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Strive raised $85.88M via SATA preferred stock sales, potentially buying 1,002 Bitcoin in three days.

Market News
24 Sep 2026
Crypto news
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Bullish
Strive raised $85.88M via SATA preferred stock sales, potentially buying 1,002 Bitcoin in three days.

Strive generated an estimated $85.88 million from selling SATA preferred stock over three trading days (Sep 21-23), which could buy about 1,002 Bitcoin based on Bitcoin prices during that period. This estimate is based on trading data and not confirmed purchases; Strive's next SEC filing will clarify actual Bitcoin acquisitions. Previously, Strive held 26,355 BTC after recent purchases funded partly by SATA proceeds. Meanwhile, Strategy bought 950 BTC and repurchased shares using cash, showing different capital use strategies between the two companies.

Strive's recent $86M SATA raise is context for readers following cryptocurrency markets. As of Sep 25, 2026 03:01 WIB, 44 of 50 major cryptocurrencies on Pluang rose while 5 fell. Notable movers include LINK at Rp236.781 (+8.45%), EOS at Rp12.649 (+8.13%), and CRV at Rp6.288 (+8.06%).

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