Bitcoin (BTC) treasury news: Strive (ASST) aims to raise $500 million with SATS preferred offering

Strive Is Paying 15% to Buy Bitcoin While Strategy Buys Back Its 12% Stock

Strive SATS, a new 15% fixed-rate preferred, arrives in the same week Strategy spent $192.4 million buying back its 12% STRC. Memeburn breaks down why both companies can sell credit only one day in four, what SATS has to earn, and how far Strive sits from its own leverage target.

Strive Eyes About $630 Million in Upsized Sale of a New Fixed-Rate Preferred Stock

The bitcoin treasury company priced 7 million shares of its 15% SATS preferred at $90, 2 million more than planned and below the $100 stated amount its dividend is based on.

Bitcoin (BTC) treasury news: Strive (ASST) aims to raise $500 million with SATS preferred offering

SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).

Strive Announces Proposed Initial Public Offering of SATS Stock

DALLAS, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST) (“Strive” or the “Company”) today announced that, subject to market and other...

Bitcoin Firm Strive Launches SATS Stock With 15% Dividend After Raising $630M - Invest In Crypto News

Key Takeaways Strive raised $630 million through its SATS preferred stock offering, priced at $90 per share.SATS carries a 15% annual dividend rate, with Strive planning daily business-day cash payments.Strive holds 36,818 BTC, while its SATA preferred stock ranks ahead of SATS in the capital structure. Strive Raises $630 Million With New SATS Preferred Stock […]

Strive Raises $630M in SATS Nasdaq Debut With 15% Dividend Tied to Bitcoin Strategy

Key Takeaways: Strive successfully closed an IPO of an upsized $630 million, in its perpetual preferred stock. SATS pays 1.5% compounded on a $100 stated value, payable on each business