# Strive closes $630M SATS IPO, leaves Bitcoin allocation unspecified

- Source: Cointelegraph
- Published: 2026-10-20T17:40:00+00:00
- Category: Markets
- Original: https://cointelegraph.com/news/strive-closes-630m-sats-ipo-leaves-bitcoin-allocation-unspecified?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- Canonical: https://groundlevelnews.com/story/strive-closes-630m-sats-ipo-leaves-bitcoin-allocation-unspecified-5c3e9f/

The Bitcoin treasury company could acquire an estimated 7,372 BTC with its net proceeds, potentially surpassing Metaplanet’s holdings if it allocates the full amount.

_Ground Level News shows a short summary only; the full article and all rights belong to Cointelegraph._