Strive’s Bitcoin Purchase Raises Annual Dividend Obligation by $12 Million

Strive has issued nearly one million new preferred shares to fund a Bitcoin purchase, increasing its dividend obligations by $12 million, CryptoSlate reported on Sept. 9, 2026. At the current 13% rate, payouts linked to the SATA preferred shares imply an annual cost of approximately $130 million. The company’s higher cash balance leaves static dividend coverage at about 19 months, according to the report. The update highlights the additional income commitment associated with Strive’s preferred-share issuance as it expands its Bitcoin holdings. No further transaction value, Bitcoin amount, or share price was provided in the source material.