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CRYPTO · DIGEST · BTCBTC-0.6%Strive SATA hits $1B milestone

Strive's SATA token nears $1 billion market cap after raising capital through preferred stock sales

digest · 2 sources
2 independentfirst seen published latency 15 min

Strive added 1,375 bitcoin to its holdings as the SATA token neared a Strive’s SATA nears $1 billion market cap as Strategy’s STRC continues to underperform.CoinDesk · · read it at the source market cap, according to The Block. CEO Matt Cole said Strive CEO Matt Cole said 70% of the capital raised during the week came from sales of its SATA perpetual preferred stock.The Block · · read it at the source of capital raised during the week came from sales of SATA perpetual preferred stock. Meanwhile, Strategy’s STRC token has continued underperforming relative to SATA’s gains, CoinDesk reported.

Sources: CoinDesk, The Block

This article is for information only and is not financial advice.

What the market did

Price reaction+0.30%BTC
Independent outlets2
Reports per hour1.17
Noveltyfollow-up2 outlet(s), 38 min spread
Before the headlinenothing above $100,000,000 in the 60 minutes beforea random hour: 13.1%

Each figure is this site’s own reading, with what it was measured against. A blank is a reading nobody took, not a zero. The before-the-headline window prints the rate a RANDOM hour clears the same bar, because a hit rate without its null is not a finding.

Tags: SATA, Strive, Bitcoin

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