Strive to Pay Daily Dividends at 13% Rate, Compound to 13.88% Yield
Strive Inc will pay daily cash dividends for its SATA preferred stock beginning June 16, with a 13% annual rate and 13.88% effective yield. In Q1 it reported a GAAP net loss of $265.9M driven by a $295.8M fair-value decline in Bitcoin, while Bitcoin holdings rose to 15,009 BTC.
1. Daily Dividend Initiative
Strive Inc will start paying cash dividends on its Variable Rate Series A Perpetual Preferred Stock (SATA) every business day starting June 16, 2026. The dividend remains at a 13% annualized rate but daily compounding across roughly 250 business days raises the effective annual yield to 13.88%.
2. Q1 Financial Performance
In the first quarter, Strive reported a GAAP net loss of $265.9 million, primarily due to a $295.8 million fair-value decline in its Bitcoin holdings, accounting for 96.6% of the total loss. The structural shift to daily payouts was announced alongside these results as part of the firm’s strategic positioning.
3. Bitcoin Treasury Growth and Balance Sheet
Strive added a total of 6,001 BTC in Q1, including 5,048 BTC from the Semler Scientific acquisition and 1,381 BTC in April and early May, bringing total holdings to 15,009 BTC. The company holds no debt, with $87.6 million in cash and a $50.5 million position in its STRC preferred stock.