Bitcoin Treasury announced that Strive's SATA, a bitcoin accumulation company, approached its par value ($100) by a mere $0.05 in the pre-market. Strive has been accumulating a significant amount of BTC weekly since August 10. The funds raised through SATA to date this week are sufficient to purchase over 280 BTC. SATA can only issue new shares to fund BTC purchases when its stock price is above par value ($100).
