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

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

According to BitcoinTreasuries.NET, Strive’s SATA preferred stock recorded a one-day accumulation of 402 BTC on May 27, its largest daily increase since IPO and 51% of the prior week’s total.

BTC

Fact Check
BitcoinTreasuries.NET (primary tracker) confirms SATA acquired ~402.11 BTC on May 26, 2026—the largest single-day Bitcoin buy since IPO, comprising 51% of the prior week's total. Bitcoin Magazine separately estimated ~490 BTC absorbed in a single day, exceeding Bitcoin's daily mining supply. The 402 BTC figure is the confirmed actual purchase record; the ~490 BTC figure is Bitcoin Magazine's estimate of total daily absorption. Both elements of the claim are supported by the primary sources cited.
Summary

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.

Terms & Concepts
  • at-the-market program: A capital-raising method that allows a company to sell securities into the public market over time at prevailing market prices.
  • preferred stock: A class of equity that typically has priority over common stock for dividends and certain claims, and may be used as a financing tool.
  • BTC: The ticker symbol commonly used to represent Bitcoin, the native cryptocurrency of the Bitcoin network.