ASST Stock Discussion (Strive, Inc.)

Strive establishes capacity to sell up to $1 billion of preferred shares

Strive ($ASST) entered a sales agreement allowing it to issue up to $1 billion of its 15% Series A Perpetual SATS preferred stock through an at-the-market program. This establishes financing capacity; it does not mean the company has already raised that amount. Sales would take place under a prospectus supplement to an existing registration statement. The permitted uses include bitcoin and related investments, working capital, income-producing assets, capital spending, acquisitions, preferred di

ASST

@tickerstat1 month ago

Strive reaches 25,000 bitcoin after a $36.6 million purchase

Strive ($ASST) purchased 469 bitcoin for approximately $36.6 million, taking its reported treasury to 25,000 BTC. The acquisition price averaged just under $78,000 per coin. Management said the capital raised during the reporting week came entirely through sales of its SATA perpetual preferred stock, rather than common-share issuance. SATA’s outstanding notional value has passed $1 billion. Strive reported an amplification ratio of 53.5%, defined as preferred equity and debt relative to bitcoin