Strive’s SATA preferred share program generated an estimated purchasing capacity of 1,192 BTC by August 28, 2026, according to market monitor BitcoinTreasuries.NET.
The company held 21,356 BTC on its corporate balance sheet after previously disclosing the acquisition of 1,110 coins on August 24. SATA perpetual preferred shares traded at or above their $100 par value, allowing Strive to reactivate its at-the-market (ATM) offering.
Strive’s SATA program generates estimated Bitcoin purchasing capacity
During the final weeks of August, Strive’s SATA financial instrument generated an estimated capital volume sufficient to finance the purchase of 1,192 Bitcoin. BitcoinTreasuries.NET said its monitoring model indicated that trading activity in the U.S. market had restored the company’s capital issuance capacity.
JUST IN: Strive’s $SATA has funded over 100 #Bitcoin in purchases again today, less than two hours into trading.
Projected at 1,192 bitcoin:native and counting funded from $SATA alone this week. pic.twitter.com/09tRDG4own
— BitcoinTreasuries.NET (@BTCtreasuries) August 28, 2026
The figure is an algorithmic estimate based on Strive’s ATM equity offering program. BitcoinTreasuries.NET said the metric represents potential purchasing power generated by exchange trading volume rather than an officially confirmed asset acquisition.
Between August 24 and August 28, 2026, Bitcoin traded between $78,000 and $80,000. Data from the analytics platform indicated that liquidity generated through the equity channel reached between $93 million and $95 million.
Strive had not filed a Form 8-K with the U.S. Securities and Exchange Commission confirming treasury purchases during that period. Industry analysts have noted that regulatory filings typically appear several days after market execution.
As of August 21, 2026, Strive’s corporate reserves stood at 21,356 BTC. Company filings show an initial baseline of 7,525 BTC in November 2025, representing a 184% increase in holdings over nine months.
How Strive’s SATA issuance mechanism works
Strive’s Variable Rate Series A Perpetual Preferred Stock trades on the Nasdaq under the ticker SATA. Corporate filings state that the security has a $100 liquidation preference per share, ranking senior to common equity.
Strive maintains an annualized dividend rate of 13% on the preferred stock’s par value. Market reports state that distributions are paid on each business day declared by the board of directors.
The placement facility resumes whenever SATA trades above $100. Under the mechanism’s structure, selling shares at a premium to par value allows Strive to raise net capital without using traditional debt or collateralized lending agreements.
In SEC filings submitted in June 2026, Strive authorized ATM facilities of up to $2.6 billion for SATA and $2.55 billion for its ASST common stock. The framework allows incremental equity sales matched against available order-book depth.
Strive’s second-quarter 2026 balance sheet reported $171.9 million in cash and cash equivalents. Regulatory reports also verified a fixed position of 505,000 STRC preferred shares valued at $48.57 million.
The company’s executive leadership has emphasized that the strategy is intended to maintain an unencumbered treasury without debt secured by its cryptocurrency holdings. At the same time, risk disclosures filed with the SEC warn that continued issuance of SATA or ASST shares could dilute common shareholders, depending on underlying asset volatility.
Markets are awaiting Strive’s upcoming Form 8-K filing with the SEC to confirm the final number of Bitcoin acquired during the final week of August 2026.