Strive, Inc. is exploding higher following the company's announcement on October 20 regarding the closing of an upsized initial public offering of 7,000,000 shares of its 15.00% Series A Perpetual SATS Preferred Stock. Investor sentiment was further bolstered by an 8-K filing on October 21, in which the board declared the first cash dividends on these preferred shares at $0.8710 per share. These developments have driven significant momentum for the asset management firm, pushing the stock well above its 50-day moving average.