Strive, Inc. (NASDAQ: ASST) has raised enough capital through its Variable Rate Series A Perpetual Preferred Stock, known as SATA, to purchase 578 Bitcoin after 16 consecutive trading sessions at or around its $100 par value. SATA pays a variable annualized dividend of roughly 13%, distributed daily on business days, and is issued through an at-the-market program designed to keep its price between $99 and $101. Outstanding SATA has reached approximately $999.5 million across 9,995,425 shares. Strive has kept its balance sheet debt-free and holds enough cash reserves to cover dividends for 18 months. The latest financing follows Strive’s purchase of 1,375 BTC for about $109 million between Aug. 31 and Sept. 4, 2026, taking its holdings from 23,156 to 24,531 BTC. About $92.2 million, or 70% of that transaction, came from the issuance of 921,511 SATA shares. The company has made weekly Bitcoin purchases exceeding 400 BTC during 2026, using preferred equity rather than convertible debt or secured borrowing.