Bitcoin Treasuries: Ontario Healthcare Pension Fund Buys 14.8 Million Shares of Strive (ASST) Worth $13 Million

COINOTAG News, December 23, citing BitcoinTreasuries, reports that the Ontario Healthcare Pension Fund—one of Canada’s largest public pension plans, with about $90 billion under management—has expanded its crypto exposure via Strive (ASST), described as a Bitcoin treasury company. The fund executed a purchase of 14.8 million Strive shares valued at approximately $13 million, a move that underscores institutional investment in crypto-backed liquidity assets and crypto infrastructure. This stake signals a strategic shift toward regulated crypto exposure among major pension programs.

Market watchers note that Strive operates as a listed issuer linked to Bitcoin custody and treasury strategies, inviting scrutiny of governance, custody standards, and disclosure practices. While the size is material, the investment remains a portion of the pension fund’s broader portfolio, suggesting a measured approach to institutional crypto allocation and a potential tilt in sentiment toward blockchain infrastructure equities.