{"id":49354,"date":"2025-12-10T08:45:21","date_gmt":"2025-12-10T13:45:21","guid":{"rendered":"https:\/\/bitcoinmagazine.com\/?p=49354"},"modified":"2025-12-10T08:45:29","modified_gmt":"2025-12-10T13:45:29","slug":"strive-lines-up-500-to-buy-more-bitcoin","status":"publish","type":"post","link":"https:\/\/bitcoinmagazine.com\/news\/strive-lines-up-500-to-buy-more-bitcoin","title":{"rendered":"Strive Lines Up $500 Million Stock Offering to Buy More Bitcoin"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div>\n<p>Strive, a publicly traded bitcoin treasury and asset-management firm, said it has arranged a $500 million at-the-market offering to help fund more bitcoin purchases.<\/p>\n\n\n\n<p>The company plans to sell Variable Rate Series A Perpetual Preferred Stock, known as SATA. The offering allows Strive to issue shares into the market at prevailing prices rather than through a single sale. The structure gives the firm flexibility to raise capital as demand allows.<\/p>\n\n\n\n<p>SATA carries a 12% dividend and an effective yield near 13%. The preferred stock is modeled on Strategy\u2019s STRC <a href=\"https:\/\/bitcoinmagazine.com\/bitcoin-for-corporations\/how-strategy-mstr-built-their-capital-stack-to-accelerate-bitcoin-accumulation\">perpetual preferred equity<\/a>, which has been used as a funding tool for bitcoin accumulation.&nbsp;<\/p>\n\n\n\n<p>SATA currently trades around $91, below its $100 par value.<\/p>\n\n\n\n<p>Strive <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/12\/09\/3202854\/0\/en\/Strive-Announces-500-000-000-SATA-At-The-Market-Program.html?_gl=1*m2td6a*_up*MQ..*_ga*OTIyNjk1MDQ5LjE3NjUzMjM1MjY.*_ga_ERWPGTJ5X8*czE3NjUzMjM1MjYkbzEkZzAkdDE3NjUzMjM1MjYkajYwJGwwJGgw\" target=\"_blank\" rel=\"noopener\">said<\/a> proceeds may be used for a range of purposes. These include buying bitcoin, purchasing income-generating assets, supporting working capital, repurchasing common shares, or pursuing acquisitions.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">JUST IN: \ud83c\uddfa\ud83c\uddf8 Vivek Ramaswamy&#39;s Strive to raise $500 million to buy more <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Bitcoin<\/a><br><br>Nothing stops this train \ud83d\ude4c <a href=\"https:\/\/t.co\/I2ZStdFYBX\">pic.twitter.com\/I2ZStdFYBX<\/a><\/p>&mdash; Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1998711190651023860?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 10, 2025<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>The company did not specify how much of the raise would be allocated to bitcoin purchases.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>The 14th-largest corporate bitcoin holder<\/strong><\/h2>\n\n\n\n<p>Strive currently holds about 7,525 bitcoin, valued at roughly $695 million at recent market prices. That positions the firm as the 14th-largest publicly traded corporate holder of bitcoin.&nbsp;<\/p>\n\n\n\n<p>The company has leaned into a bitcoin-focused treasury strategy following a <a href=\"https:\/\/bitcoinmagazine.com\/news\/strive-asset-management-merges-with-asset-entities-to-launch-a-public-bitcoin-treasury-company\">public reverse merger<\/a> earlier this year.<\/p>\n\n\n\n<p>The company was co-founded in 2022 by entrepreneur and political figure Vivek Ramaswamy. Since launching its first exchange-traded fund in August 2022, Strive Asset Management has grown to oversee more than $2 billion in assets, according to company disclosures.\u00a0<\/p>\n\n\n\n<p>The firm markets itself as an alternative asset manager with a focus on aligning capital with long-term investment themes.<\/p>\n\n\n\n<p>In September, Strive <a href=\"https:\/\/architectpartners.com\/strive-acquires-semler-scientific-for-1-42b-in-all-stock-transaction\/\" target=\"_blank\" rel=\"noopener\">agreed<\/a> to acquire Semler Scientific, a transaction that increased the combined entity\u2019s bitcoin exposure. The move placed the company among a growing group of public companies that use equity markets to build large bitcoin positions, a strategy <a href=\"https:\/\/bitcoinmagazine.com\/news\/saylor-talks-bitcoin-strategy-at-mena\">popularized<\/a> by Michael Saylor\u2019s Strategy.<\/p>\n\n\n\n<p>Shares of its common stock, ASST, trade near $1 today.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Strive calls out MSCI on bitcoin beliefs&nbsp;<\/strong><\/h2>\n\n\n\n<p>The company <a href=\"https:\/\/bitcoinmagazine.com\/news\/strive-msci-to-rethink-bitcoin-exclusion\">has also taken an active role<\/a> in market structure debates tied to bitcoin treasury firms. Earlier this month, Strive called on index provider MSCI to avoid excluding companies with large digital asset holdings from major equity benchmarks.&nbsp;<\/p>\n\n\n\n<p>MSCI is reportedly <a href=\"https:\/\/bitcoinmagazine.com\/news\/bitcoin-coalition-pushes-back-against-msci-proposal-targeting-bitcoin-heavy-companies\">consulting investors<\/a> on whether firms with balance sheets dominated by crypto assets should remain eligible for inclusion.<\/p>\n\n\n\n<p>The company argued that such exclusions would limit investor choice and reshape capital flows across passive funds. The review could have broad implications for companies that hold bitcoin as a core treasury asset.<\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vivek Ramaswamy&#8217;s Strive is looking to raise $500 million via sales of its Variable Rate Series A Perpetual Preferred Stock to buy more bitcoin.<\/p>\n","protected":false},"author":3817,"featured_media":49356,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4378],"tags":[6135,5474,6094,449],"class_list":{"0":"post-49354","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news","8":"tag-bitcoin-stocks","9":"tag-corporate-bitcoin-adoption","10":"tag-strive","11":"tag-vivek-ramaswamy"},"author_data":{"id":3817,"name":"Micah Zimmerman","nicename":"micahzimmerman","avatar_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/11\/Micah_Zimmerman_Author_Image.jpg"},"featured_image_url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2025\/12\/Strive-Plans-500-Million-Stock-Sale-to-Fund-More-Bitcoin-Buys.jpg","_links":{"self":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/49354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/users\/3817"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/comments?post=49354"}],"version-history":[{"count":0,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/posts\/49354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media\/49356"}],"wp:attachment":[{"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/media?parent=49354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/categories?post=49354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcoinmagazine.com\/wp-json\/wp\/v2\/tags?post=49354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}