Strive offers a stock proposal to increase Bitcoin investments.

Strive to Raise Funds for Bitcoin Purchases Through Preferred Stock

Strive aims to increase its Bitcoin (BTC) investments by issuing 1.25 million shares of preferred stock. These new shares will be referred to as SATA.

The company stated that it plans to initially pay a 12% dividend to investors. This is being seen as a capital-raising effort similar to that of Bitcoin treasury pioneer Michael Saylor and his company MicroStrategy (MSTR).