Back to all news
Bitcoin

ASST Stock Jumps 6% as Strive Raises $630M in Preferred Stock IPO to Buy More Bitcoin

CoinGape·October 20, 2026·1 min read
ASST Stock Jumps 6% as Strive Raises $630M in Preferred Stock IPO to Buy More Bitcoin

ASST stock rose nearly 6% on Tuesday as Bitcoin treasury company Strive closed its $630 million preferred stock IPO. The company confirmed the listing of its new shares on the Nasdaq, noting that proceeds would be used for additional Bitcoin acquisitions and other corporate uses.

Read at CoinGape
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store