Strive Proposes $4.2B ATM Expansion to Stack More BTC!

Strive Asset Management, the seventh-largest Bitcoin treasury company, is proposing a $4.2 billion expansion of its at-the-market equity programs to fund further Bitcoin purchases. CEO Matt Cole announced plans to grow both the ASST and SATA ATM programs by $2.1 billion each, effectively doubling the company's capacity to raise capital for BTC accumulation.

The move follows a strong recent raise: last week Strive pulled in approximately $194 million through its SATA preferred stock offering, translating to roughly 2,621 BTC at current market prices. The company currently holds approximately 16,500 BTC valued at around $1.27 billion, cementing its position among the most aggressive institutional Bitcoin accumulators.

The scale of the proposed expansion signals that Strive views current price levels as an opportunity to build a significantly larger treasury position — and that institutional appetite for structured BTC acquisition vehicles remains firmly intact.