Strive Raises SATA Dividend and Deploys $50 Million Into MicroStrategy’s Preferred Shares

Bitcoin (BTC) treasury firm Strive has raised the dividend rate on its SATA preferred stock by 25 basis points to 12. 75%. The company also narrowed its targeted SATA price range to $99–$101, down from the previous $95–$105 band. Why it matters: Preferred shareholders gain a wider reserve buffer, 18 months versus the prior 12-month cash-only coverage source: https://beincrypto.com/strive-sata-dividend-hike-strc-reserves/