Strive Announces Pricing of Upsized Initial Public Offering of SATS Stock

Strive, Inc. (Nasdaq: ASST) priced its initial public offering of 7 million shares of 15.00% Series A Perpetual SATS Preferred Stock at $90 per share on October 15, 2026, raising approximately $630 million in gross proceeds. The company plans to use the net proceeds for bitcoin acquisitions, working capital, income-generating assets, and potential share repurchases. Settlement is scheduled for October 20, 2026.