Strive Raises $700 Million at 2x Oversubscription, Eyes No. 2 Spot in Bitcoin Treasury Rankings

Strive Raises $700 Million at 2x Oversubscription, Eyes No. 2 Spot in Bitcoin Treasury Rankings

N
News Editor
2026-10-20 16:11:08
Odaily, citing a post from Bitcoin Treasuries, reported that Strive (ASST) has raised $700 million and the deal was oversubscribed by 2x. The company is described as pushing for the No. 2 position in the Bitcoin treasury rankings. As of the latest update, its Bitcoin treasury holdings total 36,818 BTC. The post also said SATS has started trading. In addition, @GrafYves, @TheOtherParker_, and @TylerCompiler are set to break down the development, with part of the discussion focused on whether STRC is mispriced relative to SATA. No further details were provided in the brief update.

Odaily reported, citing Bitcoin Treasuries, that Strive (ASST) is moving to challenge for the No. 2 position in the Bitcoin treasury rankings.

According to the post, Strive has raised $700 million, with the offering oversubscribed by 2x. Its Bitcoin treasury holdings now total 36,818 BTC.

The update also said that SATS has started trading. @GrafYves, @TheOtherParker_, and @TylerCompiler are expected to provide commentary, and the discussion will also cover whether STRC is mispriced relative to SATA.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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