Bitcoin Treasury Firm Strive Pushes SATA As Rival To Strategy’s STRC
Strive is turning its SATA preferred stock into a daily-dividend Bitcoin treasury product, positioning the security as a higher-yield, faster-paying alternative to Strategy’s STRC just as Michael Saylor’s preferred-stock vehicle posted record trading activity. The company said SATA will begin paying cash dividends every business day from June 16, 2026, while maintaining a 13.00% annualized […]
Related News
NYDIG says Strategy’s rapidly expanding STRC issuance has become a meaningful new source of incremental bitcoin demand, but argues the structure is being widely misunderstood. In a March 20 research note, the firm said the preferred-stock complex around Strategy and similar vehicles such as Strive’s SATA should be viewed less as traditional corporate credit and […]
Strive Asset Management Chief Strategy Officer Avik Roy said Michael Saylor has effectively “struck oil” with STRC, arguing that Strategy’s latest preferred equity structure has opened a powerful new funding channel for Bitcoin accumulation. Speaking with The Bitcoin Historian, Roy cast STRC not as just another capital raise, but as a product design breakthrough for […]
Asset management firm Strive Inc. today announced a merger with health tech firm Semler Scientific to create a new Bitcoin (BTC) treasury company that will hold more than 10,000 BTC on its balance sheet. Strive Merges With Semler Scientific, Expands Bitcoin Holdings According to an announcement earlier today, US politician and entrepreneur Vivek Ramaswamy’s Strive […]
Strive Asset Management reported a quarterly Bitcoin yield of 4.3% and a yearly performance of 18.7% — figures that came alongside its latest purchase announcement and paint a picture of a firm moving with quiet urgency. A Firm Built Around Accumulation On Monday, CEO Matt Cole confirmed that Strive acquired 444 BTC for nearly $34 […]
Michael Saylor defended Strategy’s Bitcoin-backed credit model after critics argued that the company’s STRC dividend structure resembled a Ponzi scheme, saying the business is built around monetizing Bitcoin capital gains rather than relying on perpetual equity issuance. Speaking in an interview shared via X on May 9, Saylor addressed the market reaction to Strategy’s recent […]