TL;DR:
- Market monitor BitcoinTreasuries.NET estimated an accumulated purchasing capacity of 1,192 BTC through the SATA preferred share program as of August 28, 2026.
- Strive held 21,356 BTC on its corporate balance sheet following a previously disclosed acquisition of 1,110 coins reported on August 24, 2026.
- SATA perpetual preferred shares traded at or above their $100 par value, enabling the reactivation of at-the-market offerings.
During the final weeks of August, Strive’s SATA financial instrument generated an estimated capital volume sufficient to finance the purchase of 1,192 Bitcoin. The monitoring model developed by BitcoinTreasuries.NET reported that trading activity in the U.S. market reactivated the firm’s capital issuance capacity.
JUST IN: Strive's $SATA has funded over 100 #Bitcoin in purchases again today, less than two hours into trading.
Projected at 1,192 bitcoin:native and counting funded from $SATA alone this week. pic.twitter.com/09tRDG4own
— BitcoinTreasuries.NET (@BTCtreasuries) August 28, 2026
The calculated figure stems from an algorithmic estimation model tracking the company’s at-the-market (ATM) equity offering program. According to BitcoinTreasuries.NET, this metric reflects potential purchasing power derived from exchange trading volume rather than an officially executed asset acquisition.
Between August 24 and August 28, 2026, Bitcoin traded between $78,000 and $80,000. Data from the analytics platform indicates that liquidity generated through this equity channel reached between $93 million and $95 million.
The company has not filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC) confirming treasury purchases during that window. Industry analysts note that formal regulatory filings typically appear several days after market execution.
As of August 21, 2026, Strive’s corporate reserves stood at 21,356 BTC. Company filings show an initial baseline of 7,525 BTC in November 2025, marking a 184% increase in holdings over a nine-month period.
Strive’s Issuance Mechanism and Capital Structure
The Variable Rate Series A Perpetual Preferred Stock trades under the ticker SATA on the Nasdaq. Corporate filings detail that the security carries a $100 liquidation preference per share, senior to common equity.
Strive maintains an annualized dividend rate of 13% on par value. Market reports state that distributions are paid on each business day declared by the board of directors.
Whenever the security trades above $100, the placement facility resumes. Under the technical structure of the mechanism, selling shares at a premium to par value captures net capital without incurring traditional debt or collateralized lending agreements.
In SEC filings submitted in June 2026, Strive authorized ATM facilities of up to $2.6 billion for SATA and $2.55 billion for its ASST common stock. The framework allows incremental equity sales matched against order book depth.
The second-quarter 2026 balance sheet showed cash and cash equivalents of $171.9 million. Regulatory reports also verified a fixed position of 505,000 STRC preferred shares valued at $48.57 million.
Strive’s executive leadership emphasizes that the approach aims to maintain an unencumbered treasury with no debt secured by its cryptocurrency holdings. Concurrently, risk disclosures filed with the SEC highlight that continuous issuance of SATA or ASST shares could dilute common shareholders depending on underlying asset volatility.
Financial markets await Strive’s upcoming Form 8-K filing with the SEC to confirm the final count of Bitcoin acquired during the final week of August 2026.
