Strive pays 37th consecutive daily dividend on its Bitcoin-backed preferred stock

Strive, Inc. has now paid 37 consecutive daily dividends on its Variable Rate Series A Perpetual Preferred Stock, known by its ticker SATA. That’s every single trading day since mid-June, without a miss. The Nasdaq-listed firm, which trades under the ticker ASST, launched SATA back in November 2025 with a 12% annualized dividend rate and a monthly payment schedule. In May 2026, management bumped the rate to 13%. Then, on June 16, they switched to daily payments, making SATA the first US-listed security to offer dividends on a daily basis. How daily dividends actually work Instead of 12 dividend payments per year, SATA holders now receive approximately 250. Daily payments improve liquidity, reduce the duration risk between payouts, and allow for more frequent compounding if reinvested. SATA trades near par value, targeted within a $99 to $101 range. The security also includes cumulative dividend features, meaning if Strive ever misses a payment, those unpaid dividends accrue rather than vanish. There are also penalty-compounding protections baked in, giving holders an extra cushion against non-payment scenarios. Strive reports operating with zero debt and has set aside 18 months’ wo...