Strive SATA Stock Launches Daily Dividend First: 13.88% Yield!

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Strive SATA stock launches daily dividend first

Strive is set to become the first U.S. company whose stock will pay out cash dividends on every weekday.

Summary

  • Strive’s SATA preferred stock will begin daily cash payments on June 16, 2026, at a maintained annualized rate of 13%.
  • Daily compounding lifts the effective annual yield to approximately 13.88%, a 7.6 basis-point improvement over monthly payment structures.
  • Strive now holds 15,009 bitcoin, has retired all outstanding debt, and holds $87.6 million in cash as of May 12.

On May 14, Strive (Nasdaq: ASST) announced a change to its Variable Rate Series A Perpetual Preferred Stock dividends. Starting June 16, dividends will be paid daily instead of monthly. This means investors will receive approximately 250 payments per year, rather than just 12, with eligibility based on being a shareholder the business day before each payment.

Strive’s SATA will be the first security in U.S. history to pay cash dividends every business day, starting June 16, 2026. The current expected annual dividend rate is 13.00%. According to Matthew Cole, Strive’s chairman and CEO, this is a completely new approach to security payouts.

This change doesn’t affect the stated 13% annual interest rate. Instead, by compounding interest more often, it slightly increases the actual yearly return to around 13.88% – a 7.6 basis-point improvement. Strive believes this makes SATA a competitive option for earning cash, similar to money market accounts.

The company explained that this investment is designed for people who want to earn income and are seeking returns higher than those offered by traditional bonds or other fixed-income investments.

What the Q1 results show

In addition to announcing its dividend, Strive reported a net loss of $265.9 million for the quarter ending March 31st. This loss was mainly due to a $295.8 million decrease in the value of its bitcoin investments.

Revenue reached $2.8 million, a significant increase from $1.4 million during the same period last year. During the first quarter, Strive grew its Bitcoin holdings to 15,009 BTC, boosted by the recent acquisition of Semler Scientific (which added 5,048 BTC) and additional purchases on the market totaling 953 BTC.

As an analyst, I’m pleased to report that we’ve successfully paid off all of our long-term debt. This leaves us in a very strong position with no margin requirements and all of our bitcoin unencumbered. Our cash and cash equivalents currently stand at $87.6 million, and we also have an additional $50.5 million in Strategy preferred stock.

By April 2026, Strive had become one of the top ten publicly traded companies in the world to hold Bitcoin. Cole explained that the company’s financial structure was specifically designed to continue paying its daily dividends even when the price of Bitcoin fluctuated.

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2026-05-14 23:09