Strive Expands Bitcoin Treasury While Growing SATA Preferred Shares
Cointelegraph
Strive has increased its Bitcoin holdings to 16,500 BTC while expanding its yield-bearing SATA preferred stock product.Summary
Asset manager Strive has bolstered its Bitcoin treasury by purchasing 1,109 BTC, bringing its total holdings to 16,500 BTC, currently valued at approximately $1.3 billion. The firm is leveraging equity-linked financing to support these acquisitions, alongside the growth of its SATA preferred shares, which offer a 13% annualized daily dividend. Strive, founded by Vivek Ramaswamy, is positioning itself among the top corporate Bitcoin holders and contributing to the emerging sector of “digital credit” products tied to Bitcoin treasury strategies.
(Source：Cointelegraph)