Strive has priced its SATS Preferred Offering at $90, raising $630 million in a move that beats initial expectations.
Source
"Strive Prices SATS Preferred Offering at $90" — The Defiant
This article is Bitcoincryptos' summary and analysis of reporting originally published by The Defiant. Read the full original report at the link above.
The preferred offering, which comes with a $100 dividend base, implies a 16.7% simple annual yield at the offer price, surpassing SATA's initial 15%.
This development is significant for Strive, as it looks to expand its offerings and increase its revenue streams.
