Strive, a Bitcoin asset reserve company, has announced a $500 million at-the-market (ATM) funding program through the issuance of its Series A variable-rate perpetual preferred stock, known as SATA Stock. The company plans to use the net proceeds for various corporate purposes, including purchasing Bitcoin and related products, expanding its business, and potentially acquiring complementary businesses or technologies. This strategic move aims to bolster Strive's position in the cryptocurrency market and enhance its asset portfolio.