News#BTC
Strive raising $500 million to buy additional bitcoin with new preferred share class
SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).
SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%).
Related market data
- BTC: price 83,168.5, 24h 1.42%, funding 0.0007%/h, OI $3.17B
Read the full story at coindesk.com: https://www.coindesk.com/markets/2026/10/13/strive-to-ipo-second-preferred-share-class-as-it-looks-to-further-build-bitcoin-treasury
Source: coindesk.com
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