coin-img-ETHETH-0.63%coin-img-BTCBTC-0.42%coin-img-SOLSOL-0.26%coin-img-MANTAMANTA-2.27%coin-img-AUDIOAUDIO+0.37%coin-img-KAVAKAVA+1.15%coin-img-FLOWFLOW-4.55%coin-img-KSMKSM-2.11%coin-img-ETHETH-0.63%coin-img-BTCBTC-0.42%coin-img-SOLSOL-0.26%coin-img-MANTAMANTA-2.27%coin-img-AUDIOAUDIO+0.37%coin-img-KAVAKAVA+1.15%coin-img-FLOWFLOW-4.55%coin-img-KSMKSM-2.11%coin-img-ETHETH-0.63%coin-img-BTCBTC-0.42%coin-img-SOLSOL-0.26%coin-img-MANTAMANTA-2.27%coin-img-AUDIOAUDIO+0.37%coin-img-KAVAKAVA+1.15%coin-img-FLOWFLOW-4.55%coin-img-KSMKSM-2.11%coin-img-ETHETH-0.63%coin-img-BTCBTC-0.42%coin-img-SOLSOL-0.26%coin-img-MANTAMANTA-2.27%coin-img-AUDIOAUDIO+0.37%coin-img-KAVAKAVA+1.15%coin-img-FLOWFLOW-4.55%coin-img-KSMKSM-2.11%

Strive Announces 15% Annual Dividend for SATS Perpetual Preferred Stock IPO

Strive, a Bitcoin reserve company holding 32,773 BTC, announced an IPO of Series A perpetual preferred shares under ticker SATS. It plans to issue 5 million shares at $100 each with a 15% annualized dividend, first payable Nov 9, 2026. Proceeds will fund Bitcoin purchases. Barclays and Cantor Fitzgerald are joint bookrunners.
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