Strive’s SATA Sets U.S. First With Daily 13% Bitcoin-Backed Dividend Preferred

Strive Asset Management is preparing to launch a new structure for income-focused investors, with its SATA preferred stock set to become the first U.S.-listed security to distribute cash dividends on every business day. The shift, scheduled for June 16, marks a departure from the monthly payout model that defines most dividend instruments and reflects a broader push to reshape yield products around digital asset strategies.

The company will maintain its stated annual dividend rate of 13%, yet the move to daily distributions raises the effective annual yield to about 13.88% through compounding across roughly 250 trading days. 

Chief executive officer Matthew Cole described the design…

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