✉news BusinessCrypto first seen 23 h ago, last 16 h ago, peak #19

Strive Launches IPO of SATS Preferred Stock to Buy Bitcoin

Original: ASST Stock Rises Overnight: Strive Launches IPO Of 15% SATS Preferred Stock To Fund Bitcoin Purchases

Strive Enterprises has launched an initial public offering of 15% SATS preferred stock, with proceeds earmarked for bitcoin purchases. Shares of the associated ASST stock rose in overnight trading following the announcement. The move continues a trend of public companies raising capital specifically to add bitcoin to their balance sheets, drawing attention from crypto and stock market watchers alike.

Why now: Investors are reacting to a new corporate vehicle for bitcoin exposure after the stock jumped overnight

Strive EnterprisesASSTSATS preferred stockBitcoin

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Rank over time, top of the chart is #1. 6 snapshots from 23 h ago to 16 h ago.

Evidence

• ASST Stock Rises Overnight: Strive Launches IPO Of 15% SATS Preferred Stock To Fund Bitcoin Purchases · Yahoo Finance

API: https://socialmediatrends-api.osmike.com/v1/trends/2182743