Strive Raises SATA Preferred Stock Dividend to 13.25%
According to TechFlow, on November 12, Cointelegraph said on X that Bitcoin treasury company Strive will raise the dividend rate on its SATA perpetual preferred stock to 13.25% starting December 1, while another preferred stock, SATS, remains unchanged at 15%. The company currently holds about 43,153 BTC.
SATA uses a variable dividend mechanism reset monthly and has been raised multiple times since issuance: in April 2026, it was increased from its original level to 13%; after switching to daily dividends in May, the effective annualized yield announced at the time was about 13.88%, and it was called the first listed security in the United States to pay dividends daily. The 13.25% is the applicable rate starting in December.
Recently, Bitcoin treasury companies have generally faced pressure from share prices trading at a discount to net asset value, and preferred stock dividends have risen accordingly; in October, Strive also filed to issue up to $1 billion of SATS preferred stock through an ATM mechanism to fund continued Bitcoin accumulation.
Source: TechFlow
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