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Strive (ASST) Stock Jumps 4% After Raising $630M to Fuel More Bitcoin Buying

CoinCentral·October 16, 2026·1 min read
Strive (ASST) Stock Jumps 4% After Raising $630M to Fuel More Bitcoin Buying

Strive (ASST) stock rose 3.93% after pricing its upsized preferred stock offering. The company sold 7 million units of 15% Series A Perpetual Preferred Stock (SATS) at $90 per share, up 2 million from the initial plan. Gross proceeds are about $630 million, which may fund more bitcoin purchases.

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