The post Bitcoin Treasury Firm Strive Reveals Daily Dividends For SATA In Q1 Earnings appeared on BitcoinEthereumNews.com. Strive, Inc. said it will start payingThe post Bitcoin Treasury Firm Strive Reveals Daily Dividends For SATA In Q1 Earnings appeared on BitcoinEthereumNews.com. Strive, Inc. said it will start paying

Bitcoin Treasury Firm Strive Reveals Daily Dividends For SATA In Q1 Earnings

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Strive, Inc. said it will start paying the daily dividends on its Variable Rate Series A Perpetual Preferred Stock (SATA Stock) from June 16, 2026. However, it also revealed suffering a massive loss in the first quarter as the value of Bitcoin fell.

Strive Announces Daily Dividends For SATA Amid Bitcoin Strategy

The Bitcoin treasury company announced that it will now pay dividends to shareholders on the previous business day and on a daily basis. It also has the annual dividend rate for SATA stock set at 13% by its board.

CEO Matthew Cole states: “SATA will be the first listed security in the history of U.S. capital markets to pay cash dividends every single Business Day, beginning June 16, 2026, at a current annualized rate of 13.00%. This is a true zero-to-one innovation.”

Moreover, in the quarter that ended on March 31, 2026, Strive acquired 6,001 Bitcoin. The acquisition of Semler Scientific, Inc. accounted for 5,048 BTC of purchases; and open-market purchases accounted for the other 953 BTC.

From April 1 to May 12, the company bought another 1,381 BTC. Furthermore, Strive has revealed that it bought another 9 BTC since May 4, bringing total Bitcoin reserves to 15,009 BTC.

As of May 12, the company had a Bitcoin Yield of 11.1% in Q1 and 4.6% quarter-over-quarter in Q2. It has also recorded a Bitcoin gain of 848 BTC in Q1 and 621 BTC so far in Q2. The Bitcoin gains amount to around $57.8 million in Q1 and $50.1 million QTD.

Quick Look At Q1 Company Earnings

Strive Q1 2026 earnings report shows that the company had $87.6 million in cash and cash equivalents as of May 12. It also has an investment in Strategy’s STRC preferred stock worth $50.5 million.

However, it reported a net loss of $265.9 million for the first quarter, with $295.8 million from a drop in the Bitcoin price. Its net loss attributable to common shareholders (excluding preferred dividends) was $319.7 million, or $5.19 per diluted share. It’s way higher compared to $316.1 million, or $4.56 per diluted share, in the prior year.

Meanwhile, Cole remained optimistic on Strive’s future. He said, “Today, Strive stands debt-free, with zero margin requirements, and zero encumbered Bitcoin; a balance sheet purpose-built to thrive through Bitcoin volatility,”

Source: https://coingape.com/bitcoin-treasury-firm-strive-reveals-daily-dividends-for-sata-in-q1-earnings/

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