Strive (ASST) Starts $500 Million ATM Program for High Yield SATA Preferred Stock
Strive (ASST), a publicly traded bitcoin BTC$92,691.23 Treasury and asset-management company, said it arranged a $500 million offering (ATM) for its Variable Rate Series A Perpetual Preferred Stock (SATA) to help finance further purchases of the largest cryptocurrency. Paying a dividend of 12% with an effective yield of nearly 13%, SATA is deliberately modeled after […]
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