Strive Boosts SATA Dividend and Adds $50M of Strategy STRC

Strive has increased the dividend on its SATA preferred stock, purchased additional Bitcoin, and invested $50 million in Strategy’s STRC preferred shares as part of its evolving treasury strategy.

Key Takeaways

• Strive raised the dividend on its SATA preferred stock to 12.75 percent, increasing the yield by 25 basis points.
• The company allocated $50 million of its corporate treasury to Strategy’s STRC preferred shares.
• Strive also purchased 179 Bitcoin, bringing its total holdings to 13,311 BTC.
• The moves reflect growing institutional interest in high yield digital credit products tied to Bitcoin treasury strategies.

What Happened?

Bitcoin treasury company Strive Inc. announced several balance sheet updates including a higher dividend for its SATA preferred stock, the purchase of additional Bitcoin, and a $50 million investment in Strategy’s STRC preferred shares.

The adjustments aim to strengthen the firm’s capital structure while expanding exposure to digital credit instruments linked to Bitcoin focused treasury management.

Strive Raises SATA Dividend and Adjusts Trading Range

Strive increased the dividend rate of its SATA perpetual preferred stock to 12.75 percent, a rise of 25 basis points. SATA is a high yield preferred instrument listed on Nasdaq and backed by the company’s Bitcoin treasury strategy.

The company also tightened SATA’s expected trading range to between $99 and $101, compared with the previous range of $95 to $105.

According to Strive, the adjustment is designed to maintain price stability while supporting consistent returns for investors.

Strive Chief Executive Officer Matthew Cole said:

Following the announcement, SATA shares rose about 1 percent and were trading near $96.22, still below par value.

$50 Million Allocation to Strategy’s STRC Preferred Stock

Alongside the dividend update, Strive revealed that it allocated $50 million of its corporate treasury to Strategy’s STRC preferred stock, also known as Stretch.

STRC is a variable rate perpetual preferred security designed to deliver strong yield while maintaining relatively stable price behavior. The instrument currently offers a yield of around 11.5 percent.

Strategy Chief Executive Officer Phong Le said the growing adoption of STRC among institutional treasury managers highlights rising interest in digital credit products.

He noted that other organizations including Prevalon Energy, Anchorage Digital, and OranjeBTC have also added STRC to their corporate treasuries.

According to Strategy, STRC recently recorded $409 million in daily trading volume, the highest in its history, while its 30 day volatility declined to about 3 percent, the lowest level recorded so far.

Strive Expands Its Bitcoin Holdings

Strive also purchased an additional 179 Bitcoin, bringing its total holdings to 13,311 BTC. At current market prices, the holdings are valued at roughly $930 million.

The company uses Bitcoin as a benchmark hurdle rate for capital deployment, aiming to increase Bitcoin per share over time and outperform the asset’s long term performance.

Strive’s treasury strategy places it among a growing group of companies that have adopted the Bitcoin treasury model popularized by Strategy and its co founder Michael Saylor.

Company Background and Recent Moves

Strive Asset Management was founded in 2022 by Vivek Ramaswamy and later expanded its strategy into Bitcoin treasury operations.

The firm’s asset management division currently manages more than $2.5 billion in assets.

Last year, the company agreed to acquire Bitcoin treasury firm Semler Scientific, further expanding its exposure to the sector.

Strive has also been raising new capital. Its SATA preferred stock offering in November raised about $160 million, and the company later announced plans to raise an additional $150 million through a secondary public offering.

Shares of Strive’s Class A common stock (ASST) recently traded around $9.23, after reaching a high of $9.45 earlier in the day, according to Google Finance.

Image Credit – Google Finance

Despite the recent activity, the company’s stock has struggled over the past year, declining sharply from its 2025 peak and undergoing a reverse stock split to maintain exchange listing requirements.

CoinLaw’s Takeaway

In my experience covering Bitcoin treasury companies, moves like this show how quickly the digital credit market around Bitcoin is expanding. Strive is not only stacking more Bitcoin but also experimenting with yield products like SATA and STRC.

I found it especially interesting that institutions are starting to treat these preferred instruments almost like yield generating treasury tools rather than pure crypto exposure. If products like STRC continue to show stable pricing and double digit yields, they could become a major piece of institutional crypto finance over the next few years.

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