Strive Inc. has set up an at-the-market program to sell up to $1 billion of its 15% Series A Perpetual SATS Preferred Stock over time. The funds raised could be used for Bitcoin purchases, working capital, income-generating assets, or share repurchases, though no specific allocation for Bitcoin has been made yet. This follows an initial offering of 7 million SATS shares on Oct. 20. The preferred stock trades on Nasdaq under the ticker SATS and offers a 15% annual dividend. This new program allows Strive to raise additional capital flexibly to support its asset acquisition plans.
Strive Inc.'s $1 billion preferred share program is notable as a backdrop for cryptocurrency market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 26, 2026 20:21 WIB: out of 50 priced major cryptocurrencies, 29 rose and 18 fell today. Enjin Coin (ENJ) rose 3.56% to Rp458 with 99% buy order activity, Uniswap (UNI) gained 3.48% to Rp125,434 with 89% buy order activity, while VeChain (VET) fell 2.43% to Rp119 with 80% sell order activity.
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