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1,375 bitcoin is what Strive added in a single week, with CEO Matt Cole reporting that 70% of that period's capital raise ran through SATA, the company's perpetual preferred stock.
The instrument is approaching what Cole called a billion-dollar milestone. Seventy percent in one instrument is a concentrated reading.
Perpetual preferred carries no maturity date, separating it from convertible note structures that have dominated corporate bitcoin accumulation strategies.
No maturity means no refinancing clock, no put date, no forced liquidity window at a fixed horizon.
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