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Treasury · 2 sources · 16h ago

Strive raising $500 million to buy additional bitcoin with new preferred share class

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Compiled by Best of Bitcoin from the sources below

SATS will offer a fixed 15% dividend yield at par and be junior to the company's existing SATA, which pays a variable rate (currently 13%). Odaily Planet Daily reports that Bitcoin treasury company Strive (ASST) has announced plans to issue a new class of perpetual preferred shares, SATS, with an of ...

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