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Strive raises SATA dividend rate to 13.25% starting Dec. 1

Strive is increasing the dividend on its SATA preferred product to 13.25% beginning Dec. 1, while maintaining its SATS dividend at 15% as the company holds approximately 43,153 BTC.

Strive company logo displayed in white text with an orange accent on a black background.
Image: @Cointelegraph

Strive announced an increase in the dividend rate for its SATA preferred shares to 13.25% effective Dec. 1, while leaving its SATS dividend rate unchanged at 15%, according to reporting by Cointelegraph and details from an SEC Form 8-K filing.[3][2]

According to filing information shared by market commentator Pio, the distributions for December will span 22 business days. These payments correspond to aggregate monthly per-share amounts of $1.1044 for SATA and $1.2518 for SATS. Pio pointed out that SATA's 13.25% yield outpaces traditional alternatives, such as bank savings rates below 0.5%, S&P 500 yields around 1%, and Coinbase's 3.75% USDC payout.[2]

The dividend hike comes as Strive holds approximately 43,153 BTC. Crypto Briefing reported that the elevated dividend level puts a spotlight on the risks and rewards of using Bitcoin treasuries to generate income, bringing dividend sustainability into focus.[1][3]

Key facts

  • Strive is lifting its SATA preferred dividend rate to 13.25% beginning Dec. 1.
  • Strive's SATS dividend rate remains steady at 15%.
  • Strive holds approximately 43,153 BTC in its treasury stack.
  • An SEC Form 8-K filing shows December payments will cover 22 business days, totaling $1.1044 per share for SATA and $1.2518 per share for SATS.

Sources 路 3 sources

  1. CB

    Crypto BriefingArticle 路

    Strive lifts SATA preferred dividend to 13.25% as Bitcoin stack reaches 43,153 BTC Strive's increased dividend highlights the risks and rewards of leveraging Bitcoin holdings for income, emphasizing sustainability concerns. The post Strive lifts SATA preferred dividend to 13.25% as Bitcoin stack reaches 43,153 BTC appeared first on Crypto Briefing .

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  2. PI

    Pio@piovincenzo_Post on X 路

    Starting December 1st $SATA pays 13.25% in daily dividends 馃く Your bank savings account gives you under .5% The S&P 500 gives you about 1% Keeping your USDC on Coinbase gives you 3.75% idk seems pretty good to me https://t.co/sE2zKqX4pv

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  3. CO

    Cointelegraph@CointelegraphPost on X 路

    馃敟 UPDATE: Strive raises its $SATA dividend to 13.25% on Dec. 1. $SATS stays at 15%. Strive holds ~43,153 BTC. https://t.co/gdRBlR87JY

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