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Signata is a Web3 identity manager built on IPFS and controlled by the Signata Decentralized Autonomous Organization (Signata DAO).
Strive: Plans to Issue Additional SATA to Accumulate 175,000 BTC
Jeff Walton (@PunterJeff) of Strive stated that Strive is raising funds at a rate of $8.1 million per day. If this capital is used to pay dividends, it could support the issuance of $15.5 billion worth of SATA tokens. Jeff Walton indicated that this amount of capital is equivalent to purchasing approximately 175,000 BTC at current prices, which would increase its total BTC holdings to 10 times its current size. (BitcoinTreasuries.NET)
Strategy STRC Falls Below $97, Cash Reserves Drop to Approximately $871 Million
: STRC once fell to $97.11, then rebounded and closed at $98.57. Attention is being paid to Strategy's ability to continue using this preferred security as a financing tool through ATM issuance.After repurchasing $1.5 billion in convertible debt, Strategy's cash reserves dropped to approximately $871 million, only covering about six months of its estimated $1.7 billion annual preferred dividend obligations. Strive's perpetual preferred security SATA remains near its $100 par value, supported by an approximately 13% dividend yield and the company's plan to launch daily dividend payments.
SATA pre-market price rebounds to near $100 face value, STRC holds above $86
BitcoinTreasuries.NET posted on platform X that pre-market trading has commenced, with SATA gradually rebounding to near its $100 face value and STRC holding above $86. SATA continues to pay daily dividends during the market consolidation period. Supported by Apyx_fi, double-digit yields are available to everyone.
SATA's pre-market price rebounds to near $100 face value, with the 20th consecutive dividend distribution today
BitcoinTreasuries.NET posted on platform X, stating that pre-market trading has commenced, with SATA's price rebounding to near its $100 face value, and STRC slightly recovering to above $90. SATA will distribute its 20th consecutive dividend today, powered by Apyx_fi, offering double-digit yields to all.
STRC跌破面值 timeline recap: The chain reaction from bond repurchase to BTC price decline
According to CoinDesk, STRC—Strategy’s dividend-paying preferred stock—recently fell below its $100 par value, sparking market discussion about the company’s capital structure and solvency. Key timeline events are reviewed below: May 14: STRC closed at $100 on the ex-dividend date; Bitcoin’s price remained above $80,000, yet market stress was already evident. Concurrently, Strive Asset Management announced its competing product, SATA, would adopt a daily dividend mechanism, raising its yield to 13%, further intensifying competitive pressure on STRC. May 15: Strategy announced it would repurchase $1.5 billion of its 2029 convertible bonds at an ~8% discount. The market subsequently noted that the company used its U.S. dollar cash reserves—previously earmarked for dividend and debt servicing—to execute this transaction. May 26: Strategy confirmed its cash reserves were deployed in the bond repurchase, reducing its cash balance to approximately $871 million—enough to cover only about six months of STRC dividend payments, down from its prior target of maintaining roughly 24 months of coverage. June 1: Strategy sold 32 BTC—the first Bitcoin sale since 2022—to demonstrate its ability to support dividend payments via asset sales. Following the announcement, MSTR’s stock price dropped 5.9%.
Capital B is developing a Bitcoin-backed digital credit instrument for the European market.
According to The Block, Alexandre Laizet, Director of Capital B—a French-listed Bitcoin reserve company—said the company is developing a Bitcoin-backed digital credit instrument for the European market, modeled after Strategy’s STRC and Strive’s SATA.
SATA daily dividend payment begins in 6 days, pre-market price recovers to nearly $100 face value
BitcoinTreasuries.NET posted on X platform, stating that pre-market trading is now open, with both SATA and STRC recovering to near $100 face value. SATA's daily dividend payment will begin in 6 days, supported by Apyx_fi, offering double-digit yields to everyone.
Strategy STRC Falls Below $97, Cash Reserves Drop to Approximately $871 Million
: STRC once fell to $97.11, then rebounded and closed at $98.57. Attention is being paid to Strategy's ability to continue using this preferred security as a financing tool through ATM issuance.After repurchasing $1.5 billion in convertible debt, Strategy's cash reserves dropped to approximately $871 million, only covering about six months of its estimated $1.7 billion annual preferred dividend obligations. Strive's perpetual preferred security SATA remains near its $100 par value, supported by an approximately 13% dividend yield and the company's plan to launch daily dividend payments.
Related news
STRC to Distribute First Semi-Monthly Dividend in 3 Days, Pre-Market Price Holds Above $88
BitcoinTreasuries.NET posted on X platform, noting that STRC's pre-market price is currently maintaining above $88, while SATA is above $96. Additionally, STRC is 3 days away from its first semi-monthly dividend distribution (i.e., paying dividends twice per month).
SATA pre-market price rebounds to near $100 face value, STRC holds above $86
BitcoinTreasuries.NET posted on platform X that pre-market trading has commenced, with SATA gradually rebounding to near its $100 face value and STRC holding above $86. SATA continues to pay daily dividends during the market consolidation period. Supported by Apyx_fi, double-digit yields are available to everyone.
SATA's pre-market price rebounds to near $100 face value, with the 20th consecutive dividend distribution today
BitcoinTreasuries.NET posted on platform X, stating that pre-market trading has commenced, with SATA's price rebounding to near its $100 face value, and STRC slightly recovering to above $90. SATA will distribute its 20th consecutive dividend today, powered by Apyx_fi, offering double-digit yields to all.
Strive CEO Announces SATA Issuance Mechanism Will No Longer Default to Automatic Inflation at $100
Matt Cole, CEO of Strive, announced on the X platform that in the future, SATA will no longer default to automatic new coin/token issuance at $100. However, the core goal surrounding SATA remains to anchor its price at $100 and minimize long-term volatility. Matt Cole pointed out that unless otherwise communicated, investors should not assume Strive will automatically issue additional SATA at the $100 price level. However, under normal market conditions, the mechanism could still "potentially occur." The current market environment is "not normal," so the company needs to retain greater flexibility in issuance decisions, which also aligns with long-term shareholder interests and SATA's stability objectives. Overly mechanized issuance rules could be exploited by market behavior, increasing volatility risk over the long term. Therefore, an excessively rigid mechanism design will not be adopted.Furthermore, whether Strive suspends issuance or takes other measures will be entirely based on management's assessment of long-term shareholder interest and stability. The company will not provide advance "specific operation previews." It is expected to reference market data such as short interest ratios and borrowing costs, but will not rely on any single indicator.
BitcoinTreasuries.NET: Strategy and Strive Account for Nearly All Public Company Bitcoin Purchases in June
BitcoinTreasuries.NET posted on X, stating that Strategy and Strive collectively increased their holdings by 6,989 BTC in June, accounting for nearly all Bitcoin purchases by publicly listed companies, with funds primarily raised from STRC and SATA proceeds.
Strive CEO: Seeking Market Feedback on Temporarily Pausing New SATA Issuance at $100
Strive CEO posted on X platform, stating that Strive is seeking market feedback on temporarily pausing the issuance of new SATA at $100 and letting the market determine the clearing price, provided that this approach aligns with the long-term best interests of shareholders; short positions in SATA have increased by approximately 1 million shares over the past period.