Bitcoin treasury Strive’s preferred stock, SATS, is now trading on the Nasdaq, according to the company. 

The stock debuted Tuesday and will pay a 15% dividend every business day, according to an announcement. 

Nasdaq-listed Strive said it closed its upsized initial public offering of 7,000,000 shares of SATS at a public offering price of $90 per share. 

JUST IN: 🇺🇸 Strive’s ‘SATS’ has officially IPO’d on the Nasdaq, and is raising $630 million to buy more Bitcoin and income-generating assets 🚀 pic.twitter.com/IxqeUENary

— Bitcoin Magazine (@BitcoinMagazine) October 20, 2026

It comes as public companies work to financialize bitcoin via different…

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