Starting today, Strive Inc. is paying cash dividends on its Variable Rate Series A Perpetual Preferred Stock every single business day. Not monthly. Not quarterly. Daily.
That makes SATA, which trades on NASDAQ, the first US-listed security to distribute cash dividends on a daily basis. For a company that holds over 15,000 BTC on its balance sheet and carries zero debt, the move is less a gimmick and more a statement about where Bitcoin treasury firms think traditional finance is heading.
How the daily dividends actually work
The mechanics are straightforward. SATA carries a 13% annualized dividend rate based on a $100 par value per share. That works out to roughly $0.0542 per share per business day, paid to whoever held the stock as of the prior business day’s record date.
Because dividends compound daily across approximately 250 business days per year instead of being lumped into monthly or quarterly chunks, the effective yield climbs to approximately 13.88%.
