FILINGStrive (ASST) · 8-K · accepted Tuesday, Oct 20, 2026, 9:09 AM ET
Strive closed its upsized public offering of 7,000,000 shares of SATS at $90 per share
From Strive’s 8-K, accepted by the SEC on Oct 20, 2026 at 9:09 AM ET.
What it says
Strive reports closing of its upsized public offering of 7,000,000 shares of SATS at $90 per share, with the certificate of designation filed October 19, 2026 and SATS terms described.
The numbers
| Preferred shares outstanding · SATS | 7,000,000 shares | as of Oct 20 |
| Preferred stated amount · SATS | $100 | as of Oct 20 |
What it changed
mNAV
1.42xOct 19 close
1.46xOct 20 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
29,039Oct 19 close
29,039Oct 20 close
Bitcoin per diluted share × 100 million (Strive’s share count is our estimate between its reports)
Years of preferred dividends covered
18.5 yrsOct 19 close
18.8 yrsOct 20 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, Oct 20, 2026, 9:09 AM ET. Accession 0000950103-26-015849.
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.