FILINGStrive (ASST) · 8-K · accepted Wednesday, Jan 21, 2026, 5:14 PM ET
Strive a proposed $150M follow-on offering of SATA preferred stock
From Strive’s 8-K, accepted by the SEC on Jan 21, 2026 at 5:14 PM ET.
What it says
Strive announced a proposed $150M follow-on offering of SATA preferred stock, with proceeds to retire Semler convertible notes and Coinbase loan and to buy bitcoin, and said it holds about 12,797.6 bitcoin as of January 16, 2026.
What it changed
mNAV
0.90xJan 21 close
0.88xJan 22 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
28,587Jan 21 close
28,587Jan 22 close
Bitcoin per diluted share × 100 million (Strive’s share count is our estimate between its reports)
Years of preferred dividends covered
49.1 yrsJan 21 close
49.2 yrsJan 22 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 Wednesday, Jan 21, 2026, 5:14 PM ET. Accession 0001140361-26-001875.
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.