Cointelegraph October 20, 2026

Strive closes $630M SATS IPO, leaves Bitcoin allocation unspecified

Strive closes $630M SATS IPO, leaves Bitcoin allocation unspecified

Strive closes $630M SATS IPO, leaves Bitcoin allocation unspecified

The Bitcoin treasury company could acquire an estimated 7,372 BTC with its net proceeds, potentially surpassing Metaplanet’s holdings if it allocates the full amount.

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