Strive's SATA Breaks New Record: An Estimated 794 Bitcoin Bought Last Week

Strive's SATA perpetual preferred stock, which pays a 13.00% dividend, has officially smashed its weekly Bitcoin accumulation record for the second time this month. According to our data at BitcoinTreasuries.net.

SATA is now estimated to have acquired roughly 794 BTC last week, on net ATM volume of ~$61M, total trading volume of ~$160.9M, and approximately 626.8k shares issued. That's more than double the prior weekly record of 370.97 BTC set at the start of May, and a ~48% step up from the 535 BTC record reported mid-week before Friday's session was in.

Monday opened with 72.37 BTC at $5.55M in net ATM proceeds, and Tuesday roughly doubled that with 146.41 BTC at $11.25M. Wednesday added another 133.86 BTC, and Thursday brought in 182.59 BTC, pushing the four-day total to 535.23 BTC. That was already past the old record with one session left to run. Then Friday alone added an estimated 259 BTC, the single largest day SATA has ever printed

Even Michael Saylor has now shown support for SATA saying "The most interesting story in Bitcoin right now is the rise of $SATA in the credit markets and the embrace of $ASST by the equity capital markets." A direct nod from Strategy's executive chairman, the architect of the playbook SATA is iterating on, landing in the middle of the heaviest buying day SATA has ever printed.

Track it all on BitcoinTreasuries.net, minute-by-minute accumulation, yield, price, and buying activity, using our SATA BTC Accumulation Tracker.

Two things are stacking on top of each other. The first is the ordinary dividend cycle we've watched play out for the better part of a year, with capital rotating out of STRC into SATA as the ex-dividend calendar shifts. That alone tends to push SATA back above par and reopen the ATM. What's different this time is the second factor: Strive's recent announcement that SATA will soon move to daily dividend payments, a Wall Street first. Existing preferred stock structures run monthly, quarterly, or at best semi-monthly. A daily payout effectively eliminates the "blackout" windows that have historically caused issuance to stall for weeks at a time after each ex-date. With Saylor's endorsement adding a third leg, the demand picture is now reinforcing itself from multiple directions at once.

The headline numbers still favor Strategy by a mile in absolute terms. Strategy bought an estimated 24,869 BTC last week, pushing its holdings from 818,869 to 843,738 BTC, a 3.04% week-on-week increase.

But on a percentage-of-treasury basis, Strive has now lapped that pace. A 794 BTC buy on top of Strive's 15,391 BTC treasury works out to a 5.16% increase, meaning for Strategy to match that same percentage growth against its 818,869 BTC base, it would have needed to buy roughly 42,250 BTC in a single week, around 17,400 BTC more than it actually did. The gap between the two has widened materially from where it stood seven days ago.

Official figures will be confirmed in upcoming regulatory filings, but the signal from last week is unambiguous: SATA is no longer a curiosity at the edges of the digital credit market. With Saylor publicly anointing it, the daily-dividend mechanism still ahead of it, and a record now sitting at nearly 800 BTC in a single week, the rankings table is going to look quite different by the end of the quarter.