Strive perpetual preferred stock reaches a par value of $100, expected acceleration in Bitcoin purchases

2026-01-28 23:19:02

Abstract generation in progress

The strategy of cryptocurrency Bitcoin reserve company Strive has reached a new turning point. Last week, Strive’s perpetual preferred stock (SATA) hit a historic milestone by reaching the par value of $100 per share, opening a new capital raising channel for additional Bitcoin acquisition. This move, based on CoinDesk reports, will empower Strive’s aggressive Bitcoin accumulation strategy.

Market Implications of Surpassing the $100 Par Value

Trading of SATA shares above their par value signals that the market views Strive’s Bitcoin holding strategy and dividend model positively. The stock offers a dividend yield of 12%, with an actual yield of 12.2%.

What is even more noteworthy is the securing of a cash fundraising pathway. When trading above par value, Strive can utilize the at-the-market (ATM) issuance channel to raise new funds. This mechanism allows the company to continuously expand its Bitcoin holdings.

Strengthening Strive’s Bitcoin Purchase Capacity and Portfolio Status

Currently, Strive holds 12,797 Bitcoins. The common stock price remains around $0.94, and the additional capital raised through reaching the SATA par value is expected to serve as a catalyst for future increases in holdings.

This growth approach through stock issuance enables the company to accelerate Bitcoin purchases without diluting existing shareholders. It is regarded as a dual strategy that attracts investors with dividend yields while expanding assets.

Comparison of Par Value Strategies with Competitor STRC

Another Bitcoin reserve company, Strategy, with its similar product Stretch (STRC), reached its par value earlier last month. An interesting point is the recent trading activity of STRC. Last week, trading volume reached $755 million, with $582 million traded at prices above par value, setting a weekly high.

As Strive’s SATA now achieves the same level of par value, the competition between the two companies for Bitcoin accumulation is expected to intensify. The activity of trading above par value signals that these companies have sufficient capital to buy Bitcoin and reflects the market’s demand competition for Bitcoin.

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