Strive launches $500 million preferred stock offering program

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Go back to Strive launches $500 million preferred stock offering program

Strive Announces $500,000,000 SATA At-The-Market Program

December 9, 2025 6:27 PM EST

DALLAS, Dec. 09, 2025 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST; SATA) (Strive or the Company) today announced that it has entered into a sales agreement pursuant to which Strive may issue and sell shares of its Variable Rate Series A Perpetual Preferred Stock, $0.001 par value per share (the SATA Stock), having an aggregate offering price of up to $500,000,000 (the ATM Program).

Strive intends to use the net proceeds from the ATM Program for general corporate purposes, including, among other things, the acquisition of bitcoin and bitcoin-related products and for working capital, the purchase of income generating assets to... More