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Reading: Weekend Round-Up: Bitcoin’s Rollercoaster Ride, Trump’s Crypto Influence And A $37 Million Investment In Strive
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Blockchain

Weekend Round-Up: Bitcoin’s Rollercoaster Ride, Trump’s Crypto Influence And A $37 Million Investment In Strive

Last updated: November 16, 2025 8:30 pm
Published: 5 months ago
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Enter your email to get Benzinga’s ultimate morning update: The PreMarket Activity Newsletter

The past week has been a whirlwind of activity in the world of Bitcoin. From a significant investment in a Bitcoin-focused treasury firm to the ongoing debate about the cryptocurrency’s future, the week was filled with noteworthy developments.

Here’s a quick recap of the top stories that made headlines.

Strive Secures $37 Million Investment

Strive, Inc., a Bitcoin-focused treasury firm founded by Vivek Ramaswamy, attracted a $37 million investment from the Healthcare of Ontario Pension Plan Trust Fund. The Canada-based pension fund now holds 14,814,815 shares of Strive, representing 6.4% of all Class A common stock of the company.

Read the full article here.

Peter Schiff Challenges Bitcoin Holders

Renowned economist Peter Schiff stirred up a debate among Bitcoin supporters by asking them how low Bitcoin must drop before they admit he was right about its instability. Schiff’s poll offered four options, with a majority of respondents choosing 0.

Read the full article here.

See Also: Peter Schiff: Bitcoin Depends On ‘Growing Supply Of Fools’ — And Technical Analysis Says He’s Not Wrong

Tim Draper’s Bitcoin Predictions

Venture capitalist Tim Draper reiterated his belief in the Bitcoin network’s potential to replace traditional banking and government systems. He noted a “gravitational pull back toward Bitcoin,” with many engineers building on the Bitcoin blockchain.

Read the full article here.

Trump’s Influence On Bitcoin

Bitcoin’s future may face a significant test in 2028 when President Donald Trump’s pro-crypto administration ends. Polls in 2025 showed that 73% of U.S. crypto investors backed his digital asset policies, indicating a strong connection between Trump’s leadership and crypto sentiment.

Read the full article here.

Eric Trump Defends Bitcoin

Eric Trump defended Bitcoin’s long-term performance, stating that its growth outshines every major asset class despite short-term volatility. He noted that Bitcoin is up 180% in two years and has been the best-performing asset of the past decade.

Read the full article here.

Read Next:

SEC Chair Paul Atkins Outlines ‘Token Taxonomy’ Plan In Effort To Clarify Crypto Regulation

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Market News and Data brought to you by Benzinga APIs

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