Strive

Strive said it raised the dividend rate on its SATA preferred stock to 12.75%, narrowed the trading range guidance, and added 179 bitcoin to its balance sheet.

Investment bank B. Riley assigned Strategy Inc. (NASDAQ:MSTR) and Strive, Inc. (NASDAQ:ASST) Buy ratings and price targets of $175 and $12, respectively. 

Strive raised $225 million in an oversubscribed preferred stock offering to pay down Semler-related debt and buy more bitcoin.

Strive ($ASST) plans to raise up to $150 million through a follow-on offering of its SATA preferred stock to retire convertible debt, buy more Bitcoin, and support corporate needs.

Strive has won shareholder approval to acquire Semler Scientific in an all-stock deal that adds more than 5,000 bitcoin to its balance sheet, lifting combined holdings to nearly 12,800 BTC.

Vivek Ramaswamy's Strive is looking to raise $500 million via sales of its Variable Rate Series A Perpetual Preferred Stock to buy more bitcoin.

Bitcoin For Corporations (BFC) challenged MSCI’s plan to exclude companies with over 50% of assets in digital assets, arguing it unfairly penalizes operating businesses.

Strive Asset Management warned MSCI that its plan to exclude bitcoin-heavy companies from major benchmarks could create inconsistent results due to differing accounting standards.

With bitcoin treasury company mNAVs collapsing below 1, it made perfect sense for Strive to gobble up Semler Scientific in an all-stock deal. Also: bitcoin price falls from $116,000 to $112,000 on crypto liquidation scare; Metaplanet, Saylor and Capital B stack more bitcoin.

Strive’s $675M Bitcoin buy and merger with Semler form one of the world’s largest corporate Bitcoin treasuries.