Strive Says SATA Will Be First U.S. Listed Security to Pay Daily Dividends

CryptoProwl

Thu, May 14, 2026 astatine 10:26 AM CDT 2 min read

Strive Inc. (NASDAQ: $ASST) is adding a caller regular dividend operation to its SATA preferred banal arsenic the institution continues reshaping itself astir bitcoin accumulation and capital-market products built for that strategy.

The institution said its Variable Rate Series A Perpetual Preferred Stock, known arsenic SATA, volition statesman paying dividends connected a regular ground starting June 16, 2026. Strive said SATA volition beryllium the archetypal listed information successful U.S. superior markets past to wage currency dividends each concern day, with stockholders of grounds connected the instantly preceding concern time eligible for each payment.

The committee maintained the yearly dividend complaint connected SATA astatine 13.00% for monthly periods opening connected oregon aft May 16. Dividends volition inactive beryllium declared connected a monthly ground for the pursuing monthly dividend period, but the outgo cadence shifts the merchandise person to a regular income instrumentality than a accepted preferred security.

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Chairman and CEO Matthew Cole called the operation a “zero-to-one innovation,” adding that Strive is present positioning itself arsenic “The Daily Dividend Company.” The framing gives Strive different mode to abstracted its preferred-stock strategy from the increasing radical of nationalist bitcoin treasury companies competing for capitalist attention.

The announcement came alongside Strive’s first-quarter results and a larger update connected its bitcoin equilibrium sheet. The institution acquired 6,001 bitcoin (CRYPTO: $BTC) during the archetypal quarter, including 5,048 bitcoin done its acquisition of Semler Scientific and 953 bitcoin done open-market purchases. From April 1 done May 12, Strive added different 1,381 bitcoin, bringing its full bitcoin treasury to 15,009 bitcoin.

The 4th besides showed the volatility tied to that strategy. Strive reported a GAAP nett nonaccomplishment of $265.9 cardinal for the 3 months ended March 31, with astir of that nonaccomplishment tied to the fair-market worth diminution successful its bitcoin holdings.

Strive said it had $87.6 cardinal successful currency and currency equivalents arsenic of May 12 and nary abbreviated oregon semipermanent indebtedness outstanding.

Strive Inc. (NASDAQ: ASST) banal is presently trading astatine $16.61 U.S. per share.