The Strive plan raises $150 million through the issuance of preferred shares to purchase Bitcoin and repay debt.

MarsBitNews · 2026-01-22T00:47:05+00:00

Bitcoin treasury company Strive, listed on the US stock market, plans to raise $150 million through the issuance of Series A perpetual preferred shares. The funds will be used to reduce debt, purchase Bitcoin, and support company growth. This financing follows the acquisition of Semler Scientific and is expected to increase Bitcoin holdings by over 5,000 coins.

MarsBitNews

2026-01-22 00:47:05

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Mars Finance News, on January 22, according to Cryptobriefing, the US-listed Bitcoin treasury company Strive announced plans to raise $150 million through the issuance of Series A Perpetual Preferred Shares (SATA Stock). The company stated that the proceeds will be used to reduce outstanding debt, purchase Bitcoin and Bitcoin-related products, and support company growth. This financing plan follows last week’s shareholder approval for Strive to acquire Semler Scientific. The acquisition is expected to be completed soon and will add over 5,000 Bitcoins to Strive’s balance sheet, increasing the company’s Bitcoin reserves to 12,798 Bitcoins.

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