FILINGStrive (ASST) · 8-K · accepted Friday, Oct 16, 2026, 8:00 AM ET
Strive priced an upsized underwritten offering of 7,000,000 shares of SATS at $90 per share
From Strive’s 8-K, accepted by the SEC on Oct 16, 2026 at 8:00 AM ET.
What it says
Strive announced pricing of an upsized underwritten offering of 7,000,000 shares of SATS at $90 per share, about $630M gross proceeds, settling October 20, 2026.
What it changed
mNAV
1.47xOct 15 close
1.36xOct 16 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
28,973Oct 15 close
29,039Oct 16 close
Bitcoin per diluted share × 100 million (Strive’s share count is our estimate between its reports)
Years of preferred dividends covered
16.7 yrsOct 15 close
18.5 yrsOct 16 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 Friday, Oct 16, 2026, 8:00 AM ET. Accession 0000950103-26-015690.
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.