SATA
Variable Rate Series A Perpetual Preferred Stock
Latest price and dated assessment
*Includes eligible declared dividends still awaiting payment, valued at their stated amount. This is not cash received or a realized sale gain. No reinvestment; before fees and taxes. See calculation and cash breakdown.
Assessment and scenario: September 15 close ($100.00; 13.00% indicated yield). The price/yield above is the newer snapshot; this assessment has not been rewritten for it.
At $100.00, the 13% annual rate implies 13.00% indicated yield. That is about 0.65 percentage points above STRC at $97.14, but across different issuers; it is not proof of superior value. Strive’s negative first-half operating cash flow and growing preferred base make capital access and BTC monetization central to the income case.
What would improve or weaken the case?
Improves: A more favorable price, reduced operating cash use or stronger liquid resources relative to the expanding SATA burden would improve support for the income.
Weakens: A lower variable rate cuts income. Continued preferred issuance without proportionate liquid payment resources, a BTC decline or closed financing markets weakens sustainability; daily payments do not eliminate these risks.
Watch: Track rate declarations, shares including pending issuance, cash separately from STRC investments, and BTC sales. September and announced October 13% rates do not promise a full year at 13%.
Explore a scenario using the September 15 entry price
This shows how a hypothetical sale price and distributions combine. It is not a price target or a forecast. Distributions are cash-equivalent amounts; STRK cash settlement is not guaranteed.
Entry $100.00; no reinvestment, fees or taxes. Default assumes a full year at the snapshot rate with all distributions realized. Rates and payments may change. Setting income to zero shows the price-only outcome.
Historical September 15 calculation inputs (latest inputs: price and rate evidence): Closing prices: Stock Analysis · Dividend declaration
SATA price history
Why investors consider it
Cash installments on business days, with cumulative dividend rights.
Main trade-off
The variable rate and payment conditions mean frequent scheduling is not guaranteed income.
What supports the dividends?
In the six months ended June 30, 2026, operations consumed $39.4 million, before $33.224 million of preferred cash dividends. Together those uses were $72.624 million. Financing provided $702.736 million over that period. Historical payments were not supported by positive operating cash generation.
At September 11, reported cash was $204.2 million, alongside 25,000 BTC and $49.813 million of STRC investments. Those STRC holdings are a separate issuer exposure, not cash. The reported 10,397,966 SATA shares, including sold shares pending issuance, imply $135.174 million in annual ordinary dividends if the 13% rate and count stayed unchanged.
Assessment: cash provides payment resources, but continued operating losses and a growing preferred base make financing access important. BTC sales can raise cash while reducing the asset pool. Frequent distributions do not eliminate funding risk.
Cash illustration and rate assumptions
$204.2 million divided by the static annual dividend estimate equals 18.13 months of dividends alone. It excludes operating spending, purchases, taxes and every other cash use; it is not forecast runway. September and announced October rates are 13%, with subsequent rates subject to change. The issuer reported zero debt as of August 7; operating and preferred obligations remain.
June 30 financial statements · September 11 holdings and share count · October dividend declaration
Understand the contract
What you own
Variable Rate Series A Perpetual Preferred Stock issued by Strive, Inc..
Preferred equity with no scheduled maturity. It is not direct ownership of the issuer’s digital assets.
How payments work
Cash dividends require a declaration by the board or its authorized committee and legally available funds, subject to the terms. Unpaid dividends accumulate, but that does not guarantee prompt payment.
Rights & exit limits
No conversion option. Perpetual. Issuer calls and defined fundamental-change repurchase rights are conditional; there is no general holder cash-out right.
Primary sources and research dates
13% annual rate for September 2026 (announced August 13); maintained at 13% for October 2026 (announced September 14, filed September 15). These period-specific rates are not permanent promises.