Breaking: Bitcoin Treasury Strive Announces $700M Upsized Stock IPO To Buy More BTC

Strive (ASST), a Bitcoin treasury firm, has raised its preferred stock sale to 7 million shares of preferred stock with gross proceeds of around $630 million. On October 15, the company sold 15% Series A Perpetual SATS Preferred Stock at $90 per share. This is an increased offering of 2 million shares, over the original offering. The deal is expected to close Oct. 20 on the usual terms.