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ETH $1,881.47 -4.73%
BNB $642.24 -5.28%
XRP $1.24 -1.52%
SOL $75.39 -4.45%
TRX $0.3322 -2.69%
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ADA $0.2175 -2.46%
BCH $250.00 -12.08%
LINK $8.58 -2.58%
HYPE $72.93 +0.70%
AAVE $76.54 -1.08%
SUI $0.8355 -0.96%
XLM $0.2288 -1.13%
ZEC $597.91 +4.67%

Strive: Plans to issue additional SATA to increase holdings of 175,000 BTC

2026-06-03 18:44:52
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Jeff Walton (@PunterJeff) of Strive stated that Strive is raising funds at an average daily rate of $8.1 million, which, if used to pay dividends, could support the issuance of $15.5 billion in SATA tokens. Jeff Walton mentioned that this amount of funds is equivalent to buying approximately 175,000 BTC at current prices, which would increase its total BTC holdings to 10 times the current size.

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