Strive announces proposed initial public offering of SATS stock

ASST•2026-10-13

Strive proposed an IPO of 5 million shares of its 15% Series A SATS preferred stock, with proceeds intended for bitcoin acquisitions, asset purchases and share repurchases.

1. Proposed offering

Strive said it plans to offer 5 million shares of 15% Series A SATS preferred stock. The company plans to use the proceeds for bitcoin acquisitions, asset purchases and share repurchases.

Sources

Strive targets IPO of 5,000,000 shares of 15% Series A perpetual preferred stock

Sec

Strive announces proposed initial public offering of SATS stock

1. Proposed offering

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Strive targets IPO of 5,000,000 shares of 15% Series A perpetual preferred stock

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