another “we bought Bitcoin” press release.
It’s a capital architecture built to outperform Bitcoin itself-per share.

🧠 Bitcoin Is the Benchmark Now

Strive doesn’t treat Bitcoin as a hedge. It treats it as a hurdle rate—the ultimate test of capital discipline. Every dollar held, spent, or deployed must answer one question:

If not, it doesn’t deserve capital.

This reframes corporate treasuries as sovereign entities:
🏛️ Holding the hardest money
🔍 Filtering every decision through a Bitcoin lens
📈 Turning balance sheets into strategic engines of BTC accumulation

⚙️ Strive’s 3-Engine Model: Built for Bitcoin Torque

Strive isn’t betting on one lever. It’s built a multi-layered engine for Bitcoin treasury performance:

1. Section 351: Tax-Deferred BTC-for-Equity Swap

Leaning on U.S. tax code, Strive allows accredited Bitcoin holders to contribute BTC for equity—without triggering capital gains.
🛡️ No liquidation. No tax friction.
🔒 Long-term alignment.
🏛️ Institutional-grade on-ramp from private BTC to public equity.

2. Cash-at-a-Discount Acquisitions

Strive is targeting undervalued U.S. public companies trading below net cash.
🧾 Unlock fiat reserves
🔄 Convert stranded capital into Bitcoin
📈 Accretive to BTC per share

This isn’t just BTC stacking—it’s fiat alchemy.

3. Institutional Leverage With Risk Controls

This is where Strive gets tactical:

• Options overlays for downside protection

• Prepaid forwards for synthetic BTC exposure

• Yield extraction via fixed income instruments

🧠 It’s not leverage for growth’s sake. It’s engineered torque—with institutional-grade risk management.

⚡ Reverse Merger = Immediate Capital Agility

Rather than wait years for an IPO, Strive merged directly into $ASST—giving it:

• Public market access

• A live $S-3 shelf registration

• On-demand capital raises via equity or debt

CEO Matt Cole nailed it:

📢 An Attention Funnel Wall Street Can’t Copy

Strive didn’t just acquire a ticker. Through Asset Entities, it also acquired a native digital media stack:

• 2M+ social followers

• 200K+ Discord members

• 1B+ organic engagements in 90 days

• $0 in ad spend

This isn’t marketing- it’s an education engine, a shareholder flywheel, and a Bitcoin awareness megaphone in one.

🧬 Not Strategy 2.0. Strategy Evolved.

Yes, comparisons to MicroStrategy are inevitable. But Strive isn’t copying—it’s extending the model with:

• 🛡️ Section 351 tax advantages

• 🧾 Cash-rich roll-up targets

• 🧠 Institutional hedging strategies

• 🔁 Equity-efficient Bitcoin accumulation

This is faster, smarter, and more capital-flexible.
Built to win the BTC/share race.

🇺🇸 The U.S. Advantage: A Global Signal

Only U.S. companies can use Section 351 to onboard Bitcoin tax-deferred.

That makes America the regulatory launchpad for this model—and Strive its first mover.

The rest of the world?
They’re watching.

🚀 $ASST Is Now a BTC Proxy—And It’s Exploding

Within 48 hours of the announcement, $ASST pumped over 1,100%.
The term growth stock just got a new definition:

Bitcoin Treasury Company.

🟠 Leon Wankum: Bitcoin Is the New Real Estate?

Leon Wankum, a thought leader in Bitcoin and property, argues that
Bitcoin is replacing real estate as the store of value.

🏠 Property ≠ Safe Haven Anymore

Australian investors have long used real estate to preserve wealth.
But Wankum says Bitcoin now offers a better alternative - scarce, global, and borderless.

📉 Why It Matters

Real estate has tracked money supply growth.
Bitcoin’s value comes from fixed supply, not fiat inflation.
Its 10-year CAGR? Over 50%.
Australian property? 6–7%.

👩‍💻 Millennials Know

Younger generations skip advisors.
They trust Bitcoin over banks.
For them, BTC is savings tech - not speculation.

💡 Wankum’s Playbook

✔️ Allocate 5–20% of rental income into Bitcoin
✔️ Hold BTC in cold storage
✔️ Use refinance proceeds to stack sats, not more debt

🔐 BTC as Collateral? Coming Soon.

Global, liquid, and incorruptible - Bitcoin is positioning as the future of collateral for investors and businesses.

📊 Takeaway

Property still has a place.
But for preserving and compounding wealth, Bitcoin is winning.

Short ₿its 🌟

🇺🇸 New Hampshire Goes First with a Strategic Bitcoin Reserve
New Hampshire just became the first U.S. state to establish a Bitcoin reserve, authorizing up to 5% of public funds to be invested in BTC and top-tier digital assets. Signed into law by Governor Kelly Ayotte, House Bill 302 marks a bold leap toward sound money governance.

🟠 Arizona Goes Bitcoin-Forward 🟠
Arizona just became the second U.S. state to launch a Strategic Bitcoin Reserve, transforming unclaimed state assets into Bitcoin and other digital stores of value — without touching taxpayer dollars. By passing HB 2749, the state is turning forgotten funds into a hedge against inflation and modernizing its treasury with a bold, budget-neutral play.

🔥 Metaplanet Hits 5,555 BTC 🔥
Tokyo-listed Metaplanet has officially crossed the 5,555 Bitcoin milestone after snapping up 555 BTC for $53.4M—now holding over $536M in BTC. The firm continues to fund its bold accumulation strategy through zero-coupon bonds and just launched a U.S. subsidiary aiming to raise $250M to tap American capital markets.

🇬🇧 The Smarter Web Company Stacks More Sats
UK-listed Smarter Web Company added 4.85 BTC at an average price of $94,903, bringing total holdings to 10.59 BTC. Running on a Bitcoin standard, the firm continues strengthening its treasury with disciplined, strategic buys.

📉 Samara Asset Group Launches Bitcoin CPI
Samara has unveiled the Bitcoin Consumer Price Index (BTCCPI)—a new inflation benchmark that measures the CPI basket in BTC, not fiat. It’s a powerful shift: instead of tracking rising prices with a shrinking fiat yardstick, treasuries can now benchmark value using sound money.

Tweet of The Week

Podcast of The Week

🟠 Strive Just Redefined Bitcoin Treasury Strategy

As Adam Livingston put it: “This marks the birth of an entirely new class of financial entity.”

Strive Asset Management’s bold announcement isn’t just another balance sheet allocation - it’s an evolution of the MicroStrategy model. With deep structural advantages, a multi-engine BTC accumulation framework, and public market agility, Strive is building the next-generation Bitcoin Treasury Company.

If you have questions about how Bitcoin could help you or your business, please don’t hesitate to reach out for a free 30-minute consultation 🕒. We're here to help you navigate the future of Bitcoin 💡

Thanks for reading! We hope you’ve enjoyed this week’s edition and look forward to seeing you next week! 👋

Daniel 

for Bitcoin on Balance

32 York Street, Sydney NSW 2000, Australia

https://www.bitcoinonbalance.com/