Strive announced a series of updates related to its SATA preferred security, including a transition to daily dividend payments, the maintenance of its 13% annualized dividend rate through June 2026, and an expanded Bitcoin treasury position.

According to the company, SATA is expected to become the first listed security in U.S. capital markets history to distribute dividends on a daily basis. 

The new structure is scheduled to begin on June 16th, 2026, with payments made on each business day, amounting to roughly 250 dividend payments annually.

Strive stated that the annual percentage rate for SATA will remain at 13% through June 2026. 

The company said the shift from monthly to daily payments is designed to increase effective annual yield through more frequent compounding while also reducing volatility associated with traditional ex-dividend dates.

During the presentation, Strive executives said the company has also eliminated its remaining debt obligations after retiring approximately $10 million in convertible debt, leaving the firm with what it described as a “zero debt” balance sheet structure.

The company disclosed that it currently holds 15,009 Bitcoin, valued at approximately $1.2 billion at current market prices, with executives emphasizing that the holdings are unencumbered.

Strive further stated that ASST is currently the only Bitcoin treasury company using what it described as a “preferred equity only amplification” structure rather than debt-based leverage.

SATA is used similarly to Strategy’s STRC preferred structure, with Strive raising capital through at-the-market preferred equity offerings to acquire additional Bitcoin while avoiding traditional debt financing and margin exposure.