Strive, Vivek Ramaswamy’s Company, Launches Preferred Stock Sale to Fuel Crypto Purchases

• Frequently Asked Questions

Strive, the venture led by entrepreneur Vivek Ramaswamy, has announced a $500 million preferred stock offering to expand its bitcoin holdings and fund strategic acquisitions. The company, which already holds 7,525 BTC, is following a playbook similar to Michael Saylor’s MicroStrategy, leveraging corporate treasury strategies to accumulate crypto assets. This move comes amid a broader trend of companies diversifying into Bitcoin as a hedge against inflation and market volatility. --- ### Strive’s Bold Move: $500M Preferred Stock Offering for Bitcoin Accumulation Strive has filed with U.S. regulators to issue up to $500 million in Series A Variable Rate Preferred Shares (ticker: SATA). The proceeds will be used for general corporate purposes, including Bitcoin purchases, working capital, revenue-generating assets, and potential debt repayment. The company emphasized flexibility, stating it might also deploy funds for acquisitions or share buybacks. This ATM (At-The-Market) offering allows Strive to sell shares incrementally, adapting to market conditions rather than flooding the market all at once. It’s a savvy move—raising capital without spooking investors with a sudden dilution. --- ### Strive’s Bitcoin Holdings: From Zero to 7,525 BTC in Months Strive’s Bitcoin journey began in May 2025 when it announced a reverse merger to go public on Nasdaq. By September 2025, it finalized an all-stock merger with Semler Scientific, adding 5,816 BTC to its treasury at an average price of $116,047 per coin. In November 2025, Strive disclosed another 1,567 BTC purchase at $103,315 per coin, funded through its SATA offering and warrant exercises. The company now ranks among the top 20 corporate Bitcoin holders, trailing only giants like MicroStrategy. --- ### The Saylor Playbook: Corporate Bitcoin Treasuries Go Mainstream Strive’s strategy mirrors MicroStrategy’s pioneering approach—using equity sales, debt, and mergers to amass Bitcoin. Michael Saylor’s firm holds over 660,624 BTC (3%+ of circulating supply), proving the model works. But it’s not without risks: - Upside : Bitcoin’s appreciation boosts shareholder value. - Downside : Volatility can hammer balance sheets. Strive’s latest funding round shows confidence in this high-stakes game. As one analyst quipped, *“When life gives you lemons, issue preferred stock and buy Bitcoin.”* --- ### Why Bitcoin? Strive’s Bet on Digital Gold Bitcoin’s scarcity (capped at 21 million coins) and institutional adoption make it attractive for corporate treasuries. Strive’s filings hint at further acquisitions, possibly targeting distressed assets like Mt. Gox’s 75,000 BTC stash. The company’s CFO noted, *“We see Bitcoin as both a store of value and a strategic asset.”* With ETFs like BlackRock’s IBIT gaining traction, Strive’s moves align with Wall Street’s growing crypto appetite. --- ### FAQ: Strive’s Bitcoin Strategy Explained

Frequently Asked Questions

How is Strive funding its Bitcoin purchases?

Through a $500M preferred stock offering (SATA) and warrant exercises, avoiding massive dilution.

What’s Strive’s average Bitcoin buy price?

~$110,000 across its 7,525 BTC holdings.

Is Strive copying MicroStrategy?

Yes, but with twists like ATM offerings and merger-driven accumulation.