Strive Sets Up $1 Billion ATM Program for SATS Preferred Stock
Strive says proceeds may fund general corporate needs, including Bitcoin purchases. The program follows the close of its first large SATS raise.
Strive has set up a $1 billion at-the-market program for its SATS preferred stock. The company said the proceeds can fund general corporate needs, and Bitcoin purchases are on that list.The ATM arrives right after Strive's first big SATS raise closed.That flexibility matters for Strive (Nasdaq: ASS…