Strive secured $85.88 million in SATA sales, funding potential 1,002 Bitcoin purchase

  • Strive secured $85.88 million through SATA sales, creating funding for roughly 1,002 Bitcoin.
  • Strive’s reported holdings stood at 26,355 BTC, valued at around $2 billion.
  • The company has not confirmed a Bitcoin purchase tied to the Sep. 21-23 proceeds.

Strive secured about $85.88 million through SATA preferred-stock sales over three trading sessions from Sep. 21 to Sep. 23, creating potential funding for roughly 1,002 Bitcoin. The proceeds estimate does not confirm that Strive completed the purchase. The company’s reported Bitcoin holdings stood at 26,355 BTC, valued at around $2 billion. BitcoinTreasuries.net calculated potential proceeds from estimated SATA issuance, after commissions, and divided them by the average Bitcoin price for each session. Strive last disclosed buying 1,355 BTC for approximately $107.7 million between Sep. 14 and Sep. 18. Its next filing will establish whether it bought additional Bitcoin after that period.

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