FILINGStrive (ASST) · 8-K · accepted Tuesday, Dec 9, 2025, 5:29 PM ET
Strive 8-K reports a new $500M SATA at-the-market sales agreement (Dec 9
From Strive’s 8-K, accepted by the SEC on Dec 9, 2025 at 5:29 PM ET.
What it says
Strive 8-K reports a new $500M SATA at-the-market sales agreement (Dec 9, 2025), an increase in authorized SATA shares to 20,000,000, a letter agreement with Vivek Ramaswamy on Class B conversion, and a statement that Strive holds approximately 7,525 bitcoins as of November 7, 2025.
The numbers
| Bitcoin held | 7,525 BTC | as of Nov 7 |
What it changed
mNAV
1.36xDec 9 close
1.35xDec 10 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
17,830Dec 9 close
17,830Dec 10 close
Bitcoin per diluted share × 100 million (Strive’s share count is our estimate between its reports)
Years of preferred dividends covered
33.6 yrsDec 9 close
33.4 yrsDec 10 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet)
Also that day
Source
Form 8-K filed by Strive, Inc. with the SEC, accepted Tuesday, Dec 9, 2025, 5:29 PM ET. Accession 0001140361-25-045044.
Summary and figures read from the filing by Orange Paper’s filing reader and checked before publishing. Calculations (pro forma and close figures) are ours.