Strive Increases Dividend Rate and Expands Bitcoin Holdings

Strive has announced a 25 basis point increase in the dividend rate on its SATA preferred stock, bringing it to 12.75%. According to NS3.AI, this adjustment is part of a broader balance sheet update aimed at enhancing its digital credit strategy. The company has also expanded its cryptocurrency portfolio by purchasing 179 bitcoin, raising its total holdings to approximately 13,311 BTC. Additionally, Strive has allocated $50 million to acquire 500,000 shares of Strategy's STRC preferred stock.