Strive raises $630 million with 15% dividend bet on Bitcoin gains

Your call?🐂 Bullish🐻 Bearish

$630M

preferred share raise

$BTC

$82,000

+1.3%

Strive increased its SATS preferred-share offering by 40% to $630 million. The company is offering a fixed 15% dividend while betting Bitcoin gains will exceed its financing costs.