Strive Acquires $50 Million in Dividend-Paying STRC

Strive has announced the acquisition of $50 million worth of Strategy's dividend-paying STRC. According to NS3.AI, this move follows Strive's January fundraising effort, where it raised approximately $118 million by selling 1,320,000 shares of its own SATA at $90, which is below its $100 par value. The transaction suggests a 125 basis point negative carry if STRC maintains its position near par.