Strive’s IPO for SATA was oversubscribed, raising 160 million USD, with the offering increased to 2 million shares priced at 80 USD each.
The company purchased 1,567 BTC during a price drop below 100,000 USD at an average price of 103,315 USD, totaling approximately 162 million USD.
SATA dividends will be paid as return of capital to improve after-tax returns for investors.
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