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Strive has just announced an increase in the dividends on its preferred shares, SATA, to 13.00% 📈 I found it interesting because, in addition to the 25 basis point increase, the company also bought about 27 more bitcoins, bringing the total to 13,768 BTC.
In other words, Strive is strengthening both shareholder returns and increasing its bitcoin position. The payment should be made on May 15 for those who were registered on May 1. It seems the company is making a strong bet on this strategy of accumulating more BTC while offering attractive dividends.
For anyone following Strive, did you find this move positive? With BTC trading at around 77k, it makes sense for them to keep buying 🤔