Strive lists 15% SATS preferred, raising $630M to chase No. 2 bitcoin spot

Crypto Insight Summary: Strive, Inc. (Nasdaq: ASST) has raised about $630 million by selling a new preferred stock that pays a 15% yield, The company has shared that it plans to use some of the money to buy bitcoin as it pushes to become the second-largest corporate holder of the asset. How much does SATS pay? Strive has... Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: New institutional investment could boost BTC demand and price.