Bitcoin treasury company Strive signed sales agreements with seven institutions for a planned at-the-market offering of up to $1 billion of additional SATS preferred stock, according to an SEC filing cited by BlockBeats.
Proposed SATS issuance
The proposed offering covers 15% Series A perpetual preferred stock with a 15% annual dividend rate and a $100 stated amount per share. The sales agents could receive commissions of up to 2% of gross proceeds.
The filing says the issuance would be additional to the 7 million SATS preferred shares already issued. Actual timing and size would depend on market conditions and Strive’s decisions.
Source: BlockBeats original flash and English report, 2026-10-26 11:55:43 UTC.