Strive SATA Buys an Estimated 117 Bitcoin on First Day of Daily Dividend Payments

Strive, Inc.’s Variable Rate Series A Perpetual Preferred Stock (SATA) has officially entered a new era. Today, the company made its first daily cash dividend payment to eligible holders—the first time in U.S. capital markets history that a listed security has paid cash dividends every single business day.

Yesterday, June 15, marked the inaugural record date. Investors who held SATA at the close of trading on June 15 received today’s dividend payment. Going forward, SATA holders will receive dividends on every business day at the current 13% annualized rate on the $100 par value—roughly 250 payments per year instead of the previous 12 monthly distributions. The move to daily payments eliminates the traditional ex-dividend date and the associated spikes in trading volume and price pressure that typically followed monthly payouts. Shares purchased on any business day now entitle buyers to the next day’s dividend, removing timing disadvantages for investors.

The transition triggered strong investor interest. Trading volume in SATA reached $77.05 million on the record date. This activity drove the preferred stock back to $100.01, just above its $100 par value. The strong demand enabled Strive to issue new shares through its at-the-market (ATM) program. According to our data at BitcoinTreasuries.net, Strive raised $7.84 million by issuing 80,400 new shares. This was sufficient to purchase an estimated 117.16 Bitcoin at an average price of $66,929. As of pre-market trading on June 16, the tracker showed additional modest inflows supporting roughly 1.5 more Bitcoin. These figures are estimates based on real-time volume and issuance data; official Bitcoin purchase numbers from Strive are expected next week.

SATA is designed as a Bitcoin-linked credit product that aims to deliver lower volatility than direct Bitcoin exposure while providing a stable income stream. The daily dividend structure further enhances this profile by delivering more frequent cash flow and a modest boost to effective yield through daily compounding. Strive maintains a debt-free balance sheet with substantial reserves dedicated to supporting dividend payments, plus its large Bitcoin treasury for long-term sustainability. The company currently holds over 19,100 Bitcoin, ranking it among the largest public corporate Bitcoin holders. Chairman and CEO Matthew Cole has described the daily dividend program as a “true zero-to-one innovation,” positioning Strive as “The Daily Dividend Company.”

For income-focused investors, SATA now offers one of the highest yields in the digital credit space with daily payouts and a mechanism that ties new capital directly to Bitcoin accumulation. While SATA carries equity market risk and is not a stablecoin, Strive’s clean balance sheet, reserves, and Bitcoin treasury are specifically built to support payout sustainability even through market volatility.

You can follow Strive’s ongoing Bitcoin purchases tied to SATA in real time on the SATA ATM Tracker at BitcoinTreasuries.net. The dashboard shows minute-by-minute accumulation, volume, price action, and share issuance. Official weekly or periodic Bitcoin treasury updates from Strive are typically released on Mondays.

Strive’s SATA delivered exactly what the product was engineered for on day one: a historic structural first for U.S. markets, a return to par value, and meaningful Bitcoin accumulation powered by genuine investor demand for daily income backed by Bitcoin.