Strive’s SATA secures funding to buy more than 280 BTC

BitcoinTreasuries said Strive’s SATA traded within $0.05 of its $100 par value in premarket trading. Strive has been accumulating substantial amounts of BTC each week since Aug. 10, and the funds raised through SATA so far this week are enough to buy more than 280 BTC. SATA can issue new shares to raise money for Bitcoin purchases only when its share price is above the $100 par value.