Strive Eyes About $630 Million in Upsized Sale of a New Fixed-Rate Preferred Stock

4 outlets reporting

Your call?🐂 Bullish🐻 Bearish

$630M

preferred stock sale

$BTC

$82,720

+1.3%

The bitcoin treasury company priced 7 million shares of its 15% SATS preferred at $90, 2 million more than planned and below the $100 stated amount its dividend is based on.