Bitcoin News Update: Strive Leads the Way in Bitcoin Treasury Strategy Through Continuous Equity Offering
- Strive Inc. raised $149. 3M via an upsized SATA IPO, purchasing 1,567.2 Bitcoin at $103,315 each. - The offering, first to finance Bitcoin treasury entirely through perpetual preferred equity, mirrors MicroStrategy's strategy. - SATA stock will pay 12% annual dividends starting December 2025, potentially classified as tax-advantaged return-of-capital. - Backed by Vivek Ramaswamy, Strive's $2B-asset subsidiary and Bitcoin-focused strategy reflect institutional adoption trends. - The move underscores corpo
Strive Inc. (Nasdaq: ASST) has recently joined the growing list of companies adopting a corporate
This IPO establishes
Strive’s bold move to acquire more Bitcoin reflects a larger trend of institutional interest in digital assets. The company, supported by biotech entrepreneur Vivek Ramaswamy, has brought on a new Chief Investment Officer with a background in Bitcoin treasury management to further develop its digital asset strategy
The funds raised will also support general business needs, such as additional Bitcoin purchases, working capital, and possible acquisitions of related companies
Industry analysts observe that Strive’s tactics reflect a wider movement in corporate treasury practices, with Bitcoin increasingly seen as a safeguard against inflation and a reliable store of value
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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