Strive's SATA Preferred Shares Fuel Bitcoin Buying Spree

Strive's SATA perpetual preferred shares have generated enough funding to buy 1,192 Bitcoin, according to data from BitcoinTreasuries.NET. This estimate is based on an algorithmic model tracking Strive's at-the-market equity offering program, which shows a potential purchasing power of $93 million to $95 million between August 24 and 28, 2026. During this period, Bitcoin traded between $78,000 and $80,000.

Strive held 21,356 BTC on its corporate balance sheet as of August 21, 2026, representing a 184% increase from the initial baseline of 7,525 BTC in November 2025. The company's executive leadership emphasizes that this approach aims to maintain an unencumbered treasury with no debt secured by cryptocurrency holdings.

The Variable Rate Series A Perpetual Preferred Stock trades under the ticker SATA on the Nasdaq, carrying a $100 liquidation preference per share and an annualized dividend rate of 13% on par value. Market reports state that distributions are paid on each business day declared by the board of directors. Whenever the security trades above $100, the placement facility resumes.