Strive raises capital to acquire 578 Bitcoin through its SATA preferred stock instrument

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Strive, Inc. (NASDAQ: ASST) has raised approximately $999.5 million through its SATA perpetual preferred stock to acquire 578 Bitcoin, after 16 consecutive trading sessions at par value. The company maintains a debt-free balance sheet with 18 months of dividend reserves. In its most recent transaction, Strive purchased 1,375 BTC for approximately $109 million between August 31 and September 4, 2026, pushing total holdings to 24,531 BTC. Nearly 70% of this acquisition, about $92.2 million, came from SATA-related funding through the issuance of 921,511 new shares, with the remaining from other operational capital, keeping leverage at zero.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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