SATA has been on fire this week. As of right now, Strive has raised enough capital to buy an estimated 1,469.62 bitcoin across three trading days, and today's session is still underway. What makes that number even more striking is that this trading week is only four days long. Monday was Memorial Day in the United States, so the market was closed. Despite having one fewer day than a standard week, SATA has already put up numbers that would have been unthinkable just a month ago.
The run started on Tuesday, May 26, with an estimated 402.11 bitcoin acquired on net ATM proceeds of $30.78 million and total daily volume of $58.09 million, at an average bitcoin price of $76,544. Wednesday followed with a new single day record of 493.72 bitcoin on $37.00 million in net proceeds and $70.68 million in volume, at an average bitcoin price of $74,935. Then came Thursday, May 28, which broke that record almost immediately, with an estimated 573.79 bitcoin acquired on $41.93 million in net proceeds and $101.80 million in daily volume, at an average bitcoin price of $73,075. That brings the three day running total to 1,469.62 bitcoin, and it is worth noting that even before the regular session opened on Thursday, premarket trading alone had already added an estimated 19.32 bitcoin, a strong signal of just how much demand has built up around the product.
Today, Friday, is the last trading day before SATA's ex dividend date, and historically these final sessions before the cutoff have produced some of the biggest single day numbers. There is a real possibility that by the time the bell rings this afternoon, SATA will have raised enough capital to buy 2,000 bitcoin in a single four day week.
The comparison to STRC is becoming harder to ignore. Strive currently holds 16,500 bitcoin. The 1,469.62 bitcoin acquired over just three days represents approximately 8.9 percent of the company's total holdings, and that figure may climb further before the week is out. To put that in perspective, for Strategy to move the needle by the same percentage relative to its 843,738 bitcoin stack, Michael Saylor would need to raise enough capital to acquire roughly 75,000 bitcoin. That is not a comparison anyone would have made when SATA was launching, and it speaks to how dramatically the product's demand profile has changed in a short period of time.
Just nine days ago SATA was producing two day totals of around 218 bitcoin. That was considered a strong performance at the time. The product is now doing more than that in a single morning. Much of the demand is being driven by SATA's current yield of 13 percent and by Strive's imminent launch of daily dividend payments on business days. Once daily dividends arrive, the ex dividend cycle that currently concentrates buying pressure into a narrow window at the end of each period will be smoothed out across the entire calendar. That shift may reduce the intensity of individual days, but the structural demand picture should only strengthen over time.
Track it all on BitcoinTreasuries.net, with minute by minute accumulation, yield, price, and buying activity available through the SATA BTC Accumulation Tracker.
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