Strive | Crypto

The Bitcoin treasury company could acquire an estimated 7,372 BTC with its net proceeds, potentially surpassing Metaplanet’s holdings if it allocates the full amount. Strive, the Bitcoin treasury company led by chairman and CEO Matt Cole, closed its upsized initial public offering of SATS preferred stock on Oct. 20, raising $630 million gross, according to the company’s announcement. The company has not specified how much of the proceeds it will use to buy Bitcoin (BTC). Strive sold 7 million shares at $90 each. The company estimated net proceeds of $608.15 million after underwriting discounts, commissions and expenses, according to BitcoinTreasuries.net. In an SEC filing, Strive said it intended to use the funds for general corporate purposes, including Bitcoin purchases, working capital, income-generating assets, capital expenditures, share repurchases and acquisitions. Read more

The Bitcoin treasury company added another 1,223 BTC after an earlier purchase pushed it past MARA Holdings, while continuing to expand its reserves through equity financing. Bitcoin treasury company Strive purchased 4,045 Bitcoin for approximately $335 million last week, bringing its total holdings to 36,818 BTC as it continues to expand its cryptocurrency reserves through equity financing. The company acquired the Bitcoin (BTC) between Oct. 12-16 at an average price of $82,803 per coin, including fees and expenses, according to a Monday filing with the US Securities and Exchange Commission. Strive is now the fourth-largest publicly traded corporate BTC holder, ahead of MARA Holdings, with reserves valued at approximately $3 billion, according to data from BitcoinTreasuries.net. MARA was reported to be selling some of its holdings, as Arkham tracked wallets linked to the miner depositing about $82 million worth of the crypto into Binance and Gate in recent days. Read more

There's a Bitcoin company that's now offering investors a 15% annual dividend, paid in small installments every business day. While a 15% dividend is high enough to grab everyone's attention, the more revealing number is what buyers agreed to pay for it. On Oct. 15, Strive priced seven million shares of its new SATS preferred… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Strive added 3,311 BTC, but gross Bitcoin per effective common share increased just 1.72% as common and preferred share counts grew. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Strive is now the fifth-largest publicly traded corporate Bitcoin holder, with 32,773 BTC, as it continues to expand its treasury through equity financing. Strive, a publicly traded Bitcoin treasury company, increased its holdings by more than 11% last week as investors exercised $208 million in warrants, with Bitcoin purchases outpacing share issuance and giving existing shareholders greater exposure to the cryptocurrency. In a Tuesday filing with the US Securities and Exchange Commission, Strive disclosed that it purchased 3,311 Bitcoin (BTC) in the week ending Oct. 9 at an average price of approximately $84,500 per coin. The purchases brought its total holdings to 32,773 BTC, making it the fifth-largest publicly traded corporate Bitcoin holder, according to industry data. At last look on Tuesday, Bitcoin was trading hands at roughly $83,300 apiece, according to Yahoo Finance data. The Strive (ASST) share price was little changed at $27.52. Read more

The optional SATA ceiling is $215.3 million above October 2 cash, with no completed repurchases or dedicated funding source disclosed. The post Bitcoin treasury Strive risks cash reserve to fund $500M buyback and trim dividends appeared first on CryptoSlate.

Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency’s rebound helped corporate balance sheets recover losses. Strategy Inc., the largest corporate holder of Bitcoin, acquired 950 BTC for $75.7 million between Sept. 14 and Sept. 20 at an average price of $79,670, according to a regulatory filing […] The post Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade appeared first on CryptoSlate.

The new ASSX fund offers 2x daily exposure to Strive shares, giving traders a leveraged way to bet on the Bitcoin treasury company. REX Shares and Tuttle Capital Management launched a leveraged ETF that seeks to deliver twice the daily performance of Strive, a publicly traded Bitcoin treasury company and asset manager. The T-REX 2X Long ASST Daily Target ETF began trading Friday under the ticker ASSX on Cboe and seeks to deliver 200% of Strive’s daily share-price performance before fees and expenses. The fund resets its leverage daily, meaning returns over periods longer than one trading day can differ significantly from twice the performance of Strive shares. Unlike spot Bitcoin ETFs, ASSX does not hold Bitcoin or seek to track its price, instead providing leveraged exposure to Strive shares. Read more

Strive’s latest Bitcoin purchase was funded entirely through its SATA preferred stock as the company continues its rapid climb among corporate BTC holders. Strive, a top-five Bitcoin treasury company and asset manager, purchased 469 Bitcoin for about $36.6 million last week, bringing its holdings to 25,000 BTC. According to a Monday filing with the US Securities and Exchange Commission, Strive acquired the Bitcoin between Sept. 8 and Sept. 11 at an average price of $77,954 per BTC, including fees and expenses. The biggest crypto by market cap was last trading at $78,823, according to Coingecko data. Read more

At the current 13% rate, SATA payouts imply about $130 million annually, while higher cash keeps static coverage near 19 months. The post Strive adds $12 million to its dividend tab after issuing nearly one million new preferred shares to buy Bitcoin appeared first on CryptoSlate.

SATA’s 13% annualised dividend and resilience around par are helping Strive raise capital and outperform Strategy.

Strive’s latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifth-largest publicly traded corporate holder as crypto markets rebound. Strive, a publicly traded asset manager and Bitcoin treasury company, added 1,800 Bitcoin to its holdings last week, accelerating an accumulation strategy that has propelled it into the ranks of the world’s five biggest publicly traded corporate Bitcoin holders. The company purchased the Bitcoin (BTC) for approximately $143 million between Aug. 24 and Aug. 28, paying an average price of $79,431 per BTC, including fees and expenses. CEO Matt Cole confirmed the acquisition on Monday. The purchase brought Strive’s total holdings to 23,156 Bitcoin, up from 21,356 BTC a week earlier. As Cointelegraph reported, the company had purchased 1,110 BTC the previous week for roughly $81.5 million at an average price of $73,409 per coin. Read more

The same week added an estimated $5.74 million in annualized SATA dividends at Strive’s Aug. 10 variable rate. The post Strive bought 1,110 Bitcoin, but shareholders gained less than 2% real BTC yield appeared first on CryptoSlate.

Strive’s Nasdaq-traded shares surged more than 11% as the Bitcoin treasury company said it paid an average of $73,409 per BTC, pushing its holdings to 21,356 Bitcoin. Strive purchased 1,110 Bitcoin for about $81.5 million last week, bringing its total holdings to 21,356 BTC. According to a Monday filing with the US Securities and Exchange Commission, the company paid an average of $73,409 per Bitcoin (BTC), including fees and expenses, for purchases made between Aug. 17 and Aug. 21. Strive’s cash and cash equivalents rose by $17.1 million to $171.9 million over the period, while its Class A shares outstanding increased by 3.65 million to 79.89 million. Bitcoin was trading near $79,000 on Monday, about 8% above the average price Strive paid for its latest purchase. The purchase lifted Strive to the seventh-largest publicly traded corporate BTC holder, behind Bullish and ahead of SpaceX, according to BitcoinTreasuries.NET data. Its Nasdaq-traded ASST shares were up more than 11% in Monday morning trading, poise...

Bitcoin holdings rose 0.10%, while effective common shares increased 0.13% and trimmed gross per-share exposure by about 0.03%. The post Bitcoin treasury Strive bought 20 BTC, but 110,000 new shares left holders with less Bitcoin exposure appeared first on CryptoSlate.

Jan3 CEO Samson Mow says the recovery could signal renewed confidence in preferred-share products used by Bitcoin treasury companies. Strive’s SATA preferred shares have rebounded from a June low of $83.30 to about $97, recovering most of the selloff and moving back within roughly 3% of their $100 par value, according to Yahoo Finance data. Strive introduced SATA in November 2025 as part of its strategy to finance the expansion of its Bitcoin treasury through preferred equity. The variable-rate perpetual preferred stock is intended to trade near its $100 par value by adjusting its dividend rate, allowing Strive to raise capital for its Bitcoin (BTC) treasury without issuing additional common shares. SATA is one of a growing number of preferred-share products tied to Bitcoin treasury strategies, an emerging segment that companies such as Strategy describe as “digital credit.” Read more

A sharp selloff in digital credit products exposed growing pains in a young market, a Strive executive argues the underlying credit fundamentals remain intact.

ASST climbs 133% in three months as Strive grows holdings to 16,500 BTC and explores fresh capital raising options.

The company increased its holdings to 16,500 BTC as Bitcoin-linked preferred securities such as SATA and Strategy’s STRC gain traction in emerging “digital credit” markets. Strive purchased 1,109 Bitcoin between May 19 and May 22, increasing its holdings to 16,500 BTC, according to a Tuesday SEC filing. The company said it held about $93.3 million in cash and cash equivalents as of May 22, alongside roughly $50.1 million in fair value tied to its holdings of Strategy’s Stretch preferred stock product, STRC. The Dallas, Texas-based company also said it is evaluating refreshed at-the-market stock sale programs that could fund additional Bitcoin (BTC) purchases. Strive boosted its Class A common shares outstanding by more than 2.2 million shares during the period, while its SATA preferred stock count rose by about 515,000 shares, reflecting continued use of equity-linked financing tied to its Bitcoin treasury strategy. Read more

Strive reported a net loss of $265.9 million for Q1, which it attributed to the fall in market value of its Bitcoin holdings, but saw its shares on its move to pay SATA holders dividends every business day starting in June. Shares in Bitcoin-focused Strive closed 5.8% higher on Thursday after the company said it will become a “daily dividend company” and revealed it eliminated all debt in the first quarter of 2026.  The Vivek Ramaswamy-founded company said the Variable Rate Series A Perpetual Preferred Stock, ticker SATA, will start paying dividends every business day beginning June 16 at a current annual dividend rate of 13%. The payouts are funded by income generated from the company’s Bitcoin treasury strategy. Strive CEO Matt Cole said the move will make it the first public company to offer daily dividends, expanding on a similar playbook adopted by Michael Saylor’s Strategy, which has relied on perpetual preferred stock offerings such as Stretch (STRC) to fund its Bitcoin purchases while paying investors...