Bitcoin (BTC) Treasury News: Strive (ASST) Aims to Raise $500 Million with SATS Preferred Offering
The offering includes a $100 initial liquidation preference and redemption rights if outstanding shares fall below 25% or certain tax events occur.
6 Articles
6 Articles
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 conditions, it intends to conduct an initial public offering (the “offering”) registered under the Securities Act of…
ChainCatcher reports that Bitcoin treasury company Strive (ASST) has announced the initial public offering (IPO) of a new class of perpetual preferred stock, SATS, with a fixed dividend yield of 15%. The company plans to issue 5 million shares at $100 per share, raising a total of $500 million. The new shares have lower priority for redemption than Strive's existing perpetual preferred stock, SATA, which uses a floating dividend yield of 13%. Li…
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