Strive has officially launched a substantial program involving $500 million in preferred stock, designed specifically for "at-the-money" transactions aimed at acquiring Bitcoin. This innovative initiative seeks to enhance their investment strategy by facilitating direct purchases of Bitcoin, thereby positioning the company to capitalize on the growing demand for cryptocurrency and further diversify its financial portfolio.
source: https://www.coindesk.com/markets/2025/12/10/strive-starts-usd500m-preferred-stock-at-the-money-program-for-bitcoin-purchases