Strive, Inc.: capital stack
Claims on the company in order of priority. Debt is paid first, then preferred series by rank, then common shareholders take what remains. The coverage figures below compare those claims at notional with bitcoin holdings and cash, at the latest bitcoin price and at multiples of it.
Ranking and notional
as of 16 Oct 2026| 1 | Debt | — | |
| 2 | SATA | $1.4bn | |
| 3 | SATS | — | |
| 4 | ASST common | residual |
Source: 8-K, 19 Oct 2026 ↗
Coverage bridge
Sensitivity to the bitcoin price
Break-even: $29,483 per bitcoin| Bitcoin price | vs latest | Bitcoin value | Coverage |
|---|---|---|---|
| $19,252 | 25% | $709m | 0.73× |
| $38,504 | 50% | $1.4bn | 1.24× |
| $57,757 | 75% | $2.1bn | 1.74× |
| $77,009 | latest | $2.8bn | 2.25× |
| $96,261 | 125% | $3.5bn | 2.75× |
Coverage = (bitcoin value + USD reserve + cash) ÷ (debt + preferred notional). Try other inputs.