Skip to main content
See every side of every news story
Published loading...Updated

Vivek Ramaswamy-Founded Strive Launches $500 Million Preferred Stock Offering With Proceeds Targeted To Acquire Bitcoin - Strive (NASDAQ:ASST)

Strive's $500 million stock offering aims to boost bitcoin holdings and support growth, with the preferred stock paying a 12% dividend, the company said.

  • Announcing from Dallas, Strive, Inc. entered a sales agreement to issue up to $500,000,000 of SATA via an ATM program to fund bitcoin purchases and corporate purposes.
  • Strive, the first publicly traded asset-management Bitcoin treasury company, holds about 7,525 bitcoin, is acquiring Semler Scientific, and ranks as the 14th-largest publicly traded bitcoin company.
  • Under the sales agreement, sales agents may sell SATA by Rule 415 ATM methods, with SATA trading around $91 and paying a 12% dividend.
  • In regulatory filings, Strive disclosed that it filed a Registration Statement on Form S-4 and the ATM sale is only offered pursuant to a prospectus supplement filed Dec. 09, 2025.
  • The company cautioned that forward-looking statements are based on assumptions and subject to risks, including Bitcoin volatility, Semler’s healthcare business, merger termination, legal proceedings, dilution, and integration challenges.
Insights by Ground AI

17 Articles

Strive announced that with its newly announced $500 million SATA sale, it aims to both increase its capital and buy more Bitcoin (BTC). Strive, which is traded on Nasdaq, announced on Tuesday that it aims to increase its capital and buy more Bitcoin with Variable… Nasdaq Company Aims to Buy More Bitcoin with $500 Million Sale…

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

stocktitan.net broke the news in on Tuesday, December 9, 2025.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal