Question 1

What yield does Strive's SATS preferred stock pay?

Accepted Answer

SATS carries a 15% annual dividend on its $100 stated amount, or $15 per share. Because it priced at $90 per share, BitcoinTreasuries.net calculated an effective yield of 16.7%.

Question 2

How much did Strive raise in the SATS offering?

Accepted Answer

Strive sold 7 million shares at $90 each for roughly $630 million in gross proceeds, or $700 million in notional value, before a $3-per-share underwriting discount and expenses.

Question 3

Where does Strive rank among corporate bitcoin holders?

Accepted Answer

Strive held 36,818 BTC as of October 16, making it the fourth-largest public corporate holder behind Strategy, Metaplanet and Twenty One, with CEO Matt Cole targeting the No. 2 position by the end of 2026.

SATS

Strive lists 15% SATS preferred after $630M IPO, funding push to No. 2 corporate bitcoin holder

One sharp brief.
Every day.

SATS

Strive lists 15% SATS preferred after $630M IPO, funding push to No. 2 corporate bitcoin holder

One sharp brief.Every day.

One sharp brief.
Every day.