Strive, Inc. may offer and sell shares of its 15.00% Series A Perpetual SATS Preferred Stock having an aggregate offering price of up to $1,000,000,000, from time to time in sales deemed to be an at-the-market offering. Strive may use net proceeds for general corporate purposes, and management retains broad discretion over their allocation. Sales agents may receive commissions of up to 2.0% of gross proceeds per sale. The last reported sale price was $94.88 per share on October 23, 2026.
The shares carry cumulative dividends at 15.00% annually on a $100 stated amount, payable in cash when declared and from funds legally available. Strive announced a first scheduled dividend of $0.8710 per share payable November 9, 2026, and daily dividends of $0.0658 per share for each business day from November 10 through November 30, 2026. There were 7,000,000 SATS shares outstanding as of October 26, 2026.
Strive, Inc. (ASST) declared a first cash dividend of $0.8710 per share on its 15.00% Series A Perpetual SATS Preferred Stock, payable November 9, 2026, to holders of record November 6, 2026. The initial payment covers October 21 through November 9, 2026.
For November 10 through November 30, 2026, Strive declared daily dividends of $0.0658 per share per business day, or $0.8554 per share across 13 business days, with each payment made to holders of record on the preceding business day. The shares accrue cumulative dividends at 15.00% annually on a $100.00 stated amount per share. Strive says it has no accumulated earnings and profits and does not expect current earnings and profits in the current year or foreseeable future; distributions generally will be treated as tax-deferred recovery of capital for U.S. investors, to the extent of tax basis, and exempt from U.S. dividend withholding tax for non-U.S. investors.
Strive, Inc. (ASST) closed an underwritten offering of 7,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock at a public offering price of $90 per share. The shares were expected to begin trading on the Nasdaq Global Market under SATS on or around October 20, 2026.
SATS accumulates dividends at 15.00% annually on a stated amount of $100 per share. Dividends are payable solely in cash when, as and if declared by the board and out of funds legally available. Regular dividend dates begin November 9, 2026. At closing, Strive funded a dividend reserve with an amount equivalent to $22.50 per share, calculated to cover the first 18 months of dividend payments, using existing cash and securities.
SATS ranks ahead of Strive’s Class A and Class B common stock for dividends and liquidation distributions, but behind SATA preferred stock, existing and future indebtedness, and subsidiary liabilities. Holders may require cash repurchase following a defined “Fundamental Change”; Strive may redeem all, but not part, of the SATS shares under specified conditions.
Strive, Inc. (ASST) purchased 4,045 bitcoin from October 12 through October 16, 2026, at an average price of approximately $82,803 per bitcoin, inclusive of fees and expenses. Bitcoin holdings were 36,818 as of October 16, versus 32,773 as of October 9; cash and cash equivalents were $317.5 million, versus $310.3 million on those dates. Effective common shares outstanding were 124,064,126 as of October 16, versus 110,387,204 as of October 9.
From October 12 through October 13, 273,493,909 traditional warrants were exercised to purchase 13,674,703 Class A shares, generating approximately $369.2 million in gross proceeds; remaining traditional warrants expired unexercised on October 13, and none remained outstanding as of October 16. Strive priced an underwritten public offering of 7,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock at $90.00 per share ($700 million aggregate stated amount). Expected proceeds are approximately $630 million before underwriting discounts, commissions and estimated offering expenses. Settlement is scheduled for October 20, subject to customary closing conditions; no SATS shares were outstanding and no proceeds had been received as of the dates presented.
Strive, Inc. is offering 7,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock. The public offering price is $90.00 per share, for a total public offering price of $630,000,000; estimated net proceeds are $608,150,000 after underwriting discounts and estimated expenses. The stock has a $100 stated amount and initial liquidation preference per share, and accumulates cumulative dividends at 15.00% annually on that amount. Cash dividends are payable when declared from legally available funds. Strive currently anticipates declaring the first payment on November 9, 2026; if declared in full and the offering closes October 20, 2026, it would be approximately $0.8710 per share.
At closing, Strive intends to fund a dividend reserve equivalent to $22.50 per share. The net proceeds are intended for general corporate purposes, including bitcoin purchases, working capital, income-generating assets, capital expenditures, repurchases and acquisitions. SATS ranks senior to common stock but junior to SATA and future indebtedness, and carries limited voting rights.
Strive, Inc. (ASST) priced an underwritten offering of 7,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock at $90 per share, an increase of 2,000,000 shares over the amount previously announced. Settlement is scheduled for October 20, 2026, subject to customary closing conditions. Strive estimates gross proceeds of approximately $630 million before underwriting discounts, commissions and estimated offering expenses.
Strive intends to use net proceeds for general corporate purposes, including bitcoin and bitcoin-related products, working capital, income-generating assets, capital expenditures, share repurchases or acquisitions. The shares accrue cumulative dividends at 15.00% per year on a $100 stated amount; regular dividends are payable when, as and if declared. Regular dividend dates begin November 9, 2026. At closing, Strive intends to add an amount equal to the first 18 months of dividend payments to its reserve, equivalent to $22.50 per share.
Strive may redeem all, but not part, of the SATS Stock if the outstanding shares fall below 25% of the shares originally issued in this and future offerings, or if certain tax events occur. Holders may require repurchase of some or all of their shares following a defined “fundamental change.”
Strive, Inc. (ASST) reported that 273,493,909 traditional warrants to purchase 13,674,703 shares of Class A common stock were exercised from October 12, 2026 through October 13, 2026, for expected gross proceeds of $369.2 million. As of close of business on October 13, 2026, no traditional warrants issued in connection with the PIPE transaction remained outstanding.
From October 12, 2026 through October 13, 2026, Strive also purchased 2,822 bitcoin.
Strive, Inc. (ASST) ownership disclosures were amended to reflect updated percentages following the company’s ongoing issuance of Class A Common Stock through its at-the-market equity offering program. Vivek Ramaswamy reported beneficial ownership of 5,693,897 shares (5.6%); Virtuous Industries LLC reported 106,245 shares (0.1%). Both amounts assume conversion of Class B Common Stock into Class A Common Stock.
Strive, Inc. (ASST) intends, subject to market and other conditions, to conduct an initial public offering of 5,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock. Strive intends to use net proceeds for general corporate purposes, including bitcoin and bitcoin-related products, working capital, income-generating assets, capital expenditures, repurchases of its Class A common stock or SATA preferred stock, and acquisitions that complement its business.
Dividends would accumulate at 15.00% per annum on a $100 stated amount per share and are payable when, as and if declared by the board, from funds legally available. Regular dividend dates are each business day beginning November 9, 2026. At closing, Strive intends to establish a reserve equal to the first 18 months of dividend payments, calculated as of the offering date, by depositing an equivalent of $22.50 per share, funded with existing cash and securities. Holders may require repurchase following a fundamental change at the stated amount plus accumulated and unpaid regular dividends.
Strive, Inc. is offering 5,000,000 shares of 15.00% Series A Perpetual SATS Preferred Stock. Each share has a $100 stated amount and an initial $100 liquidation preference, which will not be adjusted below $100. Dividends accumulate at 15.00% annually on the stated amount, but cash payments are payable only when declared from legally available funds. At closing, Strive intends to add $22.50 per share to its dividend reserve, an amount equal to the first 18 months of dividend payments calculated as of the offering date.
Net proceeds are intended for general corporate purposes, including bitcoin purchases, working capital, income-generating assets, capital expenditures, share repurchases and acquisitions; management retains broad discretion. Strive has applied to list SATS on The Nasdaq Global Market; if approved, trading is expected within 30 days after first issuance. SATS ranks senior to Class A and Class B common stock but junior to SATA stock and future indebtedness. As of October 9, 2026, Strive reported no consolidated indebtedness and 14,030,176 SATA shares outstanding.