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Strive buys over 460 Bitcoin in a week using SATA preferred stock proceeds, setting a new record.

Market News
21 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Strive, Inc. acquired more than 460 Bitcoin in a single week using funds raised from its SATA preferred stock offering, surpassing its previous weekly record of 371 Bitcoin. The company raised about $16.8 million through SATA, which carries a 13% annual dividend paid daily starting June 16, 2026. Strive now holds over 15,009 Bitcoin, maintaining a debt-free balance sheet and aiming to increase Bitcoin per share for shareholders without diluting common stock. The strategy depends on ongoing investor demand for SATA shares to fund Bitcoin purchases and cover dividend costs.

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