Strive raises SATA preferred stock dividend to 13.25%

Strive will raise the dividend rate on its SATA perpetual preferred stock to 13.25% effective December 1, while its SATS preferred shares stay at 15%, with the bitcoin treasury company holding roughly 43,153 BTC. SATA uses a variable, monthly-reset dividend that has already been lifted multiple times, including to 13% in April 2026 and an effective annualized yield of about 13.88% after switching to daily payouts in May, which the company billed as the first U.S.-listed security paying daily dividends. The move comes as bitcoin treasury companies face share prices trading below net asset value, pushing preferred stock yields higher. In October, Strive also filed to issue up to $1 billion in additional SATS preferred stock through an ATM program to fund further bitcoin purchases. Investors will watch whether the higher coupon stabilizes demand for Strive's preferreds and how quickly the company deploys ATM proceeds into more BTC.