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$SATA Strive
SATA is Strive's variable-rate perpetual preferred stock, issued to support its Bitcoin treasury strategy. It offers cash dividends at an adjustable rate and has no scheduled maturity date.
Enter an investment amount or monthly income target, adjust your purchase price, and compare yield on cost. See worked examples for $500, $1,000 or $2,500 a month.
Compare SATA with Strive’s 15% SATS preferred, issued at $90 in its IPO.
Outstanding shares and annualized obligation as of 26-10-30.
Strive reported 14,030,176 SATA shares outstanding on October 30, unchanged for the week. At the 13% rate, those shares carry $182.39 million in annualized dividends. The 3,418 newly issued SATS shares rank junior to SATA and are tracked separately. November 2 treasury 8-K.
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$100 minimum company sale price
Announced 26-10-13. Binding minimum for all future SATA sales by the company, before underwriting or sales discounts, commissions, fees and expenses. It does not set a floor for secondary-market trading.
The amended definition permits Saturday or Sunday payments only if Federal Reserve Bank of New York, Nasdaq and depositary trading and settlement conditions permit. Strive anticipates no near-term change to dividend cadence.
October 13 SEC filing: SATA terms and dividendsNovember 2026 dividends
Strive maintained the 13.00% annual rate and declared 19 business-day payments of $0.0571 per share, totaling $1.0849 for November. Record dates are the immediately preceding business day.
The annualized monthly equivalent used by the income calculator is $13 ÷ 12, or about $1.0833 per share. The declared November total differs slightly because individual payments are rounded.
November payment and record dates
| Payment date | Record date | Per share |
|---|---|---|
| 26-11-02 | 26-10-30 | $0.0571 |
| 26-11-03 | 26-11-02 | $0.0571 |
| 26-11-04 | 26-11-03 | $0.0571 |
| 26-11-05 | 26-11-04 | $0.0571 |
| 26-11-06 | 26-11-05 | $0.0571 |
| 26-11-09 | 26-11-06 | $0.0571 |
| 26-11-10 | 26-11-09 | $0.0571 |
| 26-11-12 | 26-11-10 | $0.0571 |
| 26-11-13 | 26-11-12 | $0.0571 |
| 26-11-16 | 26-11-13 | $0.0571 |
| 26-11-17 | 26-11-16 | $0.0571 |
| 26-11-18 | 26-11-17 | $0.0571 |
| 26-11-19 | 26-11-18 | $0.0571 |
| 26-11-20 | 26-11-19 | $0.0571 |
| 26-11-23 | 26-11-20 | $0.0571 |
| 26-11-24 | 26-11-23 | $0.0571 |
| 26-11-25 | 26-11-24 | $0.0571 |
| 26-11-27 | 26-11-25 | $0.0571 |
| 26-11-30 | 26-11-27 | $0.0571 |
$500M repurchase authorization
Announced 26-10-05. Management may repurchase SATA from time to time. This is an authorization, not completed repurchases; the filing does not disclose purchases under the facility.
The authorization does not reduce outstanding shares or the annualized dividend obligation. The current 13% rate and business-day payment schedule are unchanged.
October 5 SEC filingCAPITAL EVENTS
| DATE | EVENT | SATA | PROCEEDS |
|---|---|---|---|
| 25-11-10 | IPO | 2,000,000 | $149.3M |
| 26-01-27 | Follow-on | 1,320,000 | $109.2M |
| 26-01-27 | Semler note exchange | 929,999 | — |
| 26-03-31 | ATM period | 110,466 | $11.0M |
| 26-06-30 | ATM period | 3,456,308 | $345.7M |
SATA notional is calculated as preferred shares outstanding × $100 stated amount. Annualized dividend obligation is notional × the applicable stated annual dividend rate. Historical inputs are sourced from Strive disclosures and SEC filings.
- 424B5 · 25-11-05 — IPO prospectus / COD — initial 12% rate
- 8-K · 25-11-10 — IPO closing 8-K — 2,000,000 shares @ $80; net ~$149.3M
- 8-K · 25-12-15 — Rate to 12.25% effective periods on/after Dec 16, 2025
- 10-K · 26-03-31 — 2025 Form 10-K — 2,012,729 SATA as of Dec 31, 2025
- 424B5 · 26-01-22 — Follow-on 424B5 — Dividend Payment Account narrative ($12 / $12.25)
- 8-K · 26-01-28 — Jan 28 8-K — follow-on close + Semler note exchange
- 8-K · 26-02-13 — Rate to 12.50%; 4,265,518 outstanding as of Feb 11
- 8-K · 26-03-11 — Rate to 12.75%; 18-month reserve (12 cash + 6 STRC); 4,275,118 as of Mar 9
- 10-Q · 26-05-14 — Q1 2026 10-Q — 4,373,194 as of Mar 31
- 8-K · 26-04-15 — Rate to 13.00% effective periods on/after Apr 15, 2026
- 8-K · 26-05-14 — Q1 results / COD amendment — business_daily from Jun 16; 4,959,536 as of May 12
- 10-Q · 26-08-10 — Q2 2026 10-Q — 7,829,502 as of Jun 30; ATM period totals; dividends declared
- 8-K · 26-08-10 — Q2 earnings 8-K — 7,829,502 as of Aug 7; 44 consecutive business-day payments
- 8-K · 26-08-24 — Aug 24 8-K — 7,829,502 as of Aug 14; 8,270,815 as of Aug 21
- 8-K · 26-08-31 — Aug 31 8-K — 9,073,914 as of Aug 28
- 8-K · 26-09-08 — Sep 8 8-K — 9,995,425 as of Sep 4
- 8-K · 26-09-14 — Weekly holdings update — 10,397,966 SATA shares as of September 11
- 8-K · 26-09-21 — Weekly holdings update — 11,184,160 SATA shares as of September 18
- 8-K · 26-09-28 — Weekly holdings update — 12,193,180 SATA shares as of September 25
- 8-K · 26-10-05 — October 2 weekly treasury update, September 30 preliminary results and SATA repurchase facility
- 8-K · 26-10-13 — October 9 treasury update — 14,030,176 SATA shares outstanding
- 8-K · 26-10-13 — $100 minimum company sale price, Business Day amendment and November 13% dividend declaration
- 8-K · 26-10-19 — October 16 treasury and capital balances
- 8-K · 26-10-26 — October 23 treasury, SATA and SATS balances
- 8-K · 26-11-02 — October 30 treasury, SATA and SATS balances