星球日报|Dec 10, 2025 00:53
[Bitcoin Treasury Company Strive Announces $500 Million SATA Stock 'At-The-Market' Offering Plan]
Odaily Planet Daily News – Asset management and Bitcoin treasury company Strive has announced the launch of an At-The-Market (ATM) offering plan for Variable Rate Series A Perpetual Preferred Stock (SATA) with a maximum scale of $500 million. This plan allows the company to sell SATA stock in batches on the open market as needed. The funds raised will be used for acquiring Bitcoin and related assets, business expansion, operating capital, repurchasing common stock, capital expenditures, and potential mergers and acquisitions. Strive stated that the sale of SATA stock will be conducted in accordance with the previously effective automatic registration statement and the latest submitted prospectus. As the world's first publicly listed Bitcoin treasury asset management company, Strive held approximately 7,525 Bitcoins as of November 2025, and its asset management subsidiary currently manages over $2 billion in assets. (globenewswire)
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