Strive's Bitcoin Reserves Soar Past $1.96 Billion as SATA Preferred Stock Nears $1 Billion Milestone
Strive's aggressive accumulation strategy has propelled its Bitcoin reserves to 24,531 BTC, valued at approximately $1.96 billion.
The company's SATA preferred stock is nearing a $1 billion market capitalization, distributing daily dividends at a 13% annualized rate and consistently trading at or around its $100 par value.
ASST shares have surged over 100% in the past 30 days and gained 56% year-to-date, despite trading 90% below all-time highs.
The recent acquisition follows a 1,800 BTC purchase made two weeks prior, propelling Strive to the fifth position among Bitcoin treasury companies.