Strive raising $500 million to buy additional bitcoin with new preferred share class

Strive Aviation is raising $500 million through a new preferred share class with a fixed 15% dividend yield at par value. The shares will be junior to the company's existing SATA, which pays a variable rate currently set at 13%. For more details, refer to the official announcement.

Sources

• CoinDesk — Strive raising $500 million to buy additional bitcoin with new preferred share class

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