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Strive Secures Funds to Buy More Than 400 Bitcoin Through SATA Preferred Share Sale

Strive, a Bitcoin-based digital asset treasury company, has secured funds to purchase more than 400 additional Bitcoin.

en.bloomingbit.io

Publisher

Oct 1, 2026 at 7:51 AM UTC · 1 min de lectura

Strive Secures Funds to Buy More Than 400 Bitcoin Through SATA Preferred Share Sale
Image via en.bloomingbit.io

Key Signal

>400 BTC Planned additional Bitcoin purchase

Entities

bitcoin

Last Updated

hace 4 días

  • Strive raised funds through the issuance of perpetual preferred stock 'SATA' to buy more than 400 Bitcoin.
  • Strive bought 6,106 Bitcoin between August 24 and September 25 at an average purchase price of $80,375.
  • Strive's total Bitcoin holdings stood at 27,462 BTC, ranking fifth among publicly traded companies worldwide.

Forecast Trend Report by Period

Strive, a Bitcoin-based digital asset treasury company, has secured funds to purchase more than 400 additional Bitcoin.

According to Odaily and other outlets on October 1, Strive raised fresh capital on September 30 through the issuance of its perpetual preferred stock, SATA. The company has primarily used SATA to finance its Bitcoin purchases.

Strive has already bought more than 6,100 Bitcoin over the past month. Lookonchain said the company purchased 6,106 Bitcoin between August 24 and September 25 at an average price of about $80,375.

As of October 1, Strive held a total of 27,462 Bitcoin. That ranks fifth among publicly traded companies globally.

Why this matters

The financing highlights continued institutional demand for Bitcoin through corporate treasury strategies rather than direct operating cash flow. Using perpetual preferred shares to fund purchases could expand Strive's buying capacity, while also making its capital structure and Bitcoin-price exposure more consequential for investors.

Follow the Story

  1. Oct 1Strive Secures Funds to Buy More Than 400 Bitcoin Through SATA Preferred Share Sale
  2. Oct 5Bitcoin price climbs above $86,000 as crypto market advances
  3. Oct 5Saylor Says Bitcoin 30-Day Volatility Is 39%; Strategy’s MSTR at 94%, STRC at 9%
  4. Oct 5Bitcoin tests $87,363 resistance with fading momentum: Live levels By Investing.com
  1. Oct 1Strive Secures Funds to Buy More Than 400 Bitcoin Through SATA Preferred Share Sale
  2. Oct 5Bitcoin price climbs above $86,000 as crypto market advances
  3. Oct 5Saylor Says Bitcoin 30-Day Volatility Is 39%; Strategy’s MSTR at 94%, STRC at 9%
  4. Oct 5Bitcoin tests $87,363 resistance with fading momentum: Live levels By Investing.com
#bitcoin#crypto#government-policy

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Originally reported by en.bloomingbit.io

NewsLayer coverage based on externally reported material.

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Article Intelligence

Key Entities

bitcoin

Topics

government-policycrypto

Regulation Signal

in progressUpdated hace 2 meses

SEC Crypto Asset Market Structure Rulemaking

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