Strive Adds 1,375 BTC as SATA Fund Nears One Billion Dollars

Strive just announced the addition of 1,375 Bitcoin to its balance sheet. This move comes as the firm’s SATA perpetual preferred stock product gains significant traction among investors. According to CEO Matt Cole, sales of this specific stock accounted for 70 percent of the total capital raised by the company over the past week.

The influx of capital has brought the SATA fund close to the one billion dollar mark in total assets. This growth highlights a steady demand for investment vehicles that provide direct exposure to Bitcoin for institutional and retail holders alike.

Investors are now watching to see if the fund can officially cross the billion dollar threshold in the coming days. As more firms expand their treasury reserves, the focus remains on how these inflows impact the overall supply of Bitcoin available on the open market.