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Strive launches $1B at-the-market program to issue preferred stock for bitcoin and business growth.

Company Fundamentals
26 Oct 2026, 15:16 WIB
GlobeNewsWire
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Neutral
Strive launches $1B at-the-market program to issue preferred stock for bitcoin and business growth.

Strive, Inc. announced a $1 billion at-the-market (ATM) program to issue its 15% Series A Perpetual SATS Preferred Stock. The proceeds will fund bitcoin acquisitions, business growth, working capital, share repurchases, dividends, and potential acquisitions. This move supports Strive's strategy of using bitcoin as a benchmark for capital deployment to maximize long-term shareholder value. The offering is registered with the SEC and will be sold through sales agents under applicable securities laws.

Strive's announcement of a $1.0 billion at-the-market program to issue 15% Series A Perpetual SATS Preferred Stock provides context for readers. For readers following Financials-sector stocks on Pluang, here is the market snapshot as of Oct 26, 2026 18:11 WIB: out of 142 priced stocks, 64 rose and 42 fell. Notable movers include AVAT at USD 1.18 with a 1-day change of -4.45% and a typical hold time of 14 days, CRCL at USD 82.75 down 3.68% with a 7-day hold, and SAN at USD 12.37 down 3.66% with a 56-day hold time.

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