Strive disclosed buying 4,045 Bitcoin over two weeks, lifting holdings to 36,818 BTC, as its warrants fully cleared and a new $700M SATS offering priced.
The company has announced three major acquisitions in the past 8 days alone.
Strive priced 7 million SATS preferred shares at $90 each to raise about $630 million, with proceeds earmarked for Bitcoin purchases and other business needs.
The $100 dividend base implies a 16.7% simple annual yield at the offer price, above SATA's initial 15%.... Read the full story at The Defiant
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