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Crypto US Stocks

Strive Raises SATA Preferred Stock Dividend Rate to 13.25%

Strive raised the annual dividend rate on its perpetual preferred stock SATA to 13.25%, effective December 1, while the fixed annual dividend rate on SATS remains at 15%. The company currently holds approximately 43,153 BTC. The adjustment was disclosed alongside the company’s bitcoin treasury position.

Original source

AI take

A double-digit preferred yield tied to a bitcoin-holding treasury is the real signal here: Strive is paying up for capital while its BTC position stays static in the disclosure. The gap between the SATA and SATS rates suggests differentiated claims on the same balance sheet, which matters for anyone holding either instrument. Whether that 13.25% coupon reflects funding pressure or deliberate structuring is the open question, and the next disclosure on treasury changes should be watched alongside it.

Generated by AI for reference only.

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