Strive Raises $500M for Bitcoin Buying Spree
Update: 2025-12-10
Description
Strive, a Bitcoin-focused asset management firm, is raising $500 million via an at-the-market offering of its Variable Rate Series A Perpetual Preferred Stock (SATA). This stock offers a 12% dividend, yielding nearly 13%, and is similar to Strategys STRC. The funds will be used to buy more Bitcoin, signaling Strives long-term commitment to cryptocurrency.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
