dividend
confidence high
sentiment positive
materiality 0.60
Strive raises SATA preferred dividend rate to 13.00%, buys 27 more Bitcoin
Strive, Inc.
- Dividend rate increased 25 bps to 13.00% effective April 15; $1.0833/share payable May 15, 2026 to record May 1.
- Purchased ~27 Bitcoin; total holdings now ~13,768 Bitcoin.
- Cash and equivalents $89.7M; holds $50.5M in Strategy Inc. preferred stock.
- Expects dividends to be non-taxable return of capital (no accumulated or current E&P).
- At 13% yield and Bitcoin at $74,750, balance sheet could support SATA dividends for ~19.6 years.