Strive buys 1,800 Bitcoin for about $143 million

The filing also shows cash and cash equivalents rising from $171.9 million to $183.5 million over the week. It does not assign a specific financing source to the Bitcoin purchase in the disclosed holdings table.

Preferred capital expands the treasury and its obligations

Over the same period, SATA preferred shares outstanding increased by 803,099 and effective common shares outstanding increased by about 3.58 million. The filing warns that additional common or preferred issuance can dilute investors, while preferred stock also creates dividend obligations.

The purchase increased Strive's Bitcoin holdings by roughly 8% from the 21,356 BTC it reported a week earlier. The larger treasury amplifies both upside and downside exposure; the number of coins held does not by itself show whether the capital structure improves value for common or preferred shareholders.