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Strive Unveils $500M Stock Sale to Fund Bitcoin Buys
Yahoo Finance· 2025-12-10 14:05
Following the playbook pioneered by Strategy, investment firm Strive Inc. has initiated a $500 million stock offering to fund further Bitcoin acquisitions for its corporate treasury. The Vivek Ramaswamy-backed company announced the “at-the-market” sale of its new Variable Rate Series A Perpetual Preferred Stock, which will trade under the ticker symbol SATA. The offering will be conducted through major brokers, including Cantor Fitzgerald and Barclays, allowing Strive to sell shares gradually at prevail ...