Strive announces first-quarter financial report and declares that SATA preferred stock will be converted to daily dividends

robot
Abstract generation in progress

Wu Says has learned that Bitcoin Treasury Company Strive has published its 2026 first-quarter financial report and announced that, starting from June 16, 2026, its SATA preferred shares will switch to paying dividends daily on business days, while keeping an annualized dividend rate of 13%. As of May 12, 2026, Strive’s Bitcoin reserves reached 15,009 BTC, including approximately 5,048 BTC obtained through the acquisition of Semler Scientific. The company increased its Bitcoin holdings by 6,001 BTC in the first quarter of 2026, and purchased an additional 1,381 BTC during the second quarter through May 12, 2026. The financial report shows that Strive’s GAAP net loss in the first quarter was $265.9 million, of which approximately $295.8 million of the loss was related to the decline in the fair value of its Bitcoin holdings.

BTC2.44%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned