Strive, Inc. uses its Variable Rate Series A Perpetual Preferred Stock (SATA) to buy Bitcoin without debt or heavy dilution. Since launching SATA in November 2025, the company has raised over $1 billion in notional value and purchased about 25,000 BTC worth over $145 million by issuing new shares when prices trade near par value. This method avoids debt risks and offers a new model for Bitcoin treasury management, differing from traditional convertible debt strategies. Strive's approach shows how preferred equity can sustainably fund large Bitcoin accumulations on public markets.
Strive preferred stock is noted in this context. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Sep 26, 2026 04:21 WIB: Among 50 major cryptocurrencies, 36 rose and 13 fell today. Chainlink (LINK) rose 4.64% to Rp246.855 with a typical hold time of 63 days and 79% buy orders. Aave (AAVE) increased 4.30% to Rp2.712.764 with a 105-day hold time and 73% buy orders. Solana (SOL) gained 4.04% to Rp2.169.267 with a 70-day hold time and 60% buy orders.
XBiotech announced positive final efficacy results from its phase II TASKIN trial for vilamakitug (XB2001) in refractory metastatic colorectal cancer. The study, funded by the French National Cancer Institute, showed a 61.3% overall survival rate at ...
XBiotech announced positive final results from the Phase II TASKIN study, showing that adding Vilamakitug (XB2001) to standard chemotherapy improved 12-month overall survival to 61.3% in patients with refractory metastatic colorectal cancer, surpassi...
Dorchester Minerals, L.P. has agreed to acquire mineral and royalty interests covering about 4,300 net royalty acres in three counties within North Dakota's Williston Basin. The deal involves a non-taxable contribution and exchange agreement with an ...
The Hershey Trust Company sold 1,512 common shares under a trading plan but kept voting control through Class B shares. Hershey will report Q3 earnings on October 29, with investors focused on how price increases affected Halloween-season demand. Q2 ...
W. R. Berkley reported mixed Q3 2026 results with earnings per share of $1.17 beating estimates, but revenue fell short at $3.74 billion versus $3.82 billion expected. The company saw premium growth with gross premiums up 3% and net premiums up 1%, s...
