Strive entered into a Controlled Equity Offering Sales Agreement with Cantor Fitzgerald, Barclays, and other agents to offer and sell shares of its 15.00% Series A Perpetual SATS Preferred Stock in an at-the-market offering with an aggregate sales price of up to $1.0 billion. The company may suspend or terminate the program at any time and will pay agents a commission of up to 2.0% of gross proceeds. Net proceeds are intended for general corporate purposes, including bitcoin acquisitions, working capital, and share repurchases. Strive is a structured finance company focused on disciplined capital allocation and long-term value creation.
