EconomyStrive adds $12 million to annual dividend burden after issuing preferred shares to buy Bitcoin
Bitcoin treasury company Strive increased its annualized preferred-dividend burden by nearly $12 million in one week after SATA shares rose by 921,511. It bought 1,375 BTC, taking holdings to 24,531, while the 13% current dividend rate implies about $129.9 million in annual payouts. Higher cash left coverage broadly unchanged at about 18.7 months.
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CryptoSlate★★☆☆☆2026-09-09 07:10Original
Strive adds $12 million to annual dividend burden after issuing preferred shares to buy Bitcoin
Economy