Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Strive proposes $150 million preferred stock sale to repay debt, buy bitcoin
Source: CryptoNewsNet Original Title: Strive proposes $150 million preferred stock sale to repay debt, buy bitcoin Original Link: https://cryptonews.net/news/finance/32318026/ Strive (ASST), a bitcoin treasury and asset management company, announced plans for a $150 million follow-on sale of its Variable Rate Series A Perpetual Preferred Stock, SATA (SATA).
The proceeds will be used repay or repurchase portions of debt issued by Semler Scientific, which Strive bought earlier this month in an all-stock transaction. In addition, the funds will also be used toward discharging Semler’s borrowings from a certain compliance platform and the acquisition of more bitcoin.
Strive, which has the 11th-largest bitcoin stash among publicly traded companies, is negotiating private exchanges with certain noteholders to swap some or all convertible notes for SATA stock. Any exchanges would be exempt from registration, would not generate cash proceeds and could reduce the size of the public offering.