Strive SATA Preferred Stock Raises $55M, Enough to Purchase 638 Bitcoins
Strive SATA preferred shares are expected to raise about $55 million for the week ending October 5. At a Bitcoin price near $82,800, that is enough for roughly 638 BTC. SATA weekly volume was $317 million and a pause was expected after shares fell below $100 face value. Strategy held 29,462 BTC as of October 2 and bought 2,000 BTC from September 28 to October 2. Form 8K will confirm purchases.