Content overview: “Strive Asset Management Raising $500 Million to Buy More Bitcoin via New Preferred Share C”. Strive Asset Management, the investment firm co-founded by Vivek Ramaswamy, is raising $500 million through a new preferred share class, SATS, to purchase additional bitcoin. The offering features a fixed 15% dividend yield at par, making it an attractive vehicle for income-focused investors seeking crypto exposure. This new class will be junior to Strive's existing preferred shares, SATA, which currently pays a variable rate of 13%.
The move underscores Strive's aggressive push into digital assets and its belief in bitcoin's long-term value. By tapping public markets, Strive aims to scale its bitcoin holdings while offering investors a structured, yield-bearing entry point into the cryptocurrency. The capital raise reflects growing institutional appetite for bitcoin as a treasury reserve asset, following the lead of companies like MicroStrategy. This listing links straight to the original page, where the content is available in full.