Strive, Inc. has surpassed $10 million in proceeds from its at-the-market preferred stock program, converted into over 130 bitcoins. The funds come from SATA (Variable Rate Series A Perpetual Preferred Stock), listed on NASDAQ and offering a 13% annualized dividend. This structure is entirely equity-financed, with no debt or bond obligations, eliminating the risk of forced liquidation if bitcoin prices drop. The company held a total of 21,356 bitcoins by late August 2026, including a purchase of 1,110 units made between August 17 and 21 at an average cost of approximately $73,409 per coin. The SATA program, authorized at $500 million in December 2025, is only activated when the shares trade at or above their $100 par value.
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