In a nutshell: Strive plans to issue $500 million in preferred stock, SATS, to increase its BTC holdings, with an annual dividend yield of 15%.
The tone is cautiously positive, but beware of the good news being priced in early. Keep an eye on the project team’s next steps; a clear timeline will make it easier to track.
$1000SATS is worth watching.
The tone is cautiously positive, but beware of the good news being priced in early. Keep an eye on the project team’s next steps; a clear timeline will make it easier to track.
$1000SATS is worth watching.