Strive just closed an upsized $630M IPO for its SATS preferred stock ($608M net). - 7M shares sold at $90 (15% dividend on $100 par) - Zero debt on the balance sheet - Funds tagged for general corporate purposes, including buying more BTC At ~$82.5K/BTC, deploying the full net proceeds would net roughly 7,372 BTC: pushing Strive's stack from 36,818 to ~44,190 BTC and flipping Metaplanet. Strive has not disclosed the exact allocation yet, but that is a lot of dry powder.