Strive’s SATA to pay cash dividends daily starting June 16

Strive Inc. will pay cash dividends on its Variable Rate Series A Perpetual Preferred Stock (SATA) every U.S. business day starting June 16, 2026, at a 13.00% annualized rate. The company disclosed the change with its first-quarter financial filing.

SATA had paid dividends monthly at the same 13.00% headline rate. With daily cash distributions and compounding across roughly 250 U.S. business days, the effective annual yield increases to about 13.88% while the stated annualized rate remains 13.00%.

Strive reported a GAAP net loss of $265.9 million for the first quarter. A $295.8 million decline in the fair value of its Bitcoin holdings accounted for 96.6% of that loss. The company added 6,001 BTC during the quarter, including 5,048 BTC acquired in an all-stock purchase of Semler Scientific. An additional 1,381 BTC were added in April and early May, bringing holdings to 15,009 BTC as of May 12.

That Bitcoin total places Strive ninth among public corporate holders, based on Bitcoin Treasuries data. On the balance sheet, Strive reported $87.6 million in cash and a $50.5 million position in Strategy Capital’s STRC preferred stock. The company reported no short-term or long-term debt.

SATA is a variable-rate perpetual preferred security. The change affects the payment cadence: holders will receive a cash payment on each U.S. business day, with the annualized payout tied to the 13.00% rate and subject to daily compounding.

CEO Matthew Cole described the plan as a “zero-to-one innovation” and called the firm “The Daily Dividend Company.” He added, “SATA will be the first listed security in the history of U.S. capital markets to pay cash dividends every single Business Day, beginning June 16, 2026, at a current annualized rate of 13.00%.” Strive disclosed the daily dividend schedule alongside its quarterly results and investor materials.