Strive Seeks $4.2 Billion ATM Expansion to Increase #Bitcoin Holdings. Matt Cole, CEO of Strive, said the firm is increasing its SATA and ASST ATM programs by $2.1 billion each, bringing the combined expansion to $4.2 billion. The expanded capacity is intended to support additional Bitcoin purchases. This development comes after the company recently raised about $194 million through a preferred stock issuance under its SATA program, representing approximately 2,621 BTC at prevailing prices. With its latest holdings totaling about 16,500 BTC, valued at approximately $1.27 billion, Strive now ranks as the seventh-largest Bitcoin treasury company.
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