fromBitcoin Magazine
1 week agoStrive ($ASST) Plans $150M Follow-On Offering To Buy Bitcoin
The offering is registered under the Securities Act of 1933 and marks Strive's latest move to expand its bitcoin holdings while addressing outstanding debt. Strive plans to use the proceeds from the offering, along with cash on hand and potentially funds from terminating certain derivative contracts tied to convertible debt, to repurchase or redeem all or a portion of the 4.25% Convertible Senior Notes due 2030 issued by its subsidiary Semler Scientific, Inc.
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