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    Home»Strive raises funds to buy 191 more BTC through SATA preferred stock
    August 24, 20260 Views

    Strive raises funds to buy 191 more BTC through SATA preferred stock

    EditorBy EditorAugust 24, 2026No Comments1 Min Read
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    FEED Bitcoin Coinness 5 hours ago August 24, 2026 10:37 pm 1 views

    Strive has raised funds to purchase an additional 191 BTC through the issuance of perpetual preferred stock, SATA, Crypto Briefing reported. Under the structure, the company uses an at-the-market share sale program to issue new shares when SATA trades above its $100 par value, then uses the premium proceeds to continue buying Bitcoin. Strive announced last week that it had purchased an additional 1,110 BTC, bringing its total holdings to 21,356 BTC.

    Source: Coinness

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    Original source Coinness https://coinness.com/en/news/1166620
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