Strive, the Bitcoin treasury and asset management firm trading on Nasdaq under the ticker ASST, just pulled off something no US-listed security has done before. It announced a shift from monthly to daily cash dividend payments on its Variable Rate Series A Perpetual Preferred Stock, ticker SATA, and the market responded with enthusiasm that’s hard to ignore.
SATA’s 30-day average trading volume climbed 215% to $53.1 million following the May 14 announcement.
What daily dividends actually look like
Strive is now planning to pay cash dividends every business day starting June 16, 2026. At an annualized rate of 13%, that works out to roughly $0.0542 per share each trading day.
Traditional dividend stocks experience predictable price swings around ex-dividend dates, the cutoff day that determines who gets the next payout. Investors buy in before the date, the stock drops by approximately the dividend amount the next day, and traders arbitrage the gap. By distributing tiny amounts daily, Strive aims to flatten those spikes and keep SATA trading in a narrow band between $99 and $101.
