The optional SATA ceiling is $215.3 million above October 2 cash, with no completed repurchases or dedicated funding source disclosed.
The post Bitcoin treasury Strive risks cash reserve to fund $500M buyback and trim dividends appeared first on...
MicroStrategy Executive Chairman Michael Saylor says he wants rival Strive to succeed. He made the case in an essay on X on Wednesday.
Strive is a smaller company that also buys Bitcoin (BTC). MicroStrategy holds more of the asset than any other...
Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency’s rebound helped corporate balance sheets recover losses. Strategy Inc., the largest corporate holder of Bitcoin, acquired 950 BTC for...
At the current 13% rate, SATA payouts imply about $130 million annually, while higher cash keeps static coverage near 19 months.
The post Strive adds $12 million to its dividend tab after issuing nearly one million new preferred shares to buy...
BitcoinWorld
Strive May Have Raised Funds to Acquire 1,192 BTC via SATA Perpetual Preferred Stock
Strive (ASST) may have raised funds to purchase 1,192 Bitcoin this week through the issuance of its perpetual preferred stock, SATA, according to an...
The same week added an estimated $5.74 million in annualized SATA dividends at Strive’s Aug. 10 variable rate.
The post Strive bought 1,110 Bitcoin, but shareholders gained less than 2% real BTC yield appeared first on CryptoSlate.
BitcoinWorld
Strive’s SATA Preferred Stock Raises Enough in One Hour to Buy 75 BTC
Strive Asset Management’s perpetual preferred stock, SATA, has demonstrated significant investor demand, raising enough capital within the first hour of trading to...
BitcoinWorld
Strive Expands Bitcoin Treasury to 21,356 BTC After Raising Funds via SATA Preferred Stock
Strive, an asset management firm led by Vivek Ramaswamy, has raised additional capital to purchase 191 more Bitcoin through its perpetual...
