Strive, Inc., the publicly traded Bitcoin (BTC) treasury company led by Vivek Ramaswamy, announces plans to raise up to 500 million dollars through a new at-the-market stock offering.
According to a press release and filing with the Securities and Exchange Commission, Strive may also use funds to purchase income-generating assets or acquire businesses, assets, or technologies that complement its existing operations.
The company says proceeds from the offering of its Variable Rate Series A Perpetual Preferred Stock, or SATA Stock, will be used for multiple purposes, including acquiring Bitcoin and related products, repurchasing Class A shares, paying down debt, and funding working capital and capital expenditures.
The sale will be conducted pursuant to an existing automatic shelf registration statement and will follow rules governing at-the-market offerings under US securities law.
Strive currently holds approximately 7,525 Bitcoin as of November 7, 2025, making it one of the largest publicly traded Bitcoin treasury companies. Since launching its first ETF in August 2022, Strive Asset Management, LLC, a wholly owned subsidiary and SEC-registered investment adviser, has grown to manage over $2 billion in assets.
The company says the offering reflects its ongoing strategy to increase Bitcoin per share and grow shareholder value while maintaining flexibility to invest in new opportunities.
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