SATA Strive, Inc.
Price Chart
Executive Summary
Strive, Inc. disclosed it purchased 2,500 bitcoin for ~$185.2M (avg $74,092/btc) between May 23–June 1, 2026, funded by a $44M cash increase and significant equity issuance: 3.19M Class A common shares and 1.75M SATA preferred shares. Bitcoin holdings rose to 19,000 BTC. The filing is a routine treasury update with no financial results or guidance.
Actionable Insight
The bitcoin purchase was funded primarily via equity issuance (common + preferred), not operating cash flow. Monitor future ATM usage and preferred dividend coverage. The bitcoin treasury strategy continues to expand, but the dilutive funding mechanism warrants attention for preferred holders.
Key Facts
- Purchased 2,500 bitcoin at avg price of ~$74,092 per bitcoin, total ~$185.2M
- Cash and cash equivalents increased from $93.3M to $137.3M (+$44M)
- Bitcoin holdings rose from 16,500 to 19,000 BTC
- Class A common shares outstanding increased by 3,190,618 (from 65,898,527 to 69,089,145)
- SATA preferred shares outstanding increased by 1,754,188 (from 5,759,719 to 7,513,907)
- Fair value of STRC Stock (Strategy Inc. preferred) decreased by $0.6M to $49.5M
Financial Impact
~$185.2M deployed for bitcoin acquisition, funded by ~$44M cash increase and ~$141M in equity issuance (common + preferred). No revenue or earnings impact disclosed.
Risk Factors
- Dilution from 3.19M new common shares and 1.75M new preferred shares
- Bitcoin price volatility could impair balance sheet if BTC declines materially
- Continued reliance on equity issuance to fund bitcoin purchases may pressure per-share metrics
Market Snapshot
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001628280-26-039677 |
| Document: 0001628280-26-039677-index-headers.html | 0001628280-26-039677 |
| Document: 0001628280-26-039677-index.html | 0001628280-26-039677 |
| Document: 0001628280-26-039677.txt | 0001628280-26-039677 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
today
|
424B5
| $94.50 awaiting T+1 | awaiting T+1 | — | $94.35 (+0.16%) |
|
Jun 2, 2026
3d ago
|
8-K
| $97.32 $96.91 | ▼ −0.42% | ▲ +0.27% | $94.35 (−3.05%) |
|
Jun 1, 2026
4d ago
|
8-K
| $99.56 $97.32 | ▲ +2.25% | ▲ +2.39% | $94.35 (+5.23%) |
|
May 26, 2026
10d ago
|
8-K
| $100.01 $100.01 | · 0.00% | ▼ −0.01% | $94.35 (−5.66%) |
|
May 19, 2026
17d ago
|
8-K
| $100.01 $100.00 | ▼ −0.01% | ▼ −1.05% | $94.35 (−5.66%) |
|
May 14, 2026
22d ago
|
8-K
| — | awaiting T+1 | — | — |
|
May 14, 2026
22d ago
|
8-K
| — | awaiting T+1 | — | — |
|
May 4, 2026
4w ago
|
8-K
| $99.29 $99.59 | ▲ +0.31% | ▼ −0.49% | $94.35 (−4.97%) |
|
Apr 27, 2026
5w ago
|
8-K
| $98.91 $99.99 | ▲ +1.10% | ▲ +1.58% | $94.35 (−4.61%) |
|
Apr 15, 2026
7w ago
|
8-K
| $98.62 $99.26 | ▲ +0.65% | ▲ +0.40% | $94.35 (−4.33%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access