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Strive aims to raise $55M via SATA stock to buy about 638 Bitcoin, expanding its BTC holdings.

Protocol Fundamentals
10 Oct 2026
Tokenpost
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Bullish
Strive aims to raise $55M via SATA stock to buy about 638 Bitcoin, expanding its BTC holdings.

Strive plans to raise approximately $55 million through its SATA preferred stock offering, which could buy around 638 Bitcoin at about $82,800 each. The SATA stock saw $317 million in trading volume the week ending Oct. 5, trading above face value early in the week before dropping below it, causing Strive to pause issuance. As of Oct. 2, Strive held nearly 29,462 BTC and recently added 2,000 BTC at an average price of $84,422. The final Bitcoin purchase amount from the new offering will be confirmed in upcoming reports, indicating a potential further expansion of Strive's Bitcoin treasury strategy.

Strive's SATA preferred stock saw $317 million in trading volume the week ending Oct. 5. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 10, 2026 17:41 WIB: of 50 major cryptocurrencies priced on Pluang, 33 rose and 16 fell today. Notable movers include SNX (Synthetix) up 4.26% at Rp4.356 with a typical hold time of 70 days and a near-even buy/sell split, ONE (Harmony) down 4.20% at Rp37 with a typical hold time of 152 days and 90% buy activity, and AAVE (Aave) up 4.01% at Rp3.101.580 with a typical hold time of 105 days and 62% sell activity.

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