Strive's perpetual preferred stock (SATA) has reached a par value of $100 per share for the first time, enabling the company to potentially increase its Bitcoin holdings. The stock, which offers a 12% dividend yield, allows Strive to raise funds through an at-the-market issuance channel. Currently, Strive holds 12,797 Bitcoins, and its common stock is priced at $0.94. The achievement mirrors a similar milestone by Strategy's Stretch (STRC) product, which also reached par value earlier this month. Last week's trading volume for STRC hit $755 million, with $582 million trading above par value, marking the highest single-week total to date. This development positions Strive to further capitalize on its Bitcoin investment strategy.