Strive Inc. Prices Upsized $630M Public Offering of Series A Preferred Stock

Strive, Inc. (ASST) has priced its upsized public offering of 7,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock at a public price of $90.00 per share. The offering was increased by 2,000,000 shares from the previously announced amount. The company expects to raise approximately $630 million in gross proceeds before underwriting discounts and other expenses.

Key Details

• Offering Terms: Issuance of 7,000,000 shares of 15.00% Series A Perpetual SATS Preferred Stock priced at $90.00 per share, with a stated amount of $100 per share.
• Financials & Timeline: The offering is expected to generate gross proceeds of approximately $630 million and is scheduled to settle on October 20, 2026.
• Use of Proceeds: Net proceeds are intended for general corporate purposes, including the acquisition of bitcoin and bitcoin-related products, working capital, and potential repurchases of its Class A Common Stock or other preferred stock.