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Strive raises the SATA preferred stock dividend to 13% and increases its holdings by 27 BTC, bringing the total holdings to 13,768 BTC
According to GlobeNewswire, Nasdaq-listed Bitcoin treasury company Strive announced an increase in the dividend rate of its variable rate Series A perpetual preferred stock (SATA) by 25 basis points to 13%, effective from the interest period starting April 15, 2026, and thereafter.
In addition, Strive will distribute a dividend of $1.0833 per share to shareholders registered as of May 1, 2026, on May 15, 2026.
Strive disclosed that it has additionally purchased approximately 27 Bitcoins, bringing its total holdings to about 13,768. Under the assumption of a SATA yield of 13% and an average Bitcoin purchase price of $74,750, its current asset-liability structure can support the related dividend payments for approximately 19.6 years.
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