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Strive raising $500 million to buy additional bitcoin with new preferred share class

Co
CoinDesk
By Stephen Alpher
10/13/2026, 11:23:05 PM
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Strive raising $500 million to buy additional bitcoin with new preferred share class
EXECUTIVE SUMMARY

SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).

Key Takeaways

  • Strive raising $500 million to buy additional bitcoin with new preferred share class.
  • SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).
  • SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).

SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).

Share:WhatsAppFacebookX (Twitter)Telegram

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