Strive raising $500 million to buy additional bitcoin with new preferred share class
What CoinDesk reports, why it matters and what remains unconfirmed.

The story in one view
- Reported by
- CoinDesk
- Coverage lens
- Markets and price action
- Published
- Evidence status
- Cross-source reports linked
What CoinDesk reports
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%).
The immediate significance
The report describes a company financing or operating decision. Its importance depends on completed terms, timing and the measurable effect on the business rather than the headline figure alone.
CoinDesk and Decrypt have also published a related report, providing another attributed account to compare without treating repetition as proof.
What remains unknown
- No matched primary document independently supporting the central claim is linked to this page.
The named assets, right now
Spot quotes from Kraken, checked .
How the story developed
CoinDesk and Decrypt are reporting related developments. Reports are shown in publication order; separate coverage is not independent confirmation.
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A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.
Decrypt Strive Buys $280 Million in Bitcoin, Its Largest Purchase in Months
The Nasdaq-listed asset manager bought the Bitcoin at an average of about $84,500 during a rough week for the market, lifting its total stash to 32,773 BTC.
CoinDeskCurrent briefing Strive raising $500 million to buy additional bitcoin with new preferred share class
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%).
Related Articles And Podcast
Further reporting and analysis on this story.
Daily Crypto Deep Dive: Strategy Is Selling Bitcoin — Is Michael Saylor Contr
Strategy has sold another 1,638 Bitcoin for approximately $104.7 million, using the proceeds to fund preferred-share dividends and repurchase its STRC…
Read the notes and play the episode
