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Strive lists 15% SATS preferred, raising $630M to chase No. 2 bitcoin spot

By Hannah Collymore

Strive, Inc. (Nasdaq: ASST) has raised about $630 million by selling a new preferred stock that pays a 15% yield, The company has shared that it plans to use some of the money to buy bitcoin as it pushes to become the second-largest corporate holder of the asset. How much does SATS pay? Strive has...

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The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

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