#strive-finance News & Analysis

2 articles tagged with #strive-finance. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

2 articles

CryptoBullishNewsBTC · Jun 27/10

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Strive Seeks $4.2 Billion ATM Expansion To Fund More Bitcoin Purchases

Strive, a Bitcoin treasury company, is expanding its ATM (at-the-market) programs by $4.2 billion total ($2.1 billion each for ASST and SATA securities) to fund accelerated Bitcoin acquisitions. The company currently holds approximately 16,500 BTC and ranks seventh among public corporate Bitcoin holders, with its innovative SATA perpetual preferred stock emerging as a key financing mechanism for its treasury accumulation strategy.

$BTC

DeFiBearishCrypto Briefing · Jun 196/10

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Strive CEO Matt Cole says STRC and SATA sell-off was a leverage liquidation, not a credit problem

Strive CEO Matt Cole attributed the June 19 sell-off of STRC and SATA tokens to leverage liquidations rather than fundamental credit issues, highlighting how margin-driven volatility can trigger cascading liquidations in digital credit markets. The incident underscores the systemic risk posed by excessive leverage and the need for improved risk management frameworks in cryptocurrency lending protocols.