Strive (ASST), a publicly traded bitcoin BTC$92,308.47 treasury and asset-management company, said it arranged a $500 million at-the-market offering (ATM) for its Variable Rate Series A Perpetual Preferred Stock (SATA) to help fund further purchases of the largest cryptocurrency. SATA pays a 12% dividend with an effective yield near 13%, and the security is intentionally …
Continue reading Strive (ASST) Starts $500 Million ATM Program for High-Yield SATA Preferred Stock