Strive Buys Estimated 296 Bitcoin via SATA as Daily Dividends Gain Momentum

Strive’s SATA preferred stock saw strong demand on the second day of its new daily dividend structure. Data from BitcoinTreasuries.net’s SATA ATM Tracker shows the company acquired an estimated 296.33 Bitcoin through its at-the-market program on Tuesday alone.

The tracker recorded $19.45 million in net proceeds from 199.5K shares issued that day, with total volume reaching $97.04 million including extended-hours trading. SATA closed at $100.01, maintaining a slim premium above its $100 par value and keeping the ATM window open.

When combined with the roughly 117 Bitcoin acquired on the first day of daily dividends, the total for the week so far stands at approximately 413 Bitcoin, supported by around $27.3 million in combined net ATM proceeds.

The move to daily payouts at the current 13% annualized rate is clearly resonating with income-oriented investors by delivering more frequent cash flow and eliminating the old monthly timing issues.

Meanwhile, Strategy’s competing STRC preferred stock closed near $91.85 — its third-lowest level since listing. Some market watchers see this as a sign that capital is rotating toward SATA’s higher yield and daily payment schedule.

Strive continues to run a debt-free balance sheet with a Bitcoin treasury now exceeding 19,100 coins. The daily dividend program provides a direct mechanism to turn demand for SATA above par into additional Bitcoin holdings.

You can follow the real-time ATM issuance, volume, and Bitcoin accumulation on the SATA ATM Tracker at BitcoinTreasuries.net.