Strive Raises $55 Million via SATA Preferred Stock Amid 29,462 Bitcoin Holding

Strive Asset Management raised an estimated $55 million through its SATA preferred-share vehicle during the week of October 5, holding 29,462 Bitcoin in its corporate treasury. The newly raised capital represents purchasing power equivalent to roughly 638 Bitcoin based on valuations from the prior week. Whether the funds have been deployed into additional Bitcoin purchases remains subject to confirmation in an upcoming Form 8-K filing. The raise follows earlier capital initiatives, including a prior $500 million stock offering aimed at acquiring digital assets.