Bitcoin treasury company Strive announces $500 million SATA stock “sale-as-you-go” program

Odaily Planet Daily reports that Strive, an asset management and Bitcoin treasury company, has announced the launch of an "At-The-Market (ATM)" offering of Variable Rate Series A Perpetual Preferred Stock (SATA) with a maximum size of $500 million. This plan allows the company to sell SATA shares in tranches on the open market on demand, with proceeds to be used for purposes such as acquiring Bitcoin and related assets, business expansion, working capital, common stock buybacks, capital expenditures, and potential mergers and acquisitions.

Strive stated that the sale of SATA shares will proceed in accordance with the previously effective automatic registration statement and the latest prospectus filing. As the world's first publicly listed Bitcoin treasury asset management company, Strive held approximately 7,525 bitcoins as of November 2025, and its asset management subsidiaries currently manage over $2 billion in assets. (globenewswire)