{"id":7428,"date":"2026-05-26T19:16:08","date_gmt":"2026-05-26T19:16:08","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/05\/26\/strives-sata-briefly-swallows-the-entire-bitcoin-mining-daily-supply-as-btc-purchases-ramp-up\/"},"modified":"2026-05-26T19:16:08","modified_gmt":"2026-05-26T19:16:08","slug":"strives-sata-briefly-swallows-the-entire-bitcoin-mining-daily-supply-as-btc-purchases-ramp-up","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/05\/26\/strives-sata-briefly-swallows-the-entire-bitcoin-mining-daily-supply-as-btc-purchases-ramp-up\/","title":{"rendered":"Strive\u2019s SATA Briefly Swallows the Entire Bitcoin Mining Daily Supply As BTC Purchases Ramp Up"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/strives-sata-swallows-entire-bitcoin\">Strive\u2019s SATA Briefly Swallows the Entire Bitcoin Mining Daily Supply As BTC Purchases Ramp Up<\/a><\/p>\n<div><\/div>\n<p>Strive, Inc. (ASST) crossed a threshold on Tuesday that few bitcoin treasury watchers expected to see this soon: its preferred stock instrument, SATA, absorbed an estimated 453 BTC \u2014 roughly 101% of the entire bitcoin mining supply for a single day \u2014 in what marks the first full-supply absorption event since May 14.<\/p>\n<p>The milestone landed on what STRC.live tracking data <a href=\"https:\/\/x.com\/STRC_live\/status\/2059314934941364663?s=20\">described<\/a> as the biggest volume day in SATA\u2019s history, with approximately 384,000 shares traded through Strive\u2019s at-the-market program.\u00a0<\/p>\n<p>The single-day total of roughly 408 BTC eclipsed the prior single-day record of approximately 404 BTC set just last Friday, with Tuesday\u2019s afternoon session still running when the record fell.\u00a0<\/p>\n<p>The additional 3 BTC above the daily mining total came from secondary market sellers selling into open demand.<\/p>\n<p>Bitcoin\u2019s fourth halving, <a href=\"https:\/\/bitcoinmagazine.com\/markets\/breaking-down-the-2024-bitcoin-halving-implications-and-predictions-for-bitcoin-miners\">completed<\/a> in April 2024, cut the block subsidy to 3.125 BTC. At approximately 144 blocks per day, global miners now produce roughly 450 BTC in fresh supply every 24 hours.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Strive\u2019s SATA is churning distributions\u00a0<\/h2>\n<p>Strive\u2019s SATA preferred stock \u2014 which carries a 13% annual dividend rate and will begin paying cash distributions every business day <a href=\"https:\/\/bitcoinmagazine.com\/news\/strive-bitcoin-backed-dividend-preferred\">starting<\/a> June 16, a Wall Street first \u2014 has turned that fixed supply figure into a daily target.<\/p>\n<p>The mechanism is straightforward. When SATA trades at or above its $100 par value, Strive issues new preferred shares via its ATM program and converts the proceeds directly into bitcoin. The firm has publicly committed to not issuing SATA below $100 par, concentrating buying pressure into windows when demand pushes the stock above that threshold.\u00a0<\/p>\n<p>On Tuesday, demand did exactly that, and the ATM engine ran at full throttle.<\/p>\n<p>Just weeks ago, SATA was still regarded as a secondary experiment in the bitcoin preferred-equity space, operating in the shadow of Strategy\u2019s dominant STRC instrument. That framing has aged poorly.<\/p>\n<p>In the week ending May 24, SATA acquired an estimated 794 BTC \u2014 more than double its prior weekly record of 371 BTC set at the start of May, and a figure that, relative to Strive\u2019s treasury, represents a 5.16% week-on-week increase.\u00a0<\/p>\n<p>Strategy, by comparison, added approximately 24,869 BTC in the same week, but against its 818,869 BTC base, that translates to a 3.04% proportional gain.<\/p>\n<p>For Strategy to match Strive\u2019s percentage-growth pace last week, it would have needed to purchase roughly 42,250 BTC in seven days \u2014 approximately 17,400 BTC more than it actually bought. Strategy remains the unchallenged leader in absolute holdings because of the bulk of their holdings, now at an estimated 843,738 BTC.<\/p>\n<p>JPMorgan <a href=\"https:\/\/www.thestreet.com\/crypto\/markets\/jpmorgan-predicts-a-30b-bitcoin-buy-is-happening-this-year\" target=\"_blank\">projects<\/a> the firm could deploy roughly $30 billion in bitcoin acquisitions across all of 2026. But on the metric Strive has chosen to compete on \u2014 bitcoin per share, not bitcoin in total \u2014 the gap is narrowing in a way that is difficult to ignore.<\/p>\n<p>Michael Saylor, Strategy\u2019s executive chairman and the architect of the corporate bitcoin treasury model, publicly endorsed SATA last week, <a href=\"https:\/\/x.com\/saylor\/status\/2057855709480362460?s=20\">calling<\/a> it \u201cthe most interesting story in Bitcoin right now\u201d and singling out the rise of SATA in the credit markets and ASST in the equity markets as a development worth watching.\u00a0<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/strives-sata-swallows-entire-bitcoin\">Strive\u2019s SATA Briefly Swallows the Entire Bitcoin Mining Daily Supply As BTC Purchases Ramp Up<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Strive\u2019s SATA Briefly Swallows the Entire Bitcoin Mining Daily Supply As BTC Purchases Ramp Up Strive, Inc. (ASST) crossed a threshold on Tuesday that few bitcoin treasury watchers expected to see this soon: its preferred stock instrument, SATA, absorbed an estimated 453 BTC \u2014 roughly 101% of the entire bitcoin mining supply for [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":7429,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-7428","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=7428"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7428\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/7429"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=7428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=7428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=7428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}