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Strive increases the dividend on SATA preferred shares to 13% and adds 27 bitcoins, bringing total holdings to 13,768 bitcoins.
Deep Tide TechFlow News, April 15, according to Globenewswire, Nasdaq-listed Bitcoin treasury company Strive announced that it has increased the dividend rate of its variable-rate Series A perpetual preferred stock (SATA) by 25 basis points to 13.00%, effective from the interest period starting April 15, 2026, and thereafter. Additionally, a dividend of $1.0833 per share will be paid to shareholders registered as of May 1, 2026, on May 15, 2026.
Strive disclosed that it has purchased an additional approximately 27 bitcoins, bringing its total holdings to about 13,768 bitcoins. Based on a SATA yield of 13.00% and an average purchase price of $74,750 per bitcoin, its current asset-liability structure can support the related dividend payments for approximately 19.6 years.