Strive’s SATA has rebounded significantly after plummeting in mid-June. The recovery suggests that investors may be regaining confidence in preferred-share products used by Bitcoin treasury companies. This type of product is designed to provide a stable source of funding for businesses holding large amounts of Bitcoin.
Source
"Strive's SATA Recovers from June Decline" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
SATA's price has risen to within 3% of its par value, indicating a notable turnaround from the lows experienced last month.