Strive Announces Increase to SATA Perpetual Preferred Stock Dividend Rate to 13.00% and Bitcoin Buy

Strive, Inc. (Nasdaq: ASST; SATA) (“Strive” or the “Company”) today announced a SATA dividend rate increase of 25 bps from 12.75% to 13.00% on its Variable Rate Series A Perpetual Preferred Stock (the “SATA Stock”), effective for monthly periods commencing on or after April 15, 2026. The Company has declared a dividend of $1.0833 per share of SATA Stock, payable on May 15, 2026, to stockholders of record at the close of business on May 1, 2026. Strive expects the dividend to qualify as a non-taxable return of capital to the extent of a stockholder’s tax basis in SATA Stock for U.S federal income tax purposes. Strive also announced the purchase of an additional ~27 Bitcoin, bringing its total holdings to ~13,768 Bitcoin. At a 13.00% SATA yield and a Bitcoin price of $74,750, Strive’s current balance sheet and structure could support SATA dividend obligations for approximately 19.6 years.... Read more