Bitcoin Firm Strive Launches SATS Stock With 15% Dividend After Raising $630M
Strive has rolled out a new preferred stock paying 15% annual dividends, backed by a bitcoin treasury worth roughly $3 billion. The company raised $630 million by selling the shares at a discount, giving investors a potential yield approaching 17%. Strive Raises $630 Million With New SATS Preferred Stock The Dallas-based bitcoin treasury company closed […]
Strive, a Dallas-based bitcoin treasury company, launched a new preferred stock called SATS paying a 15% annual dividend, backed by a bitcoin treasury worth roughly $3 billion. The company raised $630 million by selling the shares at a discount, giving investors a potential yield approaching 17%. The deal signals continued institutional appetite for bitcoin-linked yield products, which traders may read as a modest positive for BTC sentiment and demand for treasury-company structures.
