Strive’s SATA to pay cash dividends every business day
Strive’s SATA preferred stock will pay cash dividends every business day starting June 16, 2026, at a 13% annualized rate, roughly 13.88% effective with daily compounding.
Strive Inc.’s Variable Rate Series A Perpetual Preferred Stock (SATA) will begin paying cash dividends every U.S. business day on June 16, 2026, the Dallas-based Bitcoin treasury firm announced. The stated annual dividend rate remains 13%.
With daily compounding across roughly 250 business days, the effective annual yield rises to about 13.88% from the 13% headline rate.
CEO Matthew Cole described the change as a “zero-to-one innovation” and wrote that the company will brand itself “The Daily Dividend Company.” In a statement he added, “SATA will be the first listed security in the history of U.S. capital markets to pay cash dividends every single Business Day, beginning June 16, 2026, at a current annualized rate of 13.00%.”
Strive reported first-quarter GAAP net loss of $265.9 million. A $295.8 million fair-value decline in its Bitcoin holdings accounted for 96.6% of that loss. The company reported no short-term or long-term debt and held $87.6 million in cash and a $50.5 million position in STRC preferred stock at the reporting date.
During the quarter, Strive added 6,001 BTC to its treasury, including 5,048 BTC acquired through the all-stock purchase of Semler Scientific. An additional 1,381 BTC was purchased in April and early May, bringing total holdings to 15,009 BTC as of May 12. That places Strive ninth among public corporate Bitcoin holders, based on Bitcoin Treasuries data.
The firm said the daily schedule converts SATA’s current monthly cash payouts into daily distributions while maintaining the stated 13% annual rate.
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