Strive Prices SATS Preferred Stock at $90 to Fund Bitcoin Acquisitions

Key Facts

1Strive priced its SATS preferred stock offering at $90 per share.

2The company targets approximately $630 million in gross proceeds to fund Bitcoin acquisitions.

Strive priced its SATS preferred stock offering at $90 per share. According to CoinGape, the company targets approximately $630 million in gross proceeds to fund Bitcoin acquisitions and general corporate needs following a recent treasury expansion.

The capital raise supports the company's strategy of acquiring Bitcoin after a recent purchase of 3,311 BTC earlier this month. ASST closed at $24.09 on October 16, 2026, with the stock trading between a day low of $23.54 and a high of $25.32 during that session.