STRIVE UPSIZES $630M BITCOIN OFFERING: A BOLD STEP TOWARD GROWING ITS $BTC RESERVES?
Strive (NASDAQ: $ASST) has expanded its $SATS Preferred Stock offering to $630 million, highlighting its commitment to raising capital and growing its treasury.
▪️ 7 million shares priced at $90 each
▪️ 15% annual dividend on a $100 stated value
▪️ Indicative yield of 16.67% at the offering price
₿ A CATALYST FOR TREASURY GROWTH
Strive currently holds 35,595 BTC. The new capital could help the company expand its Bitcoin reserves, though the offering also allows for other uses.
Could Strive become a major player in the corporate Bitcoin treasury market?
Post #15354
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