▲ Bullish
Strive (NASDAQ: ASST) has upsized its SATS Preferred Stock offering to $630 million, indicating a strong commitment to capital deployment and treasury expansion.
The offering includes 7 million shares priced at $90 each, with a 15% annual dividend on a stated value of $100 and an indicative yield of 16.67%.
Strive currently holds 35,595 BTC, and this capital injection is expected to facilitate further expansion of its Bitcoin reserves.
Reporting aggregated and summarized by CLOM — research & education, not financial advice.