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Strive announces that SATA will implement the "Daily Dividend" mechanism starting June 16 and discloses Q1 financial report
Golden Finance reports that on May 14th, Nasdaq-listed Bitcoin treasury company Strive. announced that its perpetual preferred stock SATA Stock will distribute cash dividends using a “daily dividend” technology starting June 16, 2026, with an annualized dividend rate of 13.00%. SATA will become the first listed security in the U.S. capital market to pay dividends daily on business days.
Strive also released its Q1 financial report, revealing that in the first quarter, it purchased a total of 6,001 BTC, of which 5,048 came from the acquisition of Semler Scientific, 953 from open market purchases, and an additional 1,381 BTC from increased holdings between April 1 and May 12. Currently, the total Bitcoin reserve has reached 15,009 BTC.