Business
Strive Announces Increase to SATA Perpetual Preferred Stock Dividend Rate to 13.00% and Bitcoin Buy
DALLAS, April 15, 2026 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST; SATA) (“Strive” or the “Company”) today announced a SATA dividend rate increase of 25
About this update from Strive, Inc.
[{"type":"text","content":"DALLAS, April 15, 2026 (GLOBE NEWSWIRE) -- Strive, Inc. (Nasdaq: ASST; SATA) (“Strive” or the “Company”) today announced a SATA dividend rate increase of 25 bps from 12.75% to 13.00% on its Variable Rate Series A Perpetual Preferred Stock (the “SATA Stock”), effective for monthly periods commencing on or after April 15, 2026. The Company has declared a dividend of $1.0833 per share of SATA Stock, payable on May 15, 2026, to stockholders of record at the close of business on May 1, 2026. Strive expects the dividend to qualify as a non-taxable return of capital to the extent of a stockholder’s tax basis in SATA Stock for U.S federal income tax purposes. Strive also announced the purchase of an additional ~27 Bitcoin, bringing its total holdings to ~13,768 Bitcoin. At a 13.00% SATA yield and a Bitcoin price of $74,750, Strive’s current balance sheet and structure could support SATA dividend obligations for approximately 19.6 years. About Strive Strive is a structured finance company and institutional asset manager focused on disciplined capital allocation and long-term value creation. With Bitcoin as our hurdle rate for capital deployment, Strive is focused on increasing Bitcoin per share to outperform Bitcoin over the long run. Strive holds approximately 13,768 Bitcoin as of April 13, 2026. Strive Asset Management, LLC, a direct, wholly owned subsidiary of Strive and an SEC-registered investment adviser, manages over $2.5 billion in assets. Learn more at strive.com. Cautionary Statement Regarding Forward-Looking Statements Certain statements herein may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements include, but are not limited to, express or implied statements regarding the outlook and expectations of Strive and its subsidiaries, the strategic benefits and financial benefits of the merger transaction with Semler Scientific, Inc. (the \"merger transaction\"), including the expected impact of the merger transaction on Strive’s futu...