Bitcoin (BTC) treasury firm Strive Inc. will make its SATA preferred stock the first US-listed security paying cash dividends every business day. The daily payouts begin June 16.
The Dallas-based Bitcoin treasury firm disclosed the structural shift alongside first-quarter results.
Strive’s SATA to Pay Investors Cash Every Single Business Day
Strive’s Variable Rate Series A Perpetual Preferred Stock (SATA) currently pays a 13% annualized dividend monthly. While the headline rate remains unchanged, daily compounding over roughly 250 business days lifts the effective annual yield to 13.88%.
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CEO Matthew Cole framed the shift as a “zero-to-one innovation.” He also called the firm “The Daily Dividend Company.”
“SATA will be the first listed security in the history of U.S. capital markets to pay cash dividends every single Business Day, beginning June 16, 2026, at a current annualized rate of 13.00%,” he said.
Bitcoin Treasury Expands Past 15,000 BTC
Meanwhile, the firm also announced its first-quarter financial results. First-quarter GAAP net loss totaled $265.9 million, with $295.8 million tied to the fair value decline in Bitcoin holdings. That figure accounts for 96.6% of the reported loss.
The company added 6,001 BTC during the first quarter, including 5,048 BTC absorbed through the all-stock acquisition of Semler Scientific. Another 1,381 BTC came in April and early May.
Strive’s Bitcoin holdings reached 15,009 BTC as of May 12. That ranks the firm ninth among public corporate holders, according to Bitcoin Treasuries data.
Strive also confirmed it carries no short or long-term debt. The balance sheet held $87.6 million in cash and a $50.5 million position in Strategy’s STRC preferred stock.
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The post Strive Makes SATA First US Security to Pay Cash Dividends Every Business Day appeared first on BeInCrypto.
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Kamina Bashir
https://beincrypto.com/strive-sata-daily-dividend-bitcoin-treasury/
2026-05-15 04:12:00
