Strive has revealed intentions to secure USD 500 million via a fresh preferred stock offering, broadening its capital avenues after growing its Bitcoin reserve to 32,773 BTC. This disclosure arrives as Bitcoin changes hands close to USD 500,000—correction: USD 83,500—prior to the release of U.S. inflation metrics. In a separate development, academic researchers have engineered a post-quantum security framework for the Bitcoin Lightning Network to counter prospective vulnerabilities from upcoming quantum computers.
Strive Bitcoin Treasury Targets USD 500 Million Through SATS
Strive announced Tuesday evening that it intends to put five million shares of SATS on the market—a new perpetual preferred stock—priced at USD 100 apiece. These shares will feature a 15% fixed annual dividend.
The enterprise might allocate the funds toward buying extra Bitcoin, acquiring income-generating assets, or executing share buybacks. Such alternatives provide Strive with multiple methods to deploy capital post-offering. SATS will hold a junior ranking relative to Strive’s existing perpetual preferred stock, SATA, which presently offers a 13% variable dividend rate. Both equity tiers will distribute dividends on a daily basis.
Concurrently, Strive plans on setting up a dividend reserve upon the completion of the offering. This reserve will fund the initial 18 months of SATS dividend payouts. The news succeeds a rapid expansion of Strive’s Bitcoin stockpiles. Last week, the firm picked up another 3,311 BTC, elevating its aggregate balance to 32,773 coins.
Those assets carried a value of roughly USD 2.7 billion based on the stated market valuation. Three months prior, Strive maintained fewer than 20,000 BTC.
Unlike several other Bitcoin treasury entities, such as the larger Strategy, Strive has consistently expanded its holdings over recent weeks.
Bitcoin Price Holds Near USD 83,500 Ahead of Inflation Data
Bitcoin traded inside a tight band Wednesday as market participants awaited pivotal U.S. inflation statistics. The digital asset dropped 0.16% to settle at USD 83,510.40 by 05:13 ET.
At the same time, alternative cryptocurrencies posted somewhat steeper drops, prolonging a sluggish opening to October for the broader sector. Profit-taking and a diminished appetite for risk continued to weigh on trading volume.
Climbing petroleum prices introduced an additional layer of anxiety. Ongoing geopolitical conflicts in the Middle East fueled widespread volatility across financial markets.
Traders likewise steered clear of sizable commitments ahead of the inflation figures. The forthcoming metrics could shed more light on domestic pricing pressures.
Strive’s most recent acquisition highlights ongoing purchases under its treasury framework. Even so, its targeted USD 500 million raise does not ensure every dollar raised will be channeled into supplementary Bitcoin purchases.
Read More: Pepe Coin (PEPE) Strives to Bounce Back: Can It Still Hit $0.0001 in 2025?
Bitcoin Lightning Network Researchers Test Quantum Defense
Alongside corporate accumulation and market turbulence, investigators are formulating defensive protocols against prospective quantum computing dangers.
A collaborative team including East Texas A&M University has designed and evaluated a post-quantum security architecture for the Bitcoin Lightning Network. The researchers characterize their project as the inaugural implementation and assessment addressing Lightning’s off-chain infrastructure.
Their paper, PQLN: Post-Quantum Security for the Bitcoin Lightning Network’s Off-Chain Surfaces, was published on arXiv in September. Dr. Ahmet Kurt spearheaded the project alongside Abdul-Salem Beibitkhan, Dr. Yacoub Hanna, and Dr. Abdullah Aydeger.
The Lightning protocol facilitates expedited Bitcoin transactions through interconnected payment channels. Instead of logging every transaction directly onto the foundational Bitcoin blockchain, participants can route value transfers via these channels.
Nevertheless, the network depends on cryptographic safeguards that future quantum systems could compromise. Consequently, researchers investigated methods to safeguard Lightning’s data transmission and transaction framework.
The study also tackles a danger designated as harvest now, decrypted later. In this scenario, malicious actors harvest encrypted data streams presently and retain them until advanced computing hardware becomes accessible.
A future quantum machine might theoretically decode those archives and reveal details concerning past transactions. At present, no quantum hardware capable of cracking Bitcoin’s current cryptography is operational.
Conclusion
Strive’s anticipated USD 500 million capital raise comes on the heels of its expansion to 32,773 BTC, while Bitcoin faces downward pressure prior to U.S. inflation updates. Concurrently, academic researchers are trial-running quantum-resistant defenses for Lightning network transactions. Taken together, these milestones encompass corporate Bitcoin stockpiling, short-term market instability, and initiatives to mitigate upcoming network security vulnerabilities.
