[Strive Launches $500 Million ATM Financing Plan, Part of Net Proceeds to Be Used for Bitcoin Purchases] BlockBeats News, December 10, U.S.-listed Bitcoin crypto treasury (DAT) company Strive announced that it has reached a sales agreement allowing Strive to issue and sell its variable-rate Series A perpetual preferred stock, with a par value of $0.001 per share (referred to as 'SATA stock'), with a total issuance price of up to $500 million (referred to as the 'ATM Plan'). The net proceeds from the ATM project will be used for general corporate purposes, including but not limited to: acquiring Bitcoin and Bitcoin-related products; supplementing working capital; purchasing revenue-generating assets to expand the company's business; and other capital expenditures.