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Strive upsizes SATS IPO to $700M, priced at $90 per share

Strive upsizes SATS IPO to $700M, priced at $90 per share

Photo: Crypto Briefing

The Bitcoin treasury firm raised approximately $630 million in gross proceeds by expanding its Series A preferred stock offering from 5 million to 7 million shares. Strive Inc. just pulled off one of the more notable capital raises in the Bitcoin treasury space. The company priced its 15.00% Series A Perpetual SATS Preferred Stock offering on October 15, 2026, after upsizing the deal from an initial 5 million shares to 7 million shares at $90 each, generating approximately $630 million in gross proceeds.

Source: Crypto Briefing

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