Strive Announces $1.0 Billion SATS At-The-Market Program

Strive, Inc. launched an at-the-market program allowing it to sell up to $1.0 billion of its 15.00% Series A Perpetual SATS Preferred Stock. Proceeds are earmarked for general corporate purposes, primarily bitcoin acquisition, working capital, potential buybacks of common or SATA preferred stock, dividends, debt repayment, or acquisitions. The ATM creates a standing dilution overhang across ASST, SATA, and SATS classes, but gives the company flexible, non-time-pressured access to capital.

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