Strive Targets $500M Raise to Buy More Bitcoin
The 15% fixed dividend on SATS comes with an 18-month cash reserve, while the new preferred class ranks below Strive's existing SATA shares.
Every Zipp story tagged #CapitalRaise, newest first.
The 15% fixed dividend on SATS comes with an 18-month cash reserve, while the new preferred class ranks below Strive's existing SATA shares.
The pause in bitcoin buying is the read: with $3B in dry powder, the company's silence at the BTC price desk is unusual after months of relentless accumulation.
Buybacks, dividend hikes, and a $1.25B BTC sale green light reframe the balance sheet, but the reflexive funding loop critics flagged since 2022 is still the same bet.