Strive's SATA preferred stock issuance is expected to raise approximately $55 million for the week ending October 5, according to Bitcoin.com News. At a bitcoin price of approximately $82,800, that amount would be sufficient to purchase about 638 bitcoins. Issuance activity is expected to pause after SATA traded below its $100 par value from Wednesday through Friday. Monday 8-K filings from Strive and Strategy will confirm the actual number of bitcoins purchased with the related funds.
