Strive: Plans to issue additional SATA tokens to increase holdings by 175,000 BTC
According to Odaily, Jeff Walton (@PunterJeff) from Strive stated that Strive is raising funds at an average daily rate of $8.1 million. If these funds are used to pay dividends, it could support the issuance of $1.55 billion worth of SATA tokens. Jeff Walton indicated that this amount of capital is equivalent to purchasing approximately 175,000 BTC at the current price, which would increase its total BTC holdings to 10 times the current size. (BitcoinTreasuries.NET)
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