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Strive raises funds via preferred stock to buy 191 Bitcoin, hitting fastest pace since May 2026.

Market News
24 Aug 2026
Crypto Briefing
View Source
Bullish
Strive raises funds via preferred stock to buy 191 Bitcoin, hitting fastest pace since May 2026.

Strive, Inc. has raised capital through its SATA preferred stock to purchase 191 Bitcoin, marking its highest three-day fundraising pace since May 2026. The company uses a variable rate preferred stock with a 13% annual dividend, allowing it to issue shares above par value and use the proceeds to buy Bitcoin. This method avoids debt maturity risks and provides investors with a yield-generating way to gain indirect Bitcoin exposure. The recent fundraising surge suggests strong investor demand and an accelerating Bitcoin acquisition program for Strive.

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Roche's vamikibart shows sustained vision improvement in uveitic macular edema, FDA decision expected by July 2027

Roche's vamikibart shows sustained vision improvement in uveitic macular edema, FDA decision expected by July 2027

Roche announced positive one-year Phase III trial results for vamikibart, an investigational non-steroid treatment for uveitic macular edema (UME), showing sustained vision improvement and reduced macular swelling. The FDA has accepted Roche's Biolog...

Market News
Bullish
1 hour ago
Southern Company restores power to 420,000 customers after Hurricane Isaias using AI and mutual aid.

Southern Company restores power to 420,000 customers after Hurricane Isaias using AI and mutual aid.

Southern Company has restored power to about 420,000 customers across Alabama, Georgia, and Mississippi after Hurricane Isaias, with around 80,000 outages remaining mainly in Alabama. The company used advanced storm intelligence technologies, includi...

Market News
Bullish
4 hours ago
SUI token jumps 54% in four weeks, outperforming Bitcoin and Ether

SUI token jumps 54% in four weeks, outperforming Bitcoin and Ether

The SUI token surged by 54% over the past four weeks, significantly outperforming major cryptocurrencies Bitcoin and Ether during the same period. This strong performance highlights growing investor interest in SUI compared to more established digita...

Market News
Bullish
4 hours ago
Bitcoin price dips 7.59% early October but remains bullish; short-term caution advised amid market stress.

Bitcoin price dips 7.59% early October but remains bullish; short-term caution advised amid market stress.

Bitcoin's price fell 7.59% from $87,000 to $80,393 between October 5-8 but has since rebounded to $82,800. Despite a generally bullish longer-term trend, market indicators like elevated stress levels and net Bitcoin inflows to exchanges suggest cauti...

Technical Signals
Neutral
4 hours ago
Bitcoin could grow to a $30 trillion asset by following gold's market expansion, says Bitwise CIO.

Bitcoin could grow to a $30 trillion asset by following gold's market expansion, says Bitwise CIO.

Matt Hougan, CIO of Bitwise Asset Management, suggests Bitcoin could reach a $30 trillion market value by following a growth path similar to gold's expansion after its ETF launch. He highlights that institutional access via ETFs, which started in 202...

Market News
Bullish
4 hours ago
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