Strive Asset Management, co-founded by Vivek Ramaswamy, has announced a $500 million offering of Variable Rate Series A Perpetual Preferred Stock. The money raised will mainly go towards buying more Bitcoin. The remaining funds will support working capital, pay for capital expenses, buy back shares, and repay debt.
The decision supports Strive’s goal of increasing Bitcoin held per share. This will contribute to greater gains without affecting common equity. As of November 7, 2025, Strive owns 7,525 BTC. The upcoming purchase of Semler Scientific is expected to increase its total Bitcoin holdings to over 22,000 BTC.
Strive has signed a sales agreement with several agents to sell up to $500 million of perpetual preferred shares through an at-the-market program. These shares have a par value of $0.001 and will be issued under an existing shelf registration statement that has been effective since September 2025.
The company filed a prospectus supplement with the SEC on December 9, 2025. The offering avoids immediate dilution of ASST shares and provides flexible, non-debt capital, unlike convertible debt or standard stock offerings. Strive’s management stated that it plans to continue its aggressive treasury policy that began after the company’s reverse merger in May 2025.
Strive’s current holdings of 7,525 BTC rank it 15th among public companies globally. The September 2025 agreement to acquire Semler Scientific—which itself holds substantial Bitcoin—remains on track to close, and would immediately elevate Strive into the top ten corporate holders. Meanwhile, Bitcoin (BTC) still has the top spot in the crypto market by market capitalization on CoinGecko. Its current price is above $92,000, up 2.4% over the past 24 hours.
The news pushed Strive’s common stock (ASST) up by 3.57% to $1.04 on Tuesday before dropping to $1.02, with a year-to-date gain exceeding 100%. The company’s stock data showed that it has traded between a high of $13.42 and a low of $0.34 over the past 52 weeks.
Analysts note that the preferred stock structure allows Strive to raise capital even during periods of weakness in common shares, providing greater execution flexibility than traditional equity or debt issuances. Social media commentary drew direct comparisons to Strategy’s long-standing Bitcoin accumulation, which stands at 660,624 BTC, over 3.1% of the total bitcoin supply.
The post Strive Launches $500M Stock Sale to Boost Bitcoin Holdings appeared first on CoinTab News.


