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Strive perpetual preferred series of stock (SATA)
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Strive Hikes Preferred Share Dividend Rate as Bitcoin Treasury Companies Continue to Plunge
Yahoo Financeยท 2025-12-15 15:36
It's another in what's been a long run of difficult days for bitcoin treasury companies (BTCTCs) as the price of bitcoin (BTC) tumbles below $87,000 in morning U.S. action on Monday. Among those headed lower is Strive (ASST), now down 9% to a record low of $0.78. At the height of the BTCTC mania in the spring, Strive at one point traded above $13. Attempting to mirror Michael Saylor's Strategy, Strive last month issued a perpetual preferred series of stock (SATA), raising $160 million, with a dividend r ...