$ SATA has a circulation of nearly $1 billion and raised $89 million
2026-09-08 20:42:24
According to CoinMeta, the current nominal issuance of $SATA is 999 million US dollars, and the next issuance is set to exceed the 1 billion US dollar mark. It was disclosed that 921,511 preferred shares were sold between August 31st and September 4th, raising approximately 89 million US dollars, which accounts for 70% of this week's total. This funds were mainly used to purchase 1,375 bitcoins at an average price of 79,281 US dollars per coin. The asset has remained above its par value for five consecutive days, with a capture rate of 52%, and after a rollover in June, it has seen its second active week, with a total holding of 24,531 bitcoins.
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