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Strive buys 2,624 Bitcoin in a week, smashing its previous record with new preferred stock funding.

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

Strive, a Bitcoin asset manager, raised capital via its SATA preferred stock to purchase about 2,624 Bitcoin in one week, more than six times its prior weekly record. Daily purchases peaked at 490 BTC, exceeding Bitcoin's daily mining output. This boosted Strive's total holdings to around 16,500 BTC. The SATA stock offers a 13% variable dividend and behaves like a high-yield bond, supporting Strive's aggressive Bitcoin acquisition strategy and broader capital deployment in related financial products.

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