Strive Announces 15% SATS Preferred Stock IPO to Fund Bitcoin Acquisition

The post Strive Announces 15% SATS Preferred Stock IPO to Fund Bitcoin Acquisition appeared first on Coinpedia Fintech News

Bitcoin (BTC) treasury company Strive has announced its proposed initial public offering (IPO) of a Series A Perpetual Preferred Stock under the ticker SATS. According to a recently published press release, the company intends to offer 5 million shares priced at $100 per share. The shares will yield a dividend at an annual cumulative rate …