What happened: Strive also added to its bitcoin holdings and boosted the dividend on its own SATA preferred stock.
Cross-source context: The Block highlights strive is narrowing SATA’s price range to $99-$101 and boosting its dividend to 12.75%, higher than Strategy's STRC, which it was modeled on. Cointelegraph highlights the investment makes Strive the latest company to add the yield-generating security to its balance sheet as companies explore Bitcoin-linked treasury instruments. Cointelegraph highlights strategy often pauses BTC buys when STRC falls below $100, a setup that has previously coincided with 25%–40% Bitcoin declines.
What to watch next: movement around strategy's, investment.
