Strive | Crypto

At the current 13% rate, SATA payouts imply about $130 million annually, while higher cash keeps static coverage near 19 months. The post Strive adds $12 million to its dividend tab after issuing nearly one million new preferred shares to buy Bitcoin appeared first on CryptoSlate.

SATA’s 13% annualised dividend and resilience around par are helping Strive raise capital and outperform Strategy.

Strive’s latest Bitcoin purchase lifted its holdings to 23,156 BTC, making it the fifth-largest publicly traded corporate holder as crypto markets rebound. Strive, a publicly traded asset manager and Bitcoin treasury company, added 1,800 Bitcoin to its holdings last week, accelerating an accumulation strategy that has propelled it into the ranks of the world’s five biggest publicly traded corporate Bitcoin holders. The company purchased the Bitcoin (BTC) for approximately $143 million between Aug. 24 and Aug. 28, paying an average price of $79,431 per BTC, including fees and expenses. CEO Matt Cole confirmed the acquisition on Monday. The purchase brought Strive’s total holdings to 23,156 Bitcoin, up from 21,356 BTC a week earlier. As Cointelegraph reported, the company had purchased 1,110 BTC the previous week for roughly $81.5 million at an average price of $73,409 per coin. Read more

The same week added an estimated $5.74 million in annualized SATA dividends at Strive’s Aug. 10 variable rate. The post Strive bought 1,110 Bitcoin, but shareholders gained less than 2% real BTC yield appeared first on CryptoSlate.

Strive’s Nasdaq-traded shares surged more than 11% as the Bitcoin treasury company said it paid an average of $73,409 per BTC, pushing its holdings to 21,356 Bitcoin. Strive purchased 1,110 Bitcoin for about $81.5 million last week, bringing its total holdings to 21,356 BTC. According to a Monday filing with the US Securities and Exchange Commission, the company paid an average of $73,409 per Bitcoin (BTC), including fees and expenses, for purchases made between Aug. 17 and Aug. 21. Strive’s cash and cash equivalents rose by $17.1 million to $171.9 million over the period, while its Class A shares outstanding increased by 3.65 million to 79.89 million. Bitcoin was trading near $79,000 on Monday, about 8% above the average price Strive paid for its latest purchase. The purchase lifted Strive to the seventh-largest publicly traded corporate BTC holder, behind Bullish and ahead of SpaceX, according to BitcoinTreasuries.NET data. Its Nasdaq-traded ASST shares were up more than 11% in Monday morning trading, poise...

Bitcoin holdings rose 0.10%, while effective common shares increased 0.13% and trimmed gross per-share exposure by about 0.03%. The post Bitcoin treasury Strive bought 20 BTC, but 110,000 new shares left holders with less Bitcoin exposure appeared first on CryptoSlate.

Jan3 CEO Samson Mow says the recovery could signal renewed confidence in preferred-share products used by Bitcoin treasury companies. Strive’s SATA preferred shares have rebounded from a June low of $83.30 to about $97, recovering most of the selloff and moving back within roughly 3% of their $100 par value, according to Yahoo Finance data. Strive introduced SATA in November 2025 as part of its strategy to finance the expansion of its Bitcoin treasury through preferred equity. The variable-rate perpetual preferred stock is intended to trade near its $100 par value by adjusting its dividend rate, allowing Strive to raise capital for its Bitcoin (BTC) treasury without issuing additional common shares. SATA is one of a growing number of preferred-share products tied to Bitcoin treasury strategies, an emerging segment that companies such as Strategy describe as “digital credit.” Read more

A sharp selloff in digital credit products exposed growing pains in a young market, a Strive executive argues the underlying credit fundamentals remain intact.

ASST climbs 133% in three months as Strive grows holdings to 16,500 BTC and explores fresh capital raising options.

The company increased its holdings to 16,500 BTC as Bitcoin-linked preferred securities such as SATA and Strategy’s STRC gain traction in emerging “digital credit” markets. Strive purchased 1,109 Bitcoin between May 19 and May 22, increasing its holdings to 16,500 BTC, according to a Tuesday SEC filing. The company said it held about $93.3 million in cash and cash equivalents as of May 22, alongside roughly $50.1 million in fair value tied to its holdings of Strategy’s Stretch preferred stock product, STRC. The Dallas, Texas-based company also said it is evaluating refreshed at-the-market stock sale programs that could fund additional Bitcoin (BTC) purchases. Strive boosted its Class A common shares outstanding by more than 2.2 million shares during the period, while its SATA preferred stock count rose by about 515,000 shares, reflecting continued use of equity-linked financing tied to its Bitcoin treasury strategy. Read more

Strive reported a net loss of $265.9 million for Q1, which it attributed to the fall in market value of its Bitcoin holdings, but saw its shares on its move to pay SATA holders dividends every business day starting in June. Shares in Bitcoin-focused Strive closed 5.8% higher on Thursday after the company said it will become a “daily dividend company” and revealed it eliminated all debt in the first quarter of 2026.  The Vivek Ramaswamy-founded company said the Variable Rate Series A Perpetual Preferred Stock, ticker SATA, will start paying dividends every business day beginning June 16 at a current annual dividend rate of 13%. The payouts are funded by income generated from the company’s Bitcoin treasury strategy. Strive CEO Matt Cole said the move will make it the first public company to offer daily dividends, expanding on a similar playbook adopted by Michael Saylor’s Strategy, which has relied on perpetual preferred stock offerings such as Stretch (STRC) to fund its Bitcoin purchases while paying investors...

The investment makes Strive the latest corporate to add the yield-generating security to its balance sheet as companies explore Bitcoin-linked treasury instruments. Strive Asset Management (ASST) said Wednesday it has allocated $50 million of its corporate treasury to STRC, the variable-rate perpetual preferred stock issued by Strategy. The investment represents more than one-third of Strive’s treasury reserves and reflects growing institutional interest in yield-generating securities linked to Bitcoin-focused treasury strategies, according to a company announcement. The allocation makes Strive the latest company to add STRC to its balance sheet, following similar moves by companies including Prevalon Energy, Anchorage Digital and Oranjebtc, according to Strategy. Read more

Strive also added to its bitcoin holdings and boosted the dividend on its own SATA preferred stock.

Strive’s Joe Burnett argues AI-driven deflation may force looser policy, pushing Bitcoin toward $11 million a coin by 2036 and a $230 trillion market cap. Technological deflation driven by artificial intelligence could help push Bitcoin above $10 million within a decade by pressuring central banks to keep expanding the money supply, according to a report from Strive strategist Joe Burnett. Burnett, Strive’s vice president of Bitcoin strategy, said in a report published Monday that faster productivity gains from AI will push down prices across goods and services, squeezing margins and prompting policymakers to respond with sustained monetary expansion. His “base case” calls for Bitcoin (BTC) to reach $11 million in the first quarter of 2036, he wrote. The forecast rests on a set of aggressive assumptions, including that Bitcoin would grow to about 12% of the value of global financial assets and that global wealth would compound at 7% annually through 2036. With Bitcoin currently accounting for about 0.2% of al...

Strive has now become one of the top 10 largest corporate Bitcoin holders, with a treasury of 13,132 BTC, worth $1.17 billion. Bitcoin treasury company Strive said it has retired 92% of the debt it inherited after acquiring Semler Scientific earlier this month, and bought another 334 Bitcoin, following the closure of a preferred stock offering. Strive said on Wednesday that it saw $600 million in demand for its Variable Rate Series A Perpetual Preferred Stock, trading under “SATA,” and had upsized its target raise from $150 million to $225 million in response.  The stock offering is a form of long-duration equity financing designed to fund Bitcoin (BTC) accumulation without increasing leverage.  Read more

The company also plans private debt-for-equity swaps for some holders of the Semler convertible notes that may shrink its offering size. Strive, an asset manager co-founded by former US presidential candidate Vivek Ramaswamy in 2022, plans to raise as much as $150 million through an offering of preferred stock, with proceeds earmarked for debt repayment and Bitcoin purchases. Strive said it plans to sell shares of its Variable Rate Series A Perpetual Preferred Stock, trading under the ticker SATA, according to a Wednesday announcement. The company said the capital raised, alongside existing cash and potential proceeds from unwinding hedging transactions, would be used to pay down liabilities at its wholly owned subsidiary, Semler Scientific. This includes repurchasing a portion of Semler’s 4.25% convertible senior notes due in 2030, as well as outstanding borrowings under a master loan agreement with Coinbase Credit. Read more

The perpetual preferred equity, SATA, moved above $100, giving Strive access to at-the-market issuance.

The all-stock deal adds Semler’s 5,048 BTC to Strive’s treasury, lifting total holdings to 12,797.9 BTC and ranking it 11th among public companies. Strive’s stock fell about 12% on Tuesday after the asset manager announced an all-stock deal to acquire Semler Scientific, a transaction that will significantly expand its Bitcoin holdings. The company, co-founded by Vivek Ramaswamy, said on Tuesday that it has secured shareholder approval for the acquisition, which would add Semler Scientific’s 5,048.1 Bitcoin to Strive’s existing treasury. Following the transaction, Strive's total Bitcoin holdings would rise to 12,797.9 BTC. Strive is already the 11th largest publicly traded Bitcoin holding company, according to BitcoinTreasuries.NET data. The company also disclosed the purchase of an additional 123 Bitcoin for its corporate treasury, lifting its standalone holdings to 7,749.8 BTC. Read more

Strive, co-founded in 2022 by American entrepreneur Vivek Ramaswamy, launched a $500 million preferred stock offering to acquire more Bitcoin and Bitcoin-related products. Publicly traded asset manager and Bitcoin treasury company Strive has announced a $500 million stock sales program to raise funds for additional BTC purchases. The firm, which was co-founded in 2022 by American entrepreneur and politician Vivek Ramaswamy, stated on Tuesday that it intends to use the net proceeds from the sale for “general corporate purposes, including, among other things, the acquisition of Bitcoin and Bitcoin-related products and for working capital.” It also intends to purchase “income-generating assets” to grow the company’s business, but did not specify which.  Read more

Strive CEO Matt Cole has urged the MSCI to “let the market decide” whether they want to include Bitcoin-holding companies in their passive investments. Nasdaq-listed Strive, the 14th-largest publicly-listed Bitcoin treasury firm, has urged MSCI to reconsider its proposed exclusion of major Bitcoin holding companies from its indexes.  In a letter to MSCI’s chairman and CEO, Henry Fernandez, Strive argued that excluding companies whose digital asset holdings comprise more than 50% of total assets would reduce passive investors’ exposure to growth sectors and would fail to capture companies it intends to. Losing a spot in MSCI indexes could be a significant blow to digital asset treasury firms. JPMorgan analysts had earlier warned that Strategy, a Bitcoin treasury firm listed in the MSCI World Index, could lose $2.8 billion if MSCI moves ahead with the proposal.  Read more