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

Bitcoin treasury firm Strive (ASST) upsized its preferred stock offering to 7 million shares, raising gross proceeds of around $630 million. On October 15, the company sold 15% Series A Perpetual SATS Preferred Stock at $90 per share, an increase of 2 million shares from the original offering, to fund further BTC purchases.