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FILINGStrive (ASST) · 8-K · accepted Monday, Oct 26, 2026, 7:50 AM ET

Strive entered a Sales Agreement with seven agents for a new $1.0B at-the-market program for SATS

From Strive’s 8-K, accepted by the SEC on Oct 26, 2026 at 7:50 AM ET.

What it says

Strive entered a Sales Agreement with seven agents for a new $1.0B at-the-market program for its SATS; no sales, bitcoin purchases or other figures are reported.

What it changed

mNAV
1.58xOct 23 close
1.45xOct 26 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
29,039Oct 23 close
33,066Oct 26 close
Bitcoin per diluted share × 100 million (Strive’s share count is our estimate between its reports)
Years of preferred dividends covered
18.4 yrsOct 23 close
13.9 yrsOct 26 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet). A year of dividends went from $182.4M to $287.4M: a new preferred counts once Strive’s reported cash and bitcoin include the money it raised, and this filing is the first that does

Also that day

Strategy bought back $204.9M of STRC8-K · 8:49 AM ETStrive bought 6,182 BTC, bringing its total to 43,000 BTC8-K · 7:59 AM ETThe Peel: Strive bought 6,182 BTC · Strategy bought back $205M of STRCMonday edition

Source

Form 8-K filed by Strive, Inc. with the SEC, accepted Monday, Oct 26, 2026, 7:50 AM ET. Accession 0000950103-26-016138.
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.