Strive has successfully completed the Nasdaq listing of its Variable Rate Class A Perpetual Preferred Stock (SATA), with the IPO oversubscribed and expanded to 2 million shares at $80 each. The Bitcoin asset management firm also increased its Bitcoin holdings by 1,567 BTC, purchasing during a brief market dip at an average price of $103,315 per Bitcoin, totaling approximately $162 million. As of November 10, Strive's total Bitcoin holdings stand at 7,525 BTC. The company announced that dividends from the SATA stock will be distributed as "return of capital" (ROC), potentially enhancing investors' after-tax returns. This move positions Strive as the second Bitcoin vault company, following Strategy, to raise funds through public perpetual preferred stock.