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FILINGStrive (ASST) · 8-K · accepted Tuesday, Oct 13, 2026, 4:34 PM ET

Strive intends to conduct an initial public offering of 5,000,000 shares of SATS

From Strive’s 8-K, accepted by the SEC on Oct 13, 2026 at 4:34 PM ET.

What it says

Strive announced via 8-K that it intends to conduct an initial public offering of 5,000,000 shares of its SATS, subject to market conditions.

What it changed

mNAV
1.53xOct 13 close
1.43xOct 14 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
28,973Oct 13 close
28,973Oct 14 close
Bitcoin per diluted share × 100 million (Strive’s share count is our estimate between its reports)
Years of preferred dividends covered
16.9 yrsOct 13 close
16.6 yrsOct 14 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet)

Also that day

Strive bought 3,311 BTC, bringing its total to 32,773 BTC8-K · 8:00 AM ETStrive set SATA’s rate at 13.00%8-K · 8:00 AM ETStrategy bought 250 BTC, bringing its total to 848,250 BTC; bought back $192.4M of STRC8-K · 8:00 AM ETThe Peel: SATS’s first day: closed at $94.61 · Strive filed two 8-KsWednesday edition

Source

Form 8-K filed by Strive, Inc. with the SEC, accepted Tuesday, Oct 13, 2026, 4:34 PM ET. Accession 0001628280-26-065737.
Read the filing on SEC EDGAR ↗
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.
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Orange Paper reads every Strategy and Strive filing as it lands and checks each figure before publishing. Figures from filings link to SEC EDGAR; our own calculations are labelled. Not investment advice.