Strive's Bitcoin Linked Preferred Stock Emerges as Key Market Instrument

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: 1 hour ago

JST+0.795%

BTC-1.204%

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New Bitcoin Financing Model: Strive's preferred stock SATA and common stock ASST are reshaping how institutions finance Bitcoin treasuries through yield-bearing securities rather than direct purchases, driving innovation in Bitcoin capital markets.
Massive Bitcoin Purchases: Strive has utilized proceeds from SATA to acquire approximately 13,741 BTC, with the current Bitcoin treasury valued at about $950 million, highlighting its significant position among corporate Bitcoin holders.
High Yield Attracts Investment: The annual yield on SATA has been raised to 12.75%, with plans for a quarterly payout of $1.0625 per share, attracting income-seeking investors and further driving Bitcoin acquisitions.
Positive Market Response: The issuance of Strive's preferred stock has added over 2,500 BTC in incremental demand, indicating market recognition of this new Bitcoin financing tool, while the SATA IPO raised approximately $149.3 million, further supporting Bitcoin accumulation.

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Technical Analysis for JST

Technical Sentiment Analysis for JUST (JST). As of , JUST (JST) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 3 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for JST stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, JST is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

JUST (JST) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0809	0.0843	0.0877	0.0911	0.0945	0.0979	0.101
Fibonacci	0.0843	0.0869	0.0885	0.0911	0.0937	0.0953	0.0979

About JST

JUST is a popular new decentralized finance (DeFi) ecosystem built for the TRON blockchain. It is an entire suite of products that are mostly centered around a decentralized stablecoin lending platform known as JustStable.The platform launched in August 2020 following an initial exchange offering (IEO) on the Poloniex LaunchBase platform earlier that same year, but the native governance token of the platform (JST) has been circulating since May 2020.It is a two-token ecosystem built around the USDJ and JUST (JST) tokens. USDJ is a multi-collateral stablecoin that has its value pegged to the value of the US dollar (USD), whereas JST has a variety of functions on the platform — paying interest, helping maintain the platform and participating in its governance, helping to set parameters like interest rates (stability fees) and the minimum collateralization ratio.To obtain USDJ on JUST, traders need to deposit collateral in the form of supported collateral tokens — including TRON (TRX), which are exchanged to PTRX tokens and locked as collateral forming a collateralized debt position (CDP). Depending on the amount of collateral deposited, users can then mint and withdraw USDJ, which must later be repaid to retrieve the initial collateral.The platform is designed to provide a fair and borderless hub of DeFi products, that any TRON user can access.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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