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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 lecture

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

il y a un mois

Traduction…
  • 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 27Bitcoin short-term holder profit drops to 70%, which Glassnode says may favor buyers
  3. Oct 27U.S. Spot Bitcoin ETFs See $110.34 Million of Net Inflows
  4. Oct 27Bitcoin simulation suggests 2028 market top bet...
  1. Oct 1Strive Secures Funds to Buy More Than 400 Bitcoin Through SATA Preferred Share Sale
  2. Oct 27Bitcoin short-term holder profit drops to 70%, which Glassnode says may favor buyers
  3. Oct 27U.S. Spot Bitcoin ETFs See $110.34 Million of Net Inflows
  4. Oct 27Bitcoin simulation suggests 2028 market top bet...
#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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Market Context

₿

Bitcoin

BTC

$79,573

-0.56% (24H)

$80,428$79,997$79,565
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Market Cap

$1.60T

24H Volume

$20.6B

24H High

$80,702

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

government-policycrypto

Regulation Signal

in progressUpdated il y a 3 mois

SEC Crypto Asset Market Structure Rulemaking

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