[Strive Preferred Stock SATS Completes $630 Million IPO and Lists on Nasdaq, Funds to Be Used for Purchasing Bitcoin and Yield-Generating Assets] Odaily Planet Daily News: Strive announced that its newly issued preferred stock SATS has raised $630 million through an initial public offering (IPO) and is now listed on Nasdaq. The funds raised will be used to purchase more Bitcoin and yield-generating assets. The preferred stock has a fixed annualized dividend rate of 15%, paid daily, with the first dividend scheduled to be distributed on November 9.