✉news BusinessCrypto first seen 4 d ago, last 4 d ago, peak #2
Strive seeks $500 million for bitcoin treasury via SATS preferred offering
Original: Bitcoin (BTC) treasury news: Strive (ASST) aims to raise $500 million with SATS preferred offering
Strive, the asset management firm trading under the ticker ASST, is aiming to raise $500 million through a preferred share offering under the ticker SATS, with proceeds earmarked for its bitcoin treasury strategy. The move adds Strive to the growing list of public companies building corporate bitcoin holdings, a trend that has drawn both investor interest and skepticism about leverage and dilution risks.
Why now: Corporate bitcoin treasury accumulation remains a hot topic as more public firms raise dedicated capital to buy BTC.
Evidence
- Bitcoin (BTC) treasury news: Strive (ASST) aims to raise $500 million with SATS preferred offering · CoinDesk
API: https://socialmediatrends-api.osmike.com/v1/trends/2168518