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Strive hikes SATA yield to 12.75%, doubles down on Bitcoin and preferred stock betse% – TON BOT

Strive hikes SATA yield to 12.75%, doubles down on Bitcoin and preferred stock betse%

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Strive has increased the dividend on its SATA preferred stock to 12.75% and is now tying more of its balance sheet to Bitcoin and high-yield preferred equity bets. The company also holds about 13,311 bitcoins and is allocating $50 million to Strategy Inc.’s STRC preferreds for higher yield. Investors in SATA are backing Strive’s core business and its bet on Bitcoin and risk assets in a high-rate, high-volatility environment.

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