secwatch.observer — SEC 8-K summary
======================================

Issuer:     Strive, Inc. (ASST)
CIK:        0001920406
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0001140361-26-002606
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 3.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strive closes upsized $225M SATA stock offering, retires 92% of Semler debt, bitcoin holdings reach 13,132
--------------------------------------------------------------------------------

- Offering of 1.32M SATA shares at $90 raised ~$109.2M net; total demand exceeded $600M, upsized from initial $150M.
- Retired $90M of Semler Convertible Notes via exchange for ~930K SATA shares and used cash to retire $20M Coinbase loan; $110M of $120M debt gone.
- Acquired 333.89 bitcoin at avg $89,851; total holdings now 13,131.82 BTC, making Strive 10th largest public corporate holder.
- Amplification ratio 37.2% (97.7% from preferred equity); QTD Bitcoin yield 21.17%.
- Intends to retire the remaining $10M debt by April 2026, achieving full debt retirement in under 4 months post-acquisition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1920406/000114036126002606/0001140361-26-002606-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1920406/000114036126002606/ny20063534x6_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-002606

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer