Strive’s SATA, a preferred stock designed to hover near $100, has rebounded sharply after a June slump, now trading within 3% of its target — a major confidence boost for Bitcoin-backed financial products. This recovery signals renewed trust in a growing trend where companies use stable preferred shares to fund Bitcoin reserves without diluting equity, turning their treasuries into digital credit systems. While competitors like Strategy are still recovering, Strive’s rebound could spark a broader revival. Samson Mow of Jan3 sees this as proof the model works, helping companies meet obligations while attracting new players to the evolving Bitcoin treasury space.
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