Strive Launches $1 Billion At-The-Market Program

09:59 AM EDT, 10/26/2026 (MT Newswires) -- Strive (ASST) said Monday it has signed an agreement under which it may issue and sell up to $1 billion worth of its 15% Series A perpetual SATS preferred stock. Net proceeds from the at-the-market program will be used for general corporate purposes, including the acquisition of bitcoin and bitcoin-related products, working capital, and the purchase of income-generating assets, Strive said. The company may also use the proceeds for capital expenditures and buybacks of its Class A common stock or variable rate Series A perpetual preferred stock. Strive said it may also use the proceeds for acquisitions, to pay dividends, or to repay future debt. Price: 27.13, Change: -1.84, Percent Change: -6.35