News linked to both this project and an event.
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.
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.
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%.
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.
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.
: 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.
According to GlobeNewswire, Strive, a Nasdaq-listed Bitcoin treasury company, announced it will increase the dividend rate on its Variable-Rate Series A Perpetual Preferred Stock (SATA) by 25 basis points to 13.00%, effective for interest periods beginning on and after April 15, 2026. Additionally, Strive will distribute a dividend of $1.0833 per share on May 15, 2026, to shareholders of record as of May 1, 2026. Strive disclosed it has acquired an additional ~27 bitcoins, bringing its total bitcoin holdings to approximately 13,768. Under the assumptions that the SATA yield is 13.00% and the average purchase price of bitcoin is $74,750, Strive’s current balance sheet structure can support such dividend payments for approximately 19.6 years.