Strive Raises Preferred Stock Dividend Rate to 13%, Bitcoin Holdings Increase to 13,768

Odaily News Nasdaq-listed Bitcoin treasury company Strive announced a 25 basis point increase in the dividend rate for its Series A Variable Rate Perpetual Preferred Stock (SATA) to 13.00%, effective from interest accrual periods starting on or after April 15, 2026. Additionally, a dividend of $1.0833 per share will be paid on May 15, 2026, to shareholders of record as of May 1.

Strive disclosed the purchase of an additional approximately 27 bitcoins, bringing its total holdings to approximately 13,768. Assuming a SATA yield of 13.00% and an average bitcoin purchase price of $74,750, its current balance sheet structure can support the related dividend payments for approximately 19.6 years. (Globenewswire)