Strive’s SATA raises enough to buy 143 Bitcoin in 10-day streak

Strive, Inc. has found a way to buy Bitcoin at scale while keeping its balance sheet clean. The company, which trades on the Nasdaq under the ticker ASST, used proceeds from its Variable Rate Series A Perpetual Preferred Stock to purchase 143 Bitcoin over a 10-day period, adding to what has become one of the more aggressive corporate accumulation strategies in the public markets. The preferred stock instrument, listed under the ticker SATA, is the engine behind this buying program. When SATA shares trade at or above their $100 par value, the company issues shares through an at-the-money program and immediately converts that capital into Bitcoin. No debt, no dilution of common shareholders. The numbers behind the buying streak The most significant purchase in recent memory came during the week of August 24-28, 2026, when Strive acquired 1,800 BTC for $143 million, averaging roughly $79,431 per coin. Of that total, approximately $80.3 million came directly from the SATA program. That single week of buying lifted Strive’s total Bitcoin treasury to 23,156 BTC, placing the company among the top public corporate holders of the asset globally. The SATA program itself is authorized up to $...