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Strive Raises $500 Million to Buy Bitcoin via New Preferred Shares

The company issues new preferred shares with a fixed 15% dividend yield to fund additional bitcoin purchases.

2 publishers · 2 articles · first seen 13 Oct 2026 · updated 3h ago

The story so far

2 publishers have covered this in 2 articles since 13 Oct 2026. CoinDesk published first, on 13 October at 23:23 UTC; The Block followed 15h 10m later. The most recent article, from The Block, appeared on 14 October at 14:32 UTC.

Outlets reporting it: CoinDesk (major outlet), The Block.

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Sources

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  1. Strive raising $500 million to buy additional bitcoin with new preferred share class CoinDesk ·
  2. Strive buys $235 million in bitcoin as warrant exercises yield $369 million The Block

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