✉news BusinessCrypto first seen 1 d ago, last 19 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
Rank over time, top of the chart is #1. 6 snapshots from 1 d ago to 19 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