WuTalk has learned that Strive announced an expansion of its SATS 15% Series A perpetual preferred stock IPO by 2 million shares, bringing the total to 7 million shares. The offering price is $90 per share, with an expected total fundraising amount of approximately $630 million, before deducting underwriting discounts, commissions, and issuance expenses. The issuance and sale are expected to close on October 20. The funds raised will be used for purchasing Bitcoin and related products, working capital, acquiring income-generating assets, capital expenditures, stock buybacks, and potential business acquisitions. https://(wublock123.com)/news/strive-expands-sats-preferred-share-ipo-to-7m-shares-raises-630m-70183