Strive Prices Perpetual Preferred Stock IPO at $80, Expands Offering to 2M Shares

Bitcoin treasury company Strive priced its perpetual preferred stock (SATA) initial public offering at $80 per share and expanded the offering size from 1.25 million to 2 million shares, according to a November 6 announcement. The company held 5,958 bitcoins as of October 28, 2025, with an average acquisition cost of approximately $114,304 per coin.