CoinVoice has learned that, according to Globenewswire, the U.S.-listed Bitcoin treasury company Strive announced plans to issue 1.32 million shares of Strive Variable Rate A Series Perpetual Preferred Shares (SATA), with an offering price of $90 per share, representing an increase from the previously announced $150 million transaction size.
In addition, Strive also expects to reach private negotiation exchange agreements with some Semler convertible bondholders, involving a total of $90 million. These Semler convertible bonds can be exchanged for approximately 930,000 newly issued SATA shares.
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CoinVoice has learned that, according to Globenewswire, the U.S.-listed Bitcoin treasury company Strive announced plans to issue 1.32 million shares of Strive Variable Rate A Series Perpetual Preferred Shares (SATA), with an offering price of $90 per share, representing an increase from the previously announced $150 million transaction size.
In addition, Strive also expects to reach private negotiation exchange agreements with some Semler convertible bondholders, involving a total of $90 million. These Semler convertible bonds can be exchanged for approximately 930,000 newly issued SATA shares.