Strive Eliminates Semler Debt and Expands Bitcoin Holdings After $225M Raise

Strive successfully clears Semler debt and increases its Bitcoin portfolio following a $225 million preferred stock offering that saw high demand.

Strive has successfully eliminated its Semler debt from its financial statements and has taken significant steps to bolster its Bitcoin reserves. This strategic move comes on the heels of a successful preferred stock issuance, which raised an impressive $225 million.

Originally targeting $150 million, the offering of SATA shares was met with overwhelming interest, leading to an upsizing due to high demand.