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Strive Sets SATS Preferred Stock IPO at $90, Targets $630M for Bitcoin Purchases

CoinGape·October 17, 2026·1 min read
Strive Sets SATS Preferred Stock IPO at $90, Targets $630M for Bitcoin Purchases

Strive priced its SATS preferred stock offering at $90 per share, targeting about $630 million in gross proceeds. The company plans to use the fresh capital for further Bitcoin purchases and other corporate needs following its recent treasury expansion. The offering was announced in a company statement.

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