Strive said it raised the dividend rate on its SATA preferred stock to 12.75%, narrowed the trading range guidance, and added 179 bitcoin to its balance sheet.
Strive boosts digital asset reserves with purchase of 179 Bitcoin, now holding 13,311 BTC, increasing SATA dividend to 12.75%.
Strategy's big bitcoin buy last week shows renewed buying power for both of the digital asset treasury firm's big guns — preferred stock and MSTR stock issuance.
Strive (ASST) stock rises 2.2% after deploying $50M to Strategy's STRC, acquiring 179 Bitcoin, and increasing SATA dividend to 12.75% amid BTC recovery.
Michael Saylor declared the start of a “second century,” following the firm’s 100th Bitcoin purchase last month.
Strategy's preferred issues—hybrid securities that have both stock- and bond-like features—may appeal to both Wall Street and Main Street investors wary of whipsawing stock markets.
Morgan Stanley (MS) stock rises as the bank files amended Bitcoin ETF registration, partnering with Coinbase Custody and BNY ...
Historically, that role was played by gold, but now some look to Bitcoin (CRYPTO: BTC) and other cryptocurrencies to fill it.
Bitcoin is suffering from a broad market rotation away from speculative assets, despite positive crypto-specific developments ...