other material
confidence high
sentiment positive
materiality 0.70
Strive buys $50M STRC, raises SATA dividend to 12.75%, holds 13,311 BTC
Strive, Inc.
- Purchased $50 million (500,000 shares) of Strategy Variable Rate Series A Perpetual Stretch Preferred Stock (STRC).
- SATA dividend rate increased from 12.50% to 12.75%; declared $1.0625 per share payable Apr 15, 2026 to holders of record Apr 1.
- Narrowed SATA trading price guidance to $99-$101 from $95-$105; will not issue SATA below $100 via ATM or follow-on.
- SATA dividend reserve now covers 18 months: 12 months cash + 6 months STRC; aggregate reserves cover over 19 years of interest.
- Held $143.4M cash (net of $50M STRC purchase) and 13,311 bitcoin as of Mar 9, 2026.