JUST IN: Strive (ASST) filed an 8-K at 20:34 UTC for a proposed IPO of 5,000,000 shares of 15% perpetual preferred, "SATS", $100 stated each, so $500M. Dividends every business day from Nov 9, with an 18-month reserve of $22.50 a share.
At full size that's $75M a year, about 900 BTC at $83,314, or 2.7% of the 32,773 BTC Strive reported this morning.
At full size that's $75M a year, about 900 BTC at $83,314, or 2.7% of the 32,773 BTC Strive reported this morning.