Strive Announces $1B ATM Offering Program For 15% Series A Preferred Stock To Fund Bitcoin Acquisitions
Strive, Inc. (NASDAQ:ASST, SATA, SATS))) ("Strive" or the "Company") today announced that it has entered into a sales agreement pursuant to which Strive may issue and sell shares of its 15.00% Series A
Strive is setting up a plan to sell new shares to raise money for buying bitcoin. When a company sells new shares, it can mean the existing owners get a smaller piece of the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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