Vivek Ramaswamy-Founded Strive Launches $500 Million Preferred Stock Offering With Proceeds Targeted To Acquire Bitcoin
Posted On December 11, 2025
Strive Inc. (NASDAQ:ASST) announced on Wednesday an at-the-market offering to issue up to $500 million of its Variable Rate Series A Perpetual Preferred Stock (NASDAQ:SATA).
Move Meant To Bolster Bitcoin Treasury?
Strive intends to allocate the net proceeds from the offering towards general corporate purposes. These encompass the purchase of Bitcoin (CRYPTO: BTC) and Bitcoin-related products, working capital and the acquisition of “income-generating assets” to broaden the …
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