Strive Raises SATA Dividend to 12.75% and Purchases $50M STRC, Bitcoin
Strive increased its SATA dividend rate by 25 basis points to 12.75%, declared a $1.0625-per-share payment for April 15 and narrowed its trading range to $99–$101. It increased reserves to 18 months, bought 179 Bitcoin to hold ~13,311 BTC and spent $50 million on STRC, covering over 19 years of interest.
1. Dividend Rate Hike and Guidance
Strive raised its SATA dividend rate by 25 basis points to 12.75% and declared a $1.0625 per share dividend for stockholders of record on April 1, payable April 15. It also narrowed the target SATA trading range to $99–$101 and confirmed it will not issue new SATA shares via ATM or follow-on offerings below $100.
2. Bitcoin Accumulation
The company purchased 179 additional Bitcoin, bringing its total holdings to approximately 13,311 BTC as of March 9, 2026, reflecting continued disciplined accumulation under its Bitcoin hurdle rate strategy.
3. STRC Preferred Stock Investment
Strive invested $50 million to acquire 500,000 shares of its Strategy Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), viewing it as a high-quality credit instrument that enhances yield, liquidity and capital structure optimization.
4. Reserve Coverage Strength
Total reserves for SATA dividends now cover 18 months—12 months in cash and 6 months in STRC based on current prices—and, combined with Bitcoin and cash, provide coverage for over 19 years of interest payments. As of March 9, the company held $143.4 million in cash and equivalents and maintained robust capital allocation discipline.