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FILINGStrive (ASST) · 8-K · accepted Wednesday, Oct 14, 2026, 7:59 AM ET

Strive says all PIPE traditional warrants were exercised for expected gross proceeds of $369.2M from Oct

From Strive’s 8-K, accepted by the SEC on Oct 14, 2026 at 7:59 AM ET.

What it says

Strive reports that all PIPE traditional warrants were exercised for expected gross proceeds of $369.2M from Oct 12-13, 2026, and that it bought 2,822 bitcoin at an average price of about $83,266.

The numbers

Shares under warrants0 sharesas of Oct 13

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

The 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 Wednesday, Oct 14, 2026, 7:59 AM ET. Accession 0001628280-26-065816.
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.