🚨 STRIVE WANTS ANOTHER $500 MILLION TO BUY BITCOIN! ₿
💰 15% FIXED DIVIDEND — AND MORE BTC ACCUMULATION?
Strive ($ASST), the Bitcoin-focused treasury company, is looking to raise $500 million through a new preferred share class to fund additional Bitcoin purchases.
Here’s what investors need to know 👇
🔹 $500M fundraising target: Proceeds are intended to support further Bitcoin accumulation.
🔹 15% fixed dividend: The new preferred shares will offer a stated annual dividend yield of 15% at par.
🔹 Sits below SATA: The new class will rank junior to Strive’s existing SATA preferred shares, which currently pay a variable rate of 13%.
🔹 A Bitcoin accumulation strategy: Strive is using capital markets to raise funds and expand its BTC treasury rather than relying solely on operating cash flow.
🔥 MY TAKE
This highlights how Bitcoin treasury companies are competing to accumulate more BTC through financial engineering.
But there’s a trade-off: a 15% preferred dividend is a substantial financing cost. Investors should examine the company's ability to meet its dividend obligations, the terms of the new shares and the potential dilution or other risks to existing shareholders.
For Bitcoin holders, more institutional treasury demand could be supportive. However, a fundraising announcement does not guarantee that the full amount will be raised or that the proceeds will immediately translate into Bitcoin purchases.
👀 THE BIG QUESTION:
Will Bitcoin treasury companies continue raising billions through preferred shares to accumulate more BTC — or will the cost of capital eventually become a problem?
👇 Bullish or risky? Share your view!
#Bitcoin #BTC #Strive #Crypto #BitcoinTreasury
💰 15% FIXED DIVIDEND — AND MORE BTC ACCUMULATION?
Strive ($ASST), the Bitcoin-focused treasury company, is looking to raise $500 million through a new preferred share class to fund additional Bitcoin purchases.
Here’s what investors need to know 👇
🔹 $500M fundraising target: Proceeds are intended to support further Bitcoin accumulation.
🔹 15% fixed dividend: The new preferred shares will offer a stated annual dividend yield of 15% at par.
🔹 Sits below SATA: The new class will rank junior to Strive’s existing SATA preferred shares, which currently pay a variable rate of 13%.
🔹 A Bitcoin accumulation strategy: Strive is using capital markets to raise funds and expand its BTC treasury rather than relying solely on operating cash flow.
🔥 MY TAKE
This highlights how Bitcoin treasury companies are competing to accumulate more BTC through financial engineering.
But there’s a trade-off: a 15% preferred dividend is a substantial financing cost. Investors should examine the company's ability to meet its dividend obligations, the terms of the new shares and the potential dilution or other risks to existing shareholders.
For Bitcoin holders, more institutional treasury demand could be supportive. However, a fundraising announcement does not guarantee that the full amount will be raised or that the proceeds will immediately translate into Bitcoin purchases.
👀 THE BIG QUESTION:
Will Bitcoin treasury companies continue raising billions through preferred shares to accumulate more BTC — or will the cost of capital eventually become a problem?
👇 Bullish or risky? Share your view!
#Bitcoin #BTC #Strive #Crypto #BitcoinTreasury