Strive Announces Nasdaq Listing of SATA and Closing of Oversubscribed & Upsized IPO
View original at globenewswire.comStrive Announces Nasdaq Listing of SATA and Closing of Oversubscribed & Upsized IPO Strive has acquired 1,567 Bitcoin at an average price of $103,315 and holds 7,525 Bitcoin as of November 10, 2025.The company expects the dividends for SATA to be return of capital (ROC) dividends, enhancing its after-tax yield potentia…
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The successful IPO of the SATA Stock makes Strive the first Bitcoin treasury company to finance its Bitcoin amplification exclusively through perpetual preferred equity, and the second overall, after Strategy, to issue a publicly traded perpetual preferred equity security
80% confidenceStrive has quickly shown the market both the speed and the precision the team operates with to drive long-term value to shareholders, with Bitcoin as the hurdle rate
80% confidenceBitcoin's maturation as a scarce, liquid, and transparent asset makes it an incredible foundation for a disciplined long duration risk conscious yield instrument
80% confidenceThe company expects the dividends for SATA to be return of capital (ROC) dividends, enhancing its after-tax yield potential
80% confidenceBy introducing a variable-rate dividend security initially set at 12% and payable monthly when declared, Strive is providing investors with an attractive yield opportunity
80% confidenceStrive is focused on increasing Bitcoin per share to outperform Bitcoin over the long run
80% confidenceStrive intends to actively manage the dividend and issuance rate with the goal of maintaining SATA Stock's trading price within its stated long-term range of $95 and $105 per share
80% confidence