$Bitcoin
Strive (NASDAQ: ASST) is taking a different path than MicroStrategy.
Rather than using mainly convertible debt, Strive uses preferred equity called SATA to raise money and buy Bitcoin.
The main idea is:
• SATA offers around 13% dividends, daily.
• Strive invests the money in BTC.
• The plan is to make Bitcoin per share rise.
But investors/traders should pay attention to the risks: Bitcoin is very volatile, the preferred stock has costs, there might not be liquidity, and you’d have to see whether Bitcoin’s gains are higher than the financing costs.
It’s an experiment, with the treasury.
Could Strive’s SATA model change how treasuries are managed? Let me know what you think below!
#BTC #cryptotrading #CryptoInvesting #altcoins
$ASST.US $
Strive (NASDAQ: ASST) is taking a different path than MicroStrategy.
Rather than using mainly convertible debt, Strive uses preferred equity called SATA to raise money and buy Bitcoin.
The main idea is:
• SATA offers around 13% dividends, daily.
• Strive invests the money in BTC.
• The plan is to make Bitcoin per share rise.
But investors/traders should pay attention to the risks: Bitcoin is very volatile, the preferred stock has costs, there might not be liquidity, and you’d have to see whether Bitcoin’s gains are higher than the financing costs.
It’s an experiment, with the treasury.
Could Strive’s SATA model change how treasuries are managed? Let me know what you think below!
#BTC #cryptotrading #CryptoInvesting #altcoins
$ASST.US $
