Strive Announces Daily 13% Dividends on SATA

Strive Inc., the Bitcoin-focused company founded by Vivek Ramaswamy, announced Thursday that it will begin paying daily dividends on its Variable Rate Series A Perpetual Preferred Stock, ticker SATA, every business day starting June 16 at an annualized rate of 13 percent. The payouts will be funded by income from the company's Bitcoin treasury strategy.

The move accompanies Strive's first-quarter 2026 earnings report, which showed an unrealized net loss of $265.9 million, primarily due to a 23 percent decline in Bitcoin's market value during the period. The company ended the quarter with no outstanding debt after repurchasing its remaining long-term notes. It also reported zero margin requirements and no encumbered Bitcoin, creating what CEO Matt Cole described as "a balance sheet purpose-built to thrive through Bitcoin volatility."

Strive held 13,628 Bitcoin at the end of the first quarter, including 5,048 acquired through its purchase of Semler Scientific. The company has since added 1,381 more coins, bringing its total to 15,009 Bitcoin, valued at approximately $1.22 billion at current prices.

Cole called the daily dividend structure the first of its kind for a U.S. public...