Here’s a sentence you probably didn’t expect to read today: a Bitcoin treasury company thinks it can replace your money market account. Strive, the Nasdaq-listed firm trading under ticker ASST, is rolling out daily dividend payments on its Variable Rate Series A Perpetual Preferred Stock, known as SATA, starting June 16, 2026. The annualized rate? A cool 13%.
What SATA actually is, and why daily dividends matter
SATA is a preferred stock, which means it sits between common equity and debt in a company’s capital structure. Holders get fixed dividend payments before common shareholders see a dime. The twist here is the payout frequency: daily, rather than the monthly or quarterly cadence that dominates traditional finance.
Cole has described this daily payout structure as a “zero-to-one innovation,” designed to tap into the money flows that currently run through money market and checking accounts. SATA would become the first listed US security to offer this kind of daily dividend structure.
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