Strive Plans $150 Million Preferred Stock Follow-On Offering

Strive Inc ( (ASST) ) has issued an update.

On January 21, 2026, Strive announced plans for a $150 million public follow-on offering of its Variable Rate Series A Perpetual Preferred Stock, with net proceeds earmarked to redeem or repurchase some or all of the 4.25% Semler Convertible Notes, pay down Semler Scientific’s borrowings under a loan facility with Coinbase Credit, return the business to a perpetual-preferred-only capital structure, acquire bitcoin and bitcoin-related products, and fund general corporate purposes and working capital. The company is simultaneously negotiating private exchanges of existing Semler Convertible Notes into SATA Stock, which could reduce the size of the public offering but will not generate cash proceeds, and detailed the mechanics of SATA Stock’s 12.25% variable dividend, compounding features, redemption and repurchase rights for both Strive and investors, and an enhanced 12‑month dividend reserve funded at closing to support consistent payouts and potentially stabilize trading within a targeted price range.

The most recent analyst rating on (ASST) stock is a Buy with a $1.50 price target. To see the full list of analyst forecasts on Strive Inc stock, see the ASST Stock Forecast page.

Spark’s Take on ASST Stock

According to Spark, TipRanks’ AI Analyst, ASST is a Neutral.

The score is held down primarily by severe ongoing losses and substantial cash burn, with weak longer-term technical trend adding risk. Positive corporate developments (merger and strategy/financing actions) provide some support, but valuation remains constrained by unprofitable operations.

To see Spark’s full report on ASST stock, click here.

More about Strive Inc

Strive, Inc. (Nasdaq: SATA) is a financial company that issues Variable Rate Series A Perpetual Preferred Stock, branded as SATA Stock, and focuses on a “perpetual-preferred only amplification model” that uses preferred equity to fund its balance sheet. Through wholly owned subsidiary Semler Scientific, Inc., Strive has previously issued 4.25% Convertible Senior Notes and maintains borrowing arrangements with lenders such as Coinbase Credit Inc., while also targeting exposure to bitcoin and bitcoin-related products as part of its capital allocation strategy.

Average Trading Volume: 127,680,103

Technical Sentiment Signal: Sell

Current Market Cap: $850.6M

See more data about ASST stock on TipRanks’ Stock Analysis page.