Overview
- SATA listed on Nasdaq after an upsized, oversubscribed 2 million‑share offering at $80, positioned by Strive as a “Bitcoin amplification” financing tool.
- Strive purchased 1,567 BTC for about $162 million at an average price of roughly $103,315, bringing total holdings to 7,525 BTC.
- With that total, Strive is reported to rank among the top ~15 corporate Bitcoin holders, surpassing Galaxy Digital’s tally based on BitcoinTreasuries.net data.
- Founder Vivek Ramaswamy bought 15,625 SATA shares for $1.25 million, according to an SEC Form 4 filing.
- The company appointed Ben Werkman as chief investment officer, expects SATA dividends to be treated as Return of Capital, and is pursuing an all‑stock acquisition of Semler Scientific subject to closing conditions.