SATA, a Strive unit, adds 402 Bitcoin in one day after IPO

Strive’s Variable Rate Series A Perpetual Preferred Stock, SATA, recorded a daily Bitcoin accumulation of 402 BTC on May 27, according to BitcoinTreasuries.NET. The figure was described as a record high and represented 51% of SATA’s prior week total, marking the largest single-day increase since the preferred stock’s IPO. Earlier reporting had estimated that SATA acquired roughly 475 to 490 BTC in a single day through its at-the-market program, while weekly accumulation for the week ending May 24 was reported at about 794 BTC. Separately, Strive’s latest SEC filing confirmed the purchase of 1,109 BTC between May 19 and May 22 at an average cost of about $76,989 per coin, bringing total holdings to 16,500 BTC.

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