Strive Adds 1,223 BTC, Holdings Reach 36,818 BTC Ahead of $700M SATS Settlement

Strive's disclosure puts it in the small cohort of listed companies whose bitcoin accumulation is now large enough to be a balance-sheet story rather than a side bet, and the preferred-stock leg of the SATS transaction shows how these vehicles are increasingly funded with structured instruments rather than plain equity. The detail that matters is timing: the settlement lands days after a heavy purchase week, so the market gets a near-simultaneous read on both the company's buying pace and its cost of capital. Whether that preferred structure proves repeatable for further accumulation is the open question.