Strive Issues 1.25M SATA Shares at 12% to Fund Bitcoin Buys

Published: 2025-11-04 00:53:34 |

Nasdaq-listed asset manager Strive plans to issue 1.25 million Series A Variable Rate Perpetual Preferred Shares (SATA) with a 12% annual dividend, paid monthly in cash. Co-led by Barclays and Cantor Fitzgerald and modeled on MicroStrategy’s preferred stock program, the offering aims to raise funds for Bitcoin acquisitions, income-generating assets, working capital and potential stock buybacks while limiting common-stock dilution. Strive currently holds nearly 6,000 BTC and expects to boost its treasury to about 11,000 BTC following its merger with Semler Scientific. By tapping high-yield SATA shares, Strive accelerates its aggressive Bitcoin accumulation strategy without diluting existing shareholders.

Bullish

This news is bullish for Bitcoin because Strive’s 12% SATA offering is explicitly designed to fund additional BTC purchases, increasing institutional demand. In the short term, the announcement may trigger speculation and heightened trading volume as traders anticipate fresh buy orders. Over the long term, boosting Strive’s crypto treasury from 6,000 to 11,000 BTC reinforces sustained demand and mirrors proven strategies like MicroStrategy’s, which have historically supported Bitcoin’s market strength.