Core Insights - Strive, Inc. successfully closed its initial public offering of 2,000,000 shares of Variable Rate Series A Perpetual Preferred Stock (SATA Stock) at a price of $80 per share, with trading expected to begin on Nasdaq under the ticker symbol "SATA" [1][2] - The IPO was upsized from an initial target of 1.25 million shares due to strong investor demand, despite Bitcoin's recent dip below $100,000 [1][2] - The proceeds from the offering will be used for Bitcoin accumulation and general corporate purposes, including working capital [1][6] Company Overview - Strive is the first Bitcoin treasury company to finance its Bitcoin amplification exclusively through perpetual preferred equity, and the second overall to issue a publicly traded perpetual preferred equity security [2] - The company holds approximately 7,525 Bitcoin as of November 10, 2025, having acquired 1,567 Bitcoin at an average price of $103,315 [6][7] - Strive has grown to manage over $2 billion in assets since launching its first ETF in August 2022 [7] Financial Structure - The SATA Stock features cumulative dividends at a variable rate, initially set at 12%, payable monthly when declared [2][3] - The initial liquidation preference for the SATA Stock is $100 per share, with regular dividends payable on the 15th of each month starting December 15, 2025 [2][3] - The company aims to maintain the trading price of SATA Stock within a long-term range of $95 to $105 per share [3] Strategic Focus - Strive emphasizes a disciplined approach to its capital structure, applying advanced risk controls to its Bitcoin-based balance sheet [3] - The company intends to align traditional finance principles with the future of digital capital through its innovative financial instruments [3]

Financial Data and Key Metrics Changes - Total revenue surged 568% year over year to $23.6 million in Q3 2025, driven by IMA's 76% quarter-to-quarter growth [9] - Adjusted EBITDA loss improved from $6.5 million in Q1 to $2.1 million in Q3, indicating operational leverage and a clear path to profitability [12][17] - Cash increased to approximately $82 million and Bitcoin holdings valued at around $40 million, resulting in total liquidity of about $120 million with zero debt [7][18] Business Line Data and Key Metrics Changes - IMA achieved $100 million annual recurring revenue (ARR) in the last 11 months, with projections to reach $300 million ARR by the end of 2026 [6] - Subscription rate for IMA stands at 80%, with an average order value increasing by 36% quarter over quarter to $150 [10][11] - Gross margin improved to 60% from 52%, reflecting enhanced profitability [10] Market Data and Key Metrics Changes - International markets now account for 56.5% of total revenue, with the U.S. being the top market followed by Canada, the U.K., Australia, and Singapore [10] - IMA has achieved over 420,000 customer purchases across 31 countries, indicating strong global demand [9] Company Strategy and Development Direction - The company aims to create a new category at the intersection of health and wealth, targeting $1 billion in annual revenue by 2030 [6] - A strategic divestment of non-core assets is underway to focus resources on IMA, the highest margin growth engine [14] - The company is leveraging partnerships with high-profile individuals to enhance brand visibility and credibility [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving $180-$200 million in revenue for 2026, driven by international expansion and new product launches [18] - The company is strategically choosing to scale aggressively rather than prioritize short-term profitability, aiming to capture maximum market share [18] Other Important Information - The company has initiated a Bitcoin accumulation strategy, purchasing one Bitcoin daily since August 1, which is part of a sustainable framework to build shareholder value [8] - The recent $44 million funding round attracted notable investors, enhancing the company's financial position [6] Q&A Session Summary Question: Impressive payback period of 3.9 months - Management explained that the payback period has improved from four to five months at launch to 3.9 months now, indicating marketing efficiencies and strong unit economics [19][20] Question: Strong growth in international markets - Management noted that the U.S. market share has decreased from 70% to 46.5%, with significant growth observed in Canada, Europe, the Middle East, and Southeast Asia [21] Question: Need for additional capital for expansion - Management stated that with current liquidity, there is no expectation of needing new capital for expansion, emphasizing operational flexibility from recent fundraising [22][24]

RT Bitcoin For Corporations (@BitcoinForCorps)📺 The Bitcoin For Corporations ShowEpisode 20 now live — hosted by @BitcoinPierreGarry Krugljakow (@GarryKrug), CEO of @aifinyo, joins to break down how the publicly listed German firm is integrating #Bitcoin into its balance sheet strategy — taking advantage of Germany’s favorable tax treatment and rising corporate demand.00:00 — Intro: Germany’s Bitcoin Moment01:25 — Garry Krugljakow: Background & Early BTC Views02:58 — Why Institutions Are Adopting Bitcoin05: ...

🚨UPDATE: ADAM BACK AND SWITZERLAND’S FUTURE SECURE 28 MILLION SWISS FRANCS TO ESTABLISH A $BTC TREASURY ~ COINDESK ...

~ October Revenue Grew 32% MoM and on Track to hit $10 Million in Monthly Revenue by December 2025 ~ CHARLOTTE, N.C., Nov. 04, 2025 (GLOBE NEWSWIRE) -- Prenetics Global Limited (Nasdaq: PRE) (“Prenetics”), a leading health sciences company and parent of the IM8 premium health and longevity brand, today announced a record breaking month for IM8 in October, reaching approximately $108 million in annualized recurring revenue (ARR) just 11 months after its commercial launch. Building on the momentum from last w ...

Michael Saylor-led business intelligence and software firm Strategy Inc has purchased an additional 397 Bitcoin . This takes its total holdings to 641,205 BTC, valued at roughly $69 billion based on the current value of the flagship cryptocurrency. Strategy Sees 13th Consecutive Bitcoin Acquisition Streak The new acquisition marks the firm’s 13th consecutive acquisition streak this year and was worth $45.6 million. For context, each coin in this acquisition was acquired at $114,711. Strategy’s entire hol ...

Bitcoin has long been a controversial topic on Wall Street. And as a small but vocal number of publicly listed companies race to amass as much as they can, it’s dividing traditional financiers more than ever before. MicroStrategy (now known as Strategy) was ahead of the curve when it began adding BTC to its balance sheet in 2020. Its aggressive purchases have mainly been funded by debt. With Bitcoin rallying by close to 700% over five years, the firm’s now sitting on billions of dollars in unrealized profit ...

Michael Saylor's Strategy (NASDAQ: MSTR) reported another blockbuster quarter. The company released its third-quarter earnings after market close on Oct. 30 with net income soaring to $2.8 billion. Its diluted earnings per share (EPS) were $8.42, beating analyst expectations of $8.15. Its Bitcoin (BTC) holding also increased to 640,808 BTC Here are the five key takeaways from the earnings call that took place at 5 PM ET on the same day: Bitcoin holdings increased Strategy solidified its dominance as th ...

Core Insights - Prenetics Global Limited has acquired 100 Bitcoin at an average price of $109,594 per Bitcoin, increasing its total Bitcoin holdings to 378 BTC valued at approximately $46 million [1][10] - The acquisition is part of a strategic capital deployment following a successful $44 million equity offering, which was oversubscribed and attracted high-quality strategic investors [2][3] - The company maintains a strong balance sheet with $127 million in total liquidity, consisting of $86 million in cash and $41 million in Bitcoin holdings, while having zero debt [4] Financial Performance - Prenetics' IM8 supplement brand has achieved $100 million in annual recurring revenue within just 11 months of launch, marking the fastest growth in the global supplements industry [5][9] - The company has provided FY2026 revenue guidance for IM8, expecting revenues between $180 million and $200 million [6] Strategic Vision - The CEO's manifesto outlines a vision for a "health-and-wealth" platform, combining growth in the wellness market with strategic Bitcoin accumulation, aiming to create unprecedented shareholder value [7] - Prenetics is recognized as the first consumer health company to establish a Bitcoin Treasury, reinforcing its position at the intersection of health innovation and digital assets [10]

TYSONS CORNER, Va.--(BUSINESS WIRE)--Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR) ("Strategy†or the "Company†), the largest corporate holder of bitcoin and the world's first Bitcoin Treasury Company, today announces financial results for the three-month period ended September 30, 2025 (the third quarter of its 2025 fiscal year). "In the third quarter and into October, Strategy continued to strengthen its position as the world's leading Bitcoin Treasury Company. We increased our bitcoin hold. ...