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Strive plans IPO of 5M shares of 15% Series A Perpetual SATS Preferred Stock to fund bitcoin and business growth.

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13 Oct 2026
GlobeNewsWire
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Strive plans IPO of 5M shares of 15% Series A Perpetual SATS Preferred Stock to fund bitcoin and business growth.

Strive, Inc. announced its intention to conduct an initial public offering of 5 million shares of its 15% Series A Perpetual SATS Preferred Stock. The company plans to use the proceeds for general corporate purposes, including acquiring bitcoin and related products, expanding its business through income-generating assets, and potential share repurchases. The SATS Stock offers cumulative dividends at 15% annually and includes provisions for redemption and repurchase under certain conditions. This move aligns with Strive's strategy to maximize long-term value and compound purchasing power with bitcoin as a capital deployment benchmark.

Strive's proposed IPO of 5 million shares of its 15% Series A Perpetual SATS Preferred Stock is announced as context. For readers following US stocks on Pluang, here is the market snapshot as of Oct 14, 2026 03:12 WIB: out of 150 priced US stocks, 71 rose and 75 fell. Notable movers include MU (Micron Technology, Inc.) at USD 954.00 with a 1-day change of -3.54% and Pluang order activity of 33% Sell / 67% Buy, HPQ (HP Inc) at USD 30.92 with +3.52% change and 100% Sell activity, and CAT (Caterpillar Inc) at USD 773.87 with -3.19% change and 54% Sell / 46% Buy activity.

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