Strive Raises SATA’s Annual Dividend Rate to 13.25% on Dec. 1

Strive will increase its annual dividend rate on SATA preferred stock to 13.25% for periods starting Dec. 1, 2026, as its Bitcoin (BTC) holdings stood at 43,153 BTC on Nov. 6.

The increase adds 0.25 percentage point to SATA’s former 13% rate. With a $100 stated amount, the new rate works out to $13.25 per share annually, compared with $13 under the prior rate. SATS, Strive’s separate preferred stock, stays at a fixed 15%, calculated against a $100 stated amount. SATA’s rate can vary; SATS’ rate is fixed. Cash dividends on both classes are distributed each business day. Before the change, SATA had recorded a run of more than 109 daily dividend payments at 13%.

The adjustment takes SATA above the 13% level in place for October, detailed in Strive’s earlier 13% SATA rate coverage.

Strive’s latest disclosed purchase added 29 BTC at an average price of about $75,721 per coin, or roughly $2.2 million. Holdings stood at 43,153 BTC on Nov. 6, above the 43,000 BTC level in an earlier account of its Bitcoin purchases.

Strive raises funds through preferred stock sales and applies the proceeds to Bitcoin purchases. The SATS class was issued through a seven-million-share offering that closed Oct. 20 and brought in $630 million gross. This preferred-stock model gives Strive funding for Bitcoin acquisitions without conventional borrowing, while adding dividends to the company’s obligations.

As of early November, Strive had 14,030,176 SATA shares and about 7.036 million SATS shares outstanding. At rates then in effect, the two classes carried a combined annualized dividend obligation of about $288 million. The figure is annualized across outstanding shares and reflects the earlier SATA rate, which remains in effect until Dec. 1.

Bitcoin does not generate interest or dividends. Strive maintains reserves covering about 18 months of SATS dividends. That reserve coverage applies to SATS, while the $288 million obligation covers both preferred classes. Future preferred payments depend on reserves, fresh capital raises and, ultimately, the value of Strive’s Bitcoin holdings. The higher SATA rate applies to dividend periods beginning Dec. 1, 2026.