BlockBeats News, January 22 — According to Cryptobriefing, the U.S.-listed Bitcoin treasury company Strive announced plans to raise $150 million through the issuance of Series A Perpetual Preferred Stock (SATA Stock). The company stated that the proceeds will be used to reduce outstanding debt, purchase Bitcoin and Bitcoin-related products, and support company growth.
This financing plan follows last week’s shareholder approval for Strive to acquire Semler Scientific. The acquisition is expected to be completed soon and will add over 5,000 Bitcoins to Strive’s balance sheet, increasing the company’s Bitcoin reserves to 12,798 Bitcoins.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
When to Buy Bitcoin Next? Analyst Outlines Exact Entry Levels
Bitcoin dumped hard in early February, plunging to a 15-month low of $60,000. This meant that it had shed over 50% of its value since early October when it peaked at over $126,000.
Although it has recovered roughly 20% since that low and sits close to $72,000 now, there are still some analysts
CryptoPotato1h ago
Bitcoin miner Soluna acquires $53M wind farm to power AI facility
Soluna Holdings, a publicly traded Bitcoin (BTC) mining and AI infrastructure company focused on renewable energy, announced on Thursday that it closed a $53 million deal to acquire a wind farm to power its upcoming Project Dorothy 3 AI data center campus.
The
Cointelegraph1h ago
Bitcoin’s $70K Ceiling Won’t Break and Here’s Why
_Bitcoin grinds in a tight range as whale delta stays deeply negative and open interest fails to expand with price, signaling trouble for bulls eyeing $70K._
Bitcoin is still stuck. Price pushed toward $69K Thursday and got sold immediately. Again.
That pattern has played out multiple times
LiveBTCNews1h ago
VALR Launches VALR Bitcoin and Gold Bundle (BITGOLD) for Diversified Exposure
[PRESS RELEASE – Johannesburg, South Africa, March 11th, 2026]
VALR, the largest crypto exchange in South Africa by trade volume, today announced the launch of its newest Crypto Bundle, the VALR Bitcoin and Gold Bundle (BITGOLD). This bundle provides investors with simplified exposure to both Bitco
CryptoPotato1h ago
Quantum-Powered Crypto Mining Is Here—But It Won't Help You Mine Bitcoin
In brief
Postquant Labs launched Quip Network, a blockchain testnet that allows mining with quantum computers or traditional hardware.
The system replaces Bitcoin-style hashing with optimization problems based on the Ising model.
The company says the network could also track quantum
Decrypt1h ago
