Strive Targets 175,000 BTC via $8.1M Daily SATA Raises

On June 3 Strive detailed plans to acquire up to 175,000 BTC by issuing SATA preferred shares that generate roughly $8.1 million daily. The announcement follows the June 2 disclosure of a 2,500 BTC purchase for $185.2 million at an average $74,092 per coin, lifting holdings to 19,000 BTC. It builds on the June 1 $4.2 billion ATM expansion split between ASST common and SATA preferred shares. The moves position Strive among the largest corporate Bitcoin holders while contrasting with Strategy’s sale of 32 BTC, highlighting divergent institutional flows amid market volatility.