Strive’s SATA Preferred Stock May Fund Up to 1,192 Bitcoin Purchases This Week

Live tracking by BitcoinTreasuries.NET indicates that Strive’s Variable Rate Series A Perpetual Preferred Stock (ticker SATA) has generated funding capacity sufficient to purchase approximately 1,192 Bitcoin during the current week. The estimate reflects potential purchasing power based on SATA trading at or above its $100 stated value and does not confirm that the coins have actually been bought.

How the Estimate Is Calculated

The tracker uses SATA’s trading volume and an assumed capture rate derived from Strive’s prior SEC filings to model how many new shares the company could sell through its at‑the‑market (ATM) program. The model assumes that proceeds from any newly issued shares would be directed toward Bitcoin purchases or other permitted corporate uses.

Current Bitcoin Holdings and Recent Purchases

Strive reported holding 21,356 BTC after acquiring 1,110 coins between August 17 and August 21 for roughly $81.5 million. The company’s Bitcoin balance has grown from 7,525 BTC in November 2025 to over 21,000 BTC, making it the seventh‑largest publicly traded corporate Bitcoin holder.

Impact of SATA Price Movements

SATA’s price fell to $79.01 in June, temporarily halting the ATM issuance program. By August 21 the price had recovered to $100.01, reopening the channel. The tracker estimated that the August 20‑21 period alone could fund about 440 BTC.

Financial Context

• At Bitcoin prices of $78,000‑$80,000, the estimated 1,192 BTC represents $93‑$95 million of potential capital.
• Strive’s cash and cash equivalents rose to $171.9 million after the recent Bitcoin purchase.
• The company’s second‑quarter balance sheet listed $702.4 million of SATA preferred equity and a $783 million redemption value.

Investor Considerations

U.S. investors can gain exposure to Strive’s Bitcoin strategy via two Nasdaq‑listed securities: the preferred SATA shares, which pay a variable annual dividend (currently 13% of the $100 stated value), and the common ASST shares, which reflect the company’s overall equity and Bitcoin holdings. Risks include dilution from additional share issuance and the perpetual dividend obligation attached to SATA.