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The latest capital raise news, distilled by AI into sharp ~100-word summaries. ByteBrief tracks capital raise across dozens of tech sources and brings you only what matters, updated hourly. Tap any story for the full brief, or open the original source.

Bitcoin treasury company Strive announced on Tuesday evening it is raising $500 million via a new perpetual preferred stock class named SATS. The company aims to sell 5 million shares at $100 per share to purchase additional bitcoin or acquire assets.
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