Strive Upsizes SATS IPO to $700M for Bitcoin

Created: Last edited:
Syndicated ยท Original source
https://www.tftc.io/strive-sats-preferred-stock-ipo-700m-bitcoin

Strive upsizes SATS preferred stock offering to $700M aggregate value. Proceeds target Bitcoin purchases with $630M actual cash raised. Structure includes 15% annual dividend and 32,773 BTC on balance sheet.

Image: strive-sats-preferred-stock-ipo-700m-bitcoin.jpg

#bitcoin #preferred #sats #ipo

Views: 3

Categories: Bitcoin & Nostr [c123], News & Updates [c3], Projects & Resources [c5]

Manage / Login

The Bitcoin-Powered Internet Bulletin Board