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Strive plans to collaborate with Tuttle to issue ETF products, investing in Strategy's preferred stock STRC and Strive's SATA.
Golden Finance reported that on March 31, Bitcoin asset management company Strive (ASST) will partner with ETF issuer Tuttle Capital Management to launch the T-Strive digital credit ETF, aiming to invest in the variable-rate A-Series perpetual preferred stock STRC issued by Strategy, as well as the preferred stock SATA issued by Strive.
It is reported that this year in January, Strive announced plans to raise an additional $150 million through a follow-on public offering. Previously, the company raised $160 million through an oversubscribed SATA IPO. After the T-Strive digital credit ETF receives approval, it will be traded on the Chicago Board Options Exchange under the stock ticker DGCR.