Strive raised the dividend rate on its Series A perpetual preferred stock, SATA, by 25 basis points to 13.00% from 12.75%, effective for monthly periods beginning on or after April 15, 2026.
The company declared a dividend of $1.0833 per share, payable May 15, 2026, to stockholders of record as of May 1, 2026.
Strive also bought about 27 additional bitcoin, lifting its total bitcoin holdings to roughly 13,768 from about 13,741 previously.
At a 13.00% SATA yield and a bitcoin price of $74,750, Strive said its current balance sheet and structure could support SATA dividend obligations for about 19.6 years. As a result of these announcements, the company's shares have moved -4.05% on the market, and are now trading at a price of $10.41. If you want to know more, read the company's complete 8-K report here.
