TechFlow reports that on April 15, according to GlobeNewswire, Strive, a Nasdaq-listed Bitcoin treasury company, announced an increase of 25 basis points in the dividend rate for its Variable-Rate Series A Perpetual Preferred Stock (SATA), raising it to 13.00%. This new rate will take effect starting with the accrual period beginning on April 15, 2026, and thereafter. Additionally, Strive will distribute a dividend of $1.0833 per share on May 15, 2026, to shareholders of record as of May 1, 2026.
Strive disclosed that it has acquired an additional approximately 27 bitcoins, bringing its total bitcoin holdings to approximately 13,768. Under the assumptions of a SATA yield of 13.00% and an average bitcoin purchase price of $74,750, Strive’s current balance sheet structure can support such dividend payments for approximately 19.6 years.
