THE BLOCK: Bitcoin treasury firm Strive $ASST raised $630 million in gross proceeds after closing an upsized IPO of 7 mi | Hanami
THE BLOCK: Bitcoin treasury firm Strive $ASST raised $630 million in gross proceeds after closing an upsized IPO of 7 million shares of its 15% SATS preferred stock.
The company previously said it may use the proceeds for $BTC purchases, income-generating assets, working capital, and other corporate purposes.