Strive’s SATA tracker estimates 1,310.1 Bitcoin from September 28 week issuance

  • Strive’s SATA tracker estimates 1,310.1 Bitcoin from preferred-stock issuance during the September 28 week.
  • $110.16 million in net proceeds came from 1.13 million shares issued.
  • Friday, October 2, remained open, leaving daily and weekly estimates incomplete.

Strive’s Variable Rate Series A Perpetual Preferred Stock, known as SATA, remained near its $100 par value during the week of September 28, 2026, while its at-the-market program was marked active. The SATA ATM Tracker estimates that issuance generated $110.16 million in net proceeds and supported the purchase of approximately 1,310.1 Bitcoin, based on volume traded at or above $100 and a capture rate calibrated to earlier SEC filings. The estimate covers 1.13 million shares issued and weekly trading volume of $245.08 million, including extended hours. SATA last traded at $100.00 to $100.01, carried a 13% dividend yield and rate, and had a market capitalization of $1.03 billion. Friday’s figures remain incomplete because U.S. markets were still open, meaning additional volume at or above par could increase both proceeds and the estimated Bitcoin total. The five daily estimates sum to roughly 1,311 Bitcoin and about $110.2 million, with small differences attributed to after-hours volume, rounded average Bitcoin prices, and the tracker’s capture-rate model. The weekly average Bitcoin price used for the headline estimate was $84,082. The current estimate already exceeds Strive’s reported purchase of 1,107 Bitcoin for about $94.5 million between September 21 and September 25, although the comparison is not directly equivalent because that Form 8-K covered settled purchases funded through all sources. SATA historically provides most of the capital when it trades at par. The security was designed to remain near $100 and pays a 13% annualized dividend every business day, a structure introduced in mid-June 2026 that made SATA the first U.S.-listed security to distribute cash dividends daily. Strive has said it will not issue new SATA below $100. The issuance channel was largely inactive after SATA fell to an intraday low of $79.01 during the June sell-off, but reopened in late August when the preferred stock returned to par.

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