StocksMedium•16 October 2026•
1 min read
Strive Prices Upsized IPO of SATS Preferred Stock at $90 Per Share
Key Facts
1Strive priced its IPO of 7 million Series A Perpetual SATS Preferred shares at $90 per share.
2The offering size was upsized by 2 million shares over the previously announced amount.
Strive, Inc. priced its initial public offering of 7,000,000 Series A Perpetual SATS Preferred shares at $90 per share. GlobeNewswire reported that the offering size was upsized by 2 million shares over the previously announced amount as the company seeks to raise capital through the Nasdaq exchange.
ASST closed at $25.65 on October 15, 2026, having reached a day high of $25.77 and a low of $22.48 on the same date. The company intends to use the net proceeds for general corporate purposes, including the acquisition of bitcoin and bitcoin-related products, as well as for working capital and purchasing income-generating assets to grow the business.