Strive Secures 578 BTC with Perpetual Preferred Stock Instrument
Strive, Inc. has successfully raised capital through its Variable Rate Series A Perpetual Preferred Stock (SATA) to purchase 578 Bitcoin at par value.
This achievement comes after 16 consecutive trading sessions where SATA traded at or above its $100 par value.
The SATA instrument pays a variable annualized dividend of approximately 13%, distributed daily on business days, and has been issued through an oversubscribed IPO in November 2025 and an at-the-market (ATM) program designed to maintain the share price between $99 and $101.
Strive's debt-free balance sheet and cash reserves have allowed it to cover dividend payments for 18 months, while maintaining a significant capital pipeline through the ATM program.